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REPORT: China's ATM market has great potential for growth

March 19, 2009

BEIJING — According to a new report from ResearchInChina, China still has a long way to go to catch up with other nations in its number of installed ATMs per capita. When compared with countries such as Germany, the United States and South Korea, China has a great potential for growth. The regional distribution of ATM in China is uneven, with the countries 18 cities and regions, including Guangdong Province (excluding Shenzhen), Shanghai, Beijing, Zhejiang Province, Shenzhen and Tianjin, together having a total of 61,200 ATMs. And foreign-made ATMs still dominate the Chinese market. China's primary ATM suppliers continue to be NCR Corp., Diebold Inc., Wincor Nixdorf AG, Hitachi, Fujitsu and Nautilus Hyosung.
 
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