STRATEGIC PARTNERS
September 5, 2002
LONDON -- NCR Corporation (NYSE: NCR) says it has signed a new $14 million hardware and software deal with China Construction Bank (CCB), following an earlier $14.4 million deal with the bank inked in July.
As part of the new agreement, CCB will deploy NCR's Personas 74, Personas 75, Personas 84 and Personas 86 ATMs across China.
With the ability to provide services including cash dispensing, check cashing, bill payment, account inquiries, passbook/document printing and e-commerce, the new Personas ATMs can meet the needs of CCB's rapid development plan, according to a news release. The ATMs to be deployed at a number of CCB's branches are equipped with NCR's APTRA software suite, which is based on the Microsoft Windows NT platform.
NCR rival Diebold also announced two deals with CCB, signed in September and July, valued at roughly the same amount.
CCB, which operates 13,000 branches throughout Greater China, recently began charging an inter-bank service fee to its customers if they withdraw cash through other banks' ATMs in Beijing. (See related story China Construction Bank adds user fee to ATMs)
