BEIJING--(BUSINESS WIRE)--Global technology company NCR Corporation (NYSE: NCR) has won a new automated teller machine (ATM) order of more than 500 units from ATMU (China) Technology Co. Ltd (“ATMU”), the largest ATM cooperation operator and service provider in China. The order includes NCR SelfServTM 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.
“NCR will continue to expand our sales channel in China by working with different partners.”
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.
The purchase features NCR SelfServ 25 with cash dispensing function and SelfServ 35 with cash deposit and recycling function. With compact footprint and slim line interfaces, both models are through-the-wall and vestibule outdoor ATMs, which are designed to deal with extreme weather experienced in China. The SelfServ 35 can handle a high volume of cash and has a large recycling capability to maximize financial service providers’ return on investment.
ATMU’s key challenges are to protect its ATM investment by ensuring its ATM network is highly available, secure and easy-to-use for consumers, and that its business processes are streamlined and efficient. According to ATMU, NCR SelfServ ATMs help drive deposit and revenue growth by delivering broad range of transactions and ensuring higher availability to consumers. This differentiated capability will drive loyalty among customers and help ATMU grow its business.
The unique self-healing technology in NCR SelfServ ATM addresses the key need of availability for ATMU. The NCR SelfServ ATM recovers automatically and quickly from “soft” failures with no need for service intervention, reducing average recovery time from two or three hours to 15 minutes. NCR SelfServ ATMs also feature advanced management functions, delivering banks more data about ATM locations, configurations and activity levels for each ATM. It enables ATMU to make more accurate and timely management decisions.
“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 2nd to 3rd 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.”
About ATMU (China) Technology Co. LTD
ATMU (China) Technology Co. Ltd is the largest ATM cooperation operator in China, and one of the largest ATM outsourcing providers, ATM maintenance providers and ATM media service providers in China. It owns an excellent ATM professional services team and runs a state-of-the-art ATM outsourcing management platform. ATMU has established operational maintenance service centres nationwide in 29 provinces and cities and employ about 1,000 staff.
Financial service outsourcing is the company's core business, which includes ATM operation, outsourcing management, maintenance, media and software development, self-service banking design and planning, e-payment system development and operation. The network of the company reaches to the whole country. Benefited from both the rich experience as an industrial leader and the creative business model, ATMU has established solid cooperative relations with numbers of commercial banks; it has also formed close strategic partnership with well-known international manufacturers of this industry.
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 300 million transactions daily across the retail, financial, travel, hospitality, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Georgia with over 26,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.