AGS Transact Technologies Limited has announced the successful renewal of its commercial with a leading private sector bank in India, for managing their ATMs under its Outsourcing Portfolio. The revised commercials introduce a hybrid fee model, combining transaction-based and fixed fee components, and are projected to generate about INR 300 million in annual revenue for the company's Payment Solutions business segment. This development underscores AGS Transact Technologies' ability to adapt in a rapidly evolving market.

Furthermore, it reinforces the company's leadership in the ATM/CRM outsourcing industry and aligns with strategic goals of sustainable growth and value creation for its stakeholders.