· 5 min read

Demand for ATMs Evolving and Growing

John Winchcombe
John Winchcombe · Editor
Demand for ATMs Evolving and Growing

However you want to cut it, NCR Atleos (Atleos) is big in all thing’s ATMs. Data as of 23 June 2023, used in its September 2023 investor day, showed that it had over 800,000 installed ATMs.

It has over 80,000 ATM locations that it itself owns and operates. It supports ATMs in over 140 countries and employs over 20,000 people around the world. It says it is number one in the world for retail surcharge-free networks, for providing multi-vendor ATM software applications and middleware and across over 30 countries for installed ATMs.

Atleos earns 22% of revenue from hardware, 9% from software, 40% from services and 29% from network transactions. It operates, therefore, across the whole spectrum of ATM provision and management. While 45% of its revenue is earned in the US, 30% comes from the Europe, Middle East and Africa region, 13% from Asia Pacific and 12% from the Americas other than the US. Atleos has, therefore, a good global perspective.

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