NCR secures ATM deal with Chinese outsourcer

NCR

Secured deal in China

Global technology company NCR Corporation has won a new ATM order of more than 500 units from ATMU (China) Technology Co. Ltd, the largest ATM cooperation operator and service provider in China.

The order includes NCR SelfServ(TM) ATMs with cash dispense, deposit and cash recycling functions, which will help ATMU’s bank customers, especially small-to-medium sized banks, to deliver a better customer experience. Since 2008, NCR has won volume ATM orders from ATMU totaling more than 9,200 units.

ATMU owns and operates its ATM network through a profit-sharing model with cooperated banks. This cooperation model allows banks, especially small-to-medium sized banks in China, to avoid making separate investments in dedicated ATM fleets.

“ATMU is an innovator in providing an alternative option to banks’ ATM investments. We value our growing relationship with ATMU in broadening NCR SelfServ ATMs to the 2(nd) to 3(rd) tiered market in China, jointly making their bank customers and end consumers’ everyday lives easier,” said Gary Miao, president of Financial Services, NCR Greater China. “NCR will continue to expand our sales channel in China by working with different partners.”

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