Multivendor ATM Software Market by Type (Single Function, Bill Payment, Card Payment, Check Dispenser, Check Deposit, and Passbook Printer) and Component (Software and Service)
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Multivendor ATM software delivers best-in-class, multifunction ATMs to financial institutions across the world. This software allows the user to access various services of ATM at one point, provides convenience, and help to reduce the cost of development.
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Rise in demand for self-service ATM software in various financial sectors boosts the growth of the global multivendor ATM software market growth. Furthermore, enhanced customer service offered by interactive kiosks fuels the market growth.
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However, high installation cost of ATMs is hinders the growth of the market. Introduction of NFC-based contactless payments in banking sectors is expected to strengthen the market share of key players operating in the industry.
Multivendor ATM software market is segmented on the basis of type, component, and geography. By type, the market is divided into single function, bill payment, card payment, check dispenser, check deposit, and passbook printer.
Based on component, it is bifurcated into software and services. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
NCR, KAL, Wincor Nixdorf, Shenzen Zijin, Auriga, Printec Group, Clydestone, Voicecom, Nusource Financial LLC, and Newtell Solution are some of the leading key players of global multivendor ATM software market.
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