Esprit targets Chinese ATM market
July 30, 2007
Finextra:Esprit Financial Group has signed a deal with Hong Kong-based Money Check International Ltd. to deploy ATMs in China on a Joint Venture basis. The parties expect to develop a joint venture to deploy ATMs in mainland China. Current estimates suggest China has roughly 10,000 ATMs, and industry forecasts suggest that number will grow to 1 million over the next five to seven years.