Bank of China signs $36M deal with NCR

Bank of China signs $36M deal with NCR
Tags: Bank / Credit Union, Manufacturers, NCR Financial Solutions
January 12, 2004

BEIJING - NCR Corporation (NYSE: NCR) has signed a contract worth $36 million with the Bank of China, the majority of the bank's financial self-service expenditure for 2003.

According to a news release, NCR will provide the bank with Personas ATMs with enhanced security features including encrypting PIN pads (EPPs). NCR will also provide maintenance services.

The Personas ATMs provided to Bank of China are all produced in NCR's joint-venture manufacturing facility in Beijing.

A portion of the ATMs have specially designed cash-deposit functions. According to the release, such cash-deposit terminals are becoming more popular in China.