News

NCR intros 1st ATM designed exclusively for Indian market

December 7, 2003

MUMBAI, India - NCR Corporation (NYSE: NCR) has launched the EasyPoint™ 57i (ASAN), the first-ever automated teller machine (ATM) conceived and designed specifically for the Indian market.

According to a news release, ASAN is based on technology designed to meet Indian infrastructural challenges.

For example, ASAN's so-called NCR Intelligent Power Management (NIPM) system, with an integrated UPS, ensures that in case of power failure the ATM completes the ongoing transaction before shutting down, a useful application for areas with frequent and sudden power outages. NIPM can also help the ATM to be automatically switched off or on at pre-decided times every night and morning if located at sites that do not require 24-hour availability.

ASAN supports wireless connectivity through GPRS and CDMA communication technologies for areas with poor conventional telecommunications connectivity. Its balanced pressure system and enhanced dust filtration mechanism facilitates deployment in non-air-conditioned environments.

ASAN design is based partly upon consumer-research-based design inputs from the Industrial Design Center at the Indian Institute of Technology in Mumbai (IIT-B). Several leading banks have conducted live pilots with the machine, according to the release.

Keith Taylor, senior vice president of NCR's Financial Solutions Division, said, "For us, (ASAN) is yet another manifestation of our ongoing commitment to India in line with our investments in the manufacturing facility and the ATM Management Center."

"ASAN enables banks to extend self-service banking to the mass populace without incurring huge capital or operational costs," said Deepak Chandnani, managing director of NCR's Financial Solutions Division in India.