Top global ATM maker sees huge cash-in opportunity in demonetization
Global leader in ATM and PoS machines Diebold Nixdorf expects its business to boom with the push for a cashless economy in India amid the ongoing demonetization drive.
The company, which has just completed integration following the buyout of Nixdorf, now manages a little over 1,05,000 ATMs out of the total 2,04,000 and close to 28,000 PoS machines in the country.
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It also has global software development centre in Mumbai and managed services facility in Mumbai and Hyderabad.
Its rival NCR Corp has been pushed down to the second slot with a little over 1 lakh cash dispensers in India.
The Diebold-Wincor Nixdorf merger was globally completed in August. The combined entity is present in over 130 countries. Wincor was a provider of IT solutions and services to retail banks and the retail industry.
