NCR Secures Largest Ever ATM Services Deal in China

NCR Corporation NCR today announced that it has secured its largest ever ATM services contract in China, as NCR continues to grow both its software and services businesses worldwide as well as its operations in emerging regions. NCR will provide hardware maintenance services for approximately 10,000 units of NCR-branded ATMs installed at the Agricultural Bank of China, helping drive higher ATM availability to improve the bank's customer satisfaction. The contract also is one of the largest services contract wins in the Chinese banking industry. ABC has the largest ATM network in China. By the end of 2010, ABC had 54,510 cash related self-service banking facilities, which was the top among large commercial banks, with an annual total transaction volume of RMB4.80 trillion. In 2010, ABC installed the new version of self-service terminals for 30 branches, providing nearly 60 types of services, including inquiry, fund transfer, financial management and loans to Huinong Cards holders. The security of self-service terminals and the ability to provide financial service and management support were significantly improved. The signing of the service contract with NCR is one of the initiatives to further improve its ATM network performance.