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NCR expands ATM network to Portugal | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

NCR expands ATM network to Portugal

NCR Corporation expands its Cashzone ATM network into Portugal, providing convenient cash access to tourists and locals alike.

Facts

  • NCR Corporation, a leading enterprise technology provider, successfully extends its ATM network under the Cashzone brand to Portugal.
  • Over 100 Cashzone-branded ATMs are now operational in Portugal, catering to consumers and tourists seeking cash.
  • NCR’s Cashzone brand is present in various countries including the UK, Spain, Germany, Ireland, and now Portugal.
  • The expansion is motivated by Portugal’s high cash usage, branch consolidation, and active tourism market.
  • The ATMs are strategically placed in popular regions like the south of Portugal and Lisbon, with plans for further expansion.
  • Trusted retail locations like convenience stores, supermarkets, and shopping centers host these ATMs.
  • Stuart Mackinnon, EVP of ATM Group, NCR Banking, notes the demand for cash access, especially among tourists, and the opportunity for retailers to enhance services.

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