Pito AxM Platform, Inc.

Pito AxM Platform, Inc. (PAPI) is a Philippine company engaged in ATM operations, incorporated on April 1, 2019. It is a fully owned subsidiary of Seven Bank, Ltd., a Japanese bank and leading ATM network and financial service provider headquartered in Tokyo. Seven Bank's management decided to enter the Philippine market following the success of its ATM businesses in other countries, and PAPI was established as the vehicle for that expansion. PAPI's core business is the deployment, operation and maintenance of automated teller machines, with a particular focus on Cash-Recycling Machines (CRMs). These machines allow customers to perform balance inquiries, cash withdrawals and cash deposits, thereby enhancing convenience for users. The company positions itself around convenience, reliability and security, stating that it maintains and monitors its machines to ensure stability and availability, and that it has undergone PCI-DSS certification with a Qualified Security Assessor to ensure cardholder data is securely handled and processed. PAPI began deploying CRMs in 7-Eleven stores and started serving customers in most areas of the National Capital Region (NCR) on February 26, 2021, with an initial fleet of 11 ATMs. Since then the network has expanded substantially: according to the company, over 3,700 CRMs have been placed in 7-Eleven stores nationwide as well as in select Alfamart stores. This store-based ATM model places cash access points inside convenience retail locations, extending banking-type services beyond traditional bank branches. A key strategic relationship underpinning the rollout is PAPI's alliance with Philippine Seven Corporation, the operator of 7-Eleven in the Philippines. The company entered into a strategic business alliance with Philippine Seven Corporation in February 2020 to support the deployment, operation and maintenance of cash-recycling machines. PAPI has also onboarded other institutions as ATM operator partners; the company has highlighted the onboarding of CTBC for free balance checks and withdrawals. As a subsidiary of Seven Bank, PAPI forms part of a broader international ATM network strategy that Seven Bank has pursued outside Japan. Its operations are concentrated in the Philippines, where it serves retail customers through convenience-store-hosted machines and provides a dedicated customer contact team for assistance. The company remains active, continuing to expand its CRM footprint across the country.

Pito AxM Platform, Inc. (PAPI) was incorporated on April 1, 2019 as a fully owned subsidiary of Seven Bank, Ltd., a Japanese bank and leading ATM network and financial service provider based in Tokyo. Seven Bank had already built ATM operations in other countries, and following the success of those businesses, its management decided to enter the Philippine market. PAPI was created to provide high-quality financial services meeting customer needs, with a focus on installing Cash-Recycling Machines (CRMs) — ATMs capable of accepting deposits as well as dispensing cash. A pivotal step in the rollout came in February 2020, when PAPI entered into a strategic business alliance with Philippine Seven Corporation, the operator of the 7-Eleven convenience store chain in the Philippines. This alliance was designed to support the deployment, operation and maintenance of cash-recycling machines, giving PAPI access to a large, well-distributed retail footprint for hosting its ATMs. PAPI began deploying CRMs in 7-Eleven stores and started serving customers in most areas of the National Capital Region (NCR) on February 26, 2021, with an initial deployment of 11 ATMs. From that starting point the network grew rapidly. According to the company, over 3,700 CRMs have since been placed in 7-Eleven stores nationwide and in select Alfamart stores, making PAPI a significant operator of convenience-store-based ATMs in the Philippines. Beyond its own machine network, PAPI has acted as an ATM operator platform for other financial institutions. The company has highlighted the onboarding of CTBC, enabling free balance checks and withdrawals for customers. It also emphasizes security and compliance, stating that it has undergone PCI-DSS certification with a Qualified Security Assessor to ensure cardholder data is securely handled and processed, and it maintains a dedicated customer contact team and monitoring of its machines to ensure stability and availability. As a subsidiary of Seven Bank, PAPI forms part of the parent's international ATM expansion strategy. Its operations remain concentrated in the Philippines, where it continues to expand its cash-recycling machine footprint and serve retail customers through convenience-store-hosted ATMs.

• Pito AxM Platform, Inc. (PAPI) is incorporated as a fully owned subsidiary of Seven Bank, Ltd.

• PAPI enters into a strategic business alliance with Philippine Seven Corporation to support deployment, operation and maintenance of cash-recycling machines.

• PAPI begins serving customers in most areas of the National Capital Region with 11 ATMs deployed in 7-Eleven stores.

• PAPI onboards CTBC as an ATM operator partner for free balance checks and withdrawals.

• PAPI reports over 3,700 cash-recycling machines placed in 7-Eleven stores nationwide and select Alfamart stores.

Convenient, reliable and secure ATM services through cash-recycling machines placed in convenience retail locations, backed by PCI-DSS compliance and a dedicated customer contact team.

• Cash-Recycling Machines (CRMs)

  ATMs capable of cash withdrawal, balance inquiry and cash deposit, deployed mainly in 7-Eleven stores and select Alfamart stores.

• ATM services

  Balance inquiry, cash withdrawal and cash deposit services offered through PAPI's machine network.

1. 1Pito AxM Platform Inc. (PAPI) official websitepito-axm.com.ph
2. 2Pito AxM Platform - Wikidatawikidata.org