Payments

Global ATM market to reach $29.3B by 2026, report says

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June 3, 2021

The global ATM market will reach a market value of $29.3 billion by 2026, according to a report by ResearchandMarkets. Key factors driving the market include an improving tourism industry and advanced features such as biometric authentication, talking ATMs and one-time-password services.

ATMs help handle a number of issues such as reducing the workload for bank tellers and helping consumers skip lines to deposit or transfer cash.