|| Press Releases
Thursday, 24 February 2011
With small footprint and low total cost of ownership, new NCR SelfServ 16 is perfect for off-premise ATM deployments
Duluth, Ga. – The world’s leading ATM manufacturer and service provider, NCR Corporation (NYSE: NCR), today unveiled a new, compact ATM with the power and reliability of a larger machine, making it perfect for supermarkets, office complexes, convenience stores or other non-bank branch locations. NCR worked closely with Cardtronics – the world’s largest ATM owner/operator – to help shape the design and functionality of the NCR SelfServ 16 as the ideal off-premise ATM. Cardtronics already has purchased a significant number of NCR SelfServ 16 ATMs for deployment in various locations around the world.
“Our financial institution partners look to our ATM network to deliver convenience and service to the consumers they serve. We were pleased to work closely with NCR to help them design an ATM that is ideal for the off-premise market – with a great look and feel and enough power to handle significant transaction volumes, but can be deployed profitably,” said Mike Clinard, president of Global Services, Cardtronics.
At just 0.28 square-meters, the NCR SelfServ 16 is the smallest cash dispenser in the NCR SelfServ family. With components – such as security, cash cassettes, display and software – similar to larger NCR SelfServ models, the NCR SelfServ 16 performs at bank-grade levels, maximizing uptime and reliability and handling mid-to-high transaction volumes with low power consumption.
Over the years, the deployment of off-premise ATMs has increased steadily. Financial institutions are looking to extend their brands’ presence and provide service to their customers when and where they want to transact. Approximately half of all global ATMs are away from a bank branch, with 67 percent of U.S. ATMs found off-premise.
“Banks and credit unions are looking for cost-effective ways to extend their brand and meet their customer outside of the branch environment. The NCR SelfServ 16 is a perfect off-premise complement to a bank’s ATM network,” said Michael O’Laughlin, senior vice president, NCR Financial Services. “The NCR SelfServ 16 is designed to deliver profitable deployment in any business model. Whether a bank is looking to outsource its off-premise ATMs to ISOs or evaluate co-branding opportunities, the NCR SelfServ 16 is perfect for sites with transaction volumes with as few as 500 transactions per month.”
The NCR SelfServ 16 features the same consumer-friendly look and feel of NCR’s SelfServ 22e and its modular design helps make servicing easy. It features a 2,200 note cassette, the proven NCR spray dispenser, a 15” color TFT LCD display, and options for a touch screen and sunlight-readable display. Featuring the latest Intel Core processors, the NCR SelfServ 16 also reduces energy consumption versus older models.
Launched in 2008, NCR SelfServ ATMs have been purchased by more than 1,300 financial institutions in more than 130 countries around the world, making it the most successful ATM launch in the company’s history. NCR has led the world in ATM shipments for 24 consecutive years.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in Duluth, Georgia.
About Cardtronics, Inc.
Cardtronics (NASDAQ: CATM) is the world's largest non-bank owner of ATMs. The Company operates over 34,100 ATMs in the United States, the United Kingdom, Mexico, and the Caribbean, primarily with well-known retailers such as 7-Eleven®, Chevron®, Costco®, CVS®/pharmacy, ExxonMobil®, Hess®, Rite Aid®, Safeway®, Target®, and Walgreens®. Cardtronics also assists in the operation of over 2,900 ATMs under managed services contracts with customers such as Kroger®, Travelex®, and Circle K®. In addition to its retail ATM operations, the Company provides services to large and small banks, credit unions, and prepaid card issuers allowing them to place their brands on over 11,900 Cardtronics' ATMs and providing surcharge-free access through Cardtronics' Allpoint Network. For more information, visit www.cardtronics.com.