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More and more companies rely on ATMs for their business. Automated Teller Machines (ATMs) have revolutionized the financial industry, providing customers with convenient access to cash. In this article, we highlight the top global ATM manufacturers and companies, who are leading the industry through technological advancements and innovative features. We also explore the potential profitability of the ATM machine business and the expected growth of the market over the next five years. Additionally, we provide key steps to ensure that your ATM investment is protected during transit.

Who is the largest ATM manufacturer?

According to IMARC Services, Here’s the list of top ATM manufacturers and companies in the world.

Diebold Nixdorf, Inc.

Diebold Nixdorf, Inc. is a leading ATM manufacturer that provides financial self-service, security, and services solutions. It was formed by the merger of Diebold and Wincor Nixdorf in 2016 and is headquartered in North Canton, Ohio.

NCR Corporation

NCR Corporation is another leading global ATM manufacturer that offers financial, retail, and hospitality solutions. It was founded in 1884 and is headquartered in Atlanta, Georgia.

Triton Systems of Delaware LLC

Triton Systems of Delaware LLC is a provider of off-premise ATM solutions for financial institutions and retailers. It was founded in 1979 and is headquartered in Long Beach, Mississippi.

Hitachi Channel Solutions Corp

Hitachi Channel Solutions Corp is a leading provider of financial self-service systems, including ATMs, cash recycling systems, and other related solutions. It is a joint venture between Hitachi, Ltd. and Omron Corporation and is headquartered in Tokyo, Japan.

GRGBanking Equipment Co. Ltd.

GRGBanking Equipment Co. Ltd. is a provider of intelligent equipment and solutions, including ATMs, cash recyclers, and related software. It was founded in 1999 and is headquartered in Guangzhou, China.

Overview of the ATM Machine Market

In 2022, the size of the global ATM market was $22.2 billion USD. Using credit or debit cards, automated teller machines (ATMs) enable simple financial transactions. They include a card reader, keyboard, cash register, printer, and display screen that informs the user of the account balance and pertinent instructions. They manage finances and carry out a number of operations, including cash withdrawal, deposit, and fund transfers. The use of ATMs as a rapid, practical, and self-serving alternative to traditional bank tellers for efficient financial transactions has skyrocketed in recent years.

According to IMARC Group's report, the leading ATM manufacturers are concentrating on giving technologically advanced ATMs an additional layer of protection. In order to stop fraudulent transactions, they are incorporating biometric authentication, fingerprint sensors, and one-time password (OTP) services into ATMs. They are also introducing talkative, intelligent ATMs for people with disabilities. In addition, due to the current coronavirus illness (COVID-19) outbreak, a number of major players are adopting contactless ATM kiosks, which allow users to withdraw cash in a risk-free and secure manner by scanning a QR code on the screen without touching the interface. Additionally, the market is growing as a result of recent technical developments such the incorporation of internet of things (IoT) data analysis, digital convergence, and biometrics.

Is ATM Machine Business Profitable?

The normal price for using an ATM is between $2 and $3. This is how businesses mostly profit from these devices.

Some business owners look for other methods to use ATMs to earn money, even while firms can profit from the fees. One of the most popular strategies is to display adverts on ATMs.

Businesses of the following categories typically have ATMs on-site:

  • Restaurants that only accept cash
  • Bars
  • Gas stations
  • Convenience stores
  • Grocery stores

A positive market outlook is also expected to result from other factors, such as the creation of innovative ATMs equipped with cutting-edge features like Dynamic Currency Conversion (DCC), which enables easy currency conversion for travelers from abroad, and the rising popularity of mobile ATMs. Looking ahead, IMARC Group projects that the market will increase at a 5% compound annual growth rate (CAGR) from 2023 to 2028, reaching US$ 29.6 billion.

Protect Your Property - ATM Packaging Instructions

As a business owner or financial institution, you understand the importance of having reliable and secure automated teller machines (ATMs) for your customers. However, before an ATM can start dispensing cash, it must first be shipped and installed. This process can be complicated and risky if not done correctly.

By chance, Impact Indicator 2 got to know the ATM manufacturing factory from Vietnam who had an issue with damaged delivery. After several meetings with the shipping company and the factory, as well as our delivery study, they follow the suggestions for transportation and installation below.

ATM Shipping: How to Protect Your Investment

The first step in ensuring your ATM arrives at its destination in pristine condition is to properly package it for shipping. Here are some key steps to follow:

1. Choose the Right Packaging

The first step in shipping your ATM is choosing the right packaging. This will help protect your machine from damage during transport. Your ATM manufacturer should provide you with detailed packaging instructions that will ensure that your machine is adequately secured. Make sure you follow these instructions carefully, as they are specific to your particular machine model.

  • ATM must always be transported on a pallet.
  • A palette should be fastened to an ATM.
  • ATM should be wrapped in a sturdy container, bubble wrap, and opaque stretch film.
  • Always use plywood to cover delicate ATM components.
  • Use FRAGILE and DO NOT STACK stickers at all times.
  • Shock / Tilt indicator should be used.

Special Considerations for ATM Shipping

Shipping an ATM has particular issues, such as theft, tampering, and damage. As a result, it is critical that automatic teller machines are delivered in fully enclosed containers with adequate buffer to protect the unit from harm.

2. Use Shipping Monitor Indicators

Another crucial step in shipping your ATM is to use shipping monitor indicators, such as Impact Indicator 2. These devices are designed to detect any shocks that may occur during transport. They provide a visual indication of any impact that your machine may have experienced, allowing you to take appropriate action if necessary. It is an effective way to prevent shipping damage, as it allows you to monitor your ATM's condition during transport.

ATM Mounting: How to Securely Install Your ATM

Once your ATM has arrived at its destination, it's time to install it securely. Here are some tips to keep in mind:

Package Inspection

When a box is delivered, the first thing you should do is inspect it for any damage or improper handling while the delivery person is still present. Since the delivery personnel typically leave after a short while, be prepared to do the inspection right away. Record on the Bill of Lading for any kind of damage in case the ATM inside happens to be damaged.

Some boxes will come with a tilt/drop indicator. Check if it indicates that the package was tipped/dropped. ATM is still damaged from a drop or tilt even though there are no large impacts on the box.

Do not reject the shipment if you notice any of the damage indicators mentioned above. It is not necessarily a sign that the ATM is defective or that you should send it back to the maker; rather, it may be proof that the carrier may be to blame for any damage to the ATM.

Deliverer Is Still Present:

Tell the delivery person about these damages, and be sure to mark them on the delivery receipt or bill of lading (BOL). Send a representative from Prineta a few photos of the damage to the box or tilt indicator as soon as possible.

Delivery Person Has Left:

If the package has been broken, do not unbox the ATM. The carrier will need to inspect you right away. Keep it in its original packaging until the shipping company can inspect it.

Unboxing

When unboxing the ATM, do not immediately discard the packaging materials. It’s a good idea to save all the packaging material for a week or two. If there are any problems with the ATM it can be shipped back to the manufacturer using the original packaging.

Exterior & Interior Inspection

Examine the top of the ATM to determine if there are any noticeable damages or loose parts. Unlock the plastic door that covers the safe's lock with the key. Open the safe and inspect the dispenser and cash cassette inside to ensure everything is in working order.

Test Drive

Make an attempt to withdraw money from an ATM. After you've completed your first test transaction and verified that everything is in working order, it's time to install the ATM.

Protect Your Investment: The Power of Impact Indicator 2

If you notice, drop/tilt indicators acts a crucial role to protect ATMs. Despite your best efforts, accidents can still happen during shipping. That's why it's important to have a reliable tool to help you detect and prevent potential damage.

If an ATM is broken during transit, it can lead to several negative consequences. First and foremost, it can result in a loss of revenue for the ATM owner as the machine may not be operational, leading to a decrease in transaction volume. Additionally, repairing or replacing the ATM can be expensive, and the cost may not be covered by insurance if it is deemed that proper precautions were not taken during transit.

Moreover, a broken ATM can cause inconvenience and frustration for customers who rely on it for their banking needs. This can lead to a negative impact on the reputation of the ATM owner and may result in a loss of customers.

What is Impact Indicator 2?

Impact Indicator 2 is so visible that handlers can notice it and properly care for the items, just like with white glove delivery. Because most forwarding agents around the world are familiar with monitoring indicators, they understand how to use them with extreme caution. They've essentially established the following standard operating procedure.

(1) Before moving or handling the shipment, ensure that the Impact Indicator 2 is turned off and take a photo as proof. They could avoid taking responsibility for the actions of others and making false accusations.

(2) Once they start handling the goods, they will use extreme caution because they are aware that the shipment is being monitored and that mishandling is unacceptable. Handlers are deterred visually by the Impact Indicator.

(3) Because indicators cannot be reset and are tamperproof, the handler must make a notation, note the date/time, and sign the document after a shock occurs.

What’s Next?

Using proper ATM packaging instructions and enclosures is critical to prevent any damage during the shipping process. In addition, the use of shipping monitor indicators, including shock and tilt, is extremely important to ensure that ATMs are handled with care during transit.

To protect ATMs investment without any damage, monitor your property now! Not only you but also Next ATM and Prineta use shipping indicators to monitor shipments.

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