China Post, GRG sign ATM deal

China Post, GRG sign ATM deal
Tags: Bank / Credit Union, Debit / Credit, EMV, GRG Banking Equipment Co., Ltd
June 22, 2006

GUANGZHOU, China - China Post, China's largest postal service provider, signed a deal with GRG Banking Equipment Co. Ltd. for 500 through-the-wall ATMs.

"Customers are looking for the right, cost-effective and tailor-made solution to serve their customers in a better term. As a solution specialist, we would very much love to help our customers complete the mission," Mark Yip, general manager of GRG Banking, said.

In China, the ATM density is 61 machines per million people.