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NCR Atleos’ Cashzone Network Expands into Italy, Enabling Convenient Access to Cash

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NCR Atleos (NYSE: NATL), the world's largest independent ATM operator, has announced the expansion of its Cashzone ATM network into Italy, marking its thirteenth country of operation. The expansion aims to provide convenient cash access for both residents and tourists in this cash-dependent country.

The network will be deployed across premier retail locations throughout Italy, offering multiple benefits: consumers gain easy access to cash, retailers benefit from increased foot traffic and new revenue streams, and banks can extend their reach without investing in physical branches. This initiative represents the growing momentum of utility ATM networks, enabling more profitable and engaging customer experiences.

NCR Atleos (NYSE: NATL), il più grande operatore indipendente di sportelli automatici al mondo, ha annunciato l'espansione della sua rete di sportelli automatici Cashzone in Italia, segnando il tredicesimo paese in cui opera. L'espansione mira a fornire un accesso facile al contante sia per i residenti che per i turisti in questo paese che fa ampio uso di contante.

La rete sarà distribuita in punti vendita di primo piano in tutta Italia, offrendo molteplici vantaggi: i consumatori avranno un facile accesso al contante, i rivenditori beneficeranno di un aumento del traffico pedonale e di nuovi flussi di entrate, e le banche potranno estendere la loro portata senza dover investire in filiali fisiche. Questa iniziativa rappresenta il crescente slancio delle reti di sportelli automatici utilitari, consentendo esperienze di clientela più profittevoli e coinvolgenti.

NCR Atleos (NYSE: NATL), el mayor operador independiente de cajeros automáticos en el mundo, ha anunciado la expansión de su red de cajeros automáticos Cashzone en Italia, marcando su decimotercer país de operación. La expansión tiene como objetivo proporcionar acceso conveniente al efectivo tanto para residentes como para turistas en este país que depende en gran medida del efectivo.

La red se desplegará en ubicaciones comerciales de primer nivel en toda Italia, ofreciendo múltiples beneficios: los consumidores obtienen acceso fácil al efectivo, los minoristas se benefician del aumento del tráfico peatonal y nuevas fuentes de ingresos, y los bancos pueden ampliar su alcance sin invertir en sucursales físicas. Esta iniciativa representa el creciente impulso de las redes de cajeros automáticos de utilidad, permitiendo experiencias de cliente más rentables y atractivas.

NCR Atleos (NYSE: NATL)는 세계 최대의 독립 ATM 운영자로서 이탈리아에 Cashzone ATM 네트워크를 확장한다고 발표했습니다. 이는 운영하는 13번째 국가로 기록됩니다. 이번 확장은 현금을 많이 사용하는 이 나라의 주민과 관광객 모두에게 편리한 현금 접근을 제공하는 것을 목표로 하고 있습니다.

이 네트워크는 이탈리아 전역의 주요 소매 위치에서 설치될 예정이며, 여러 가지 이점을 제공합니다: 소비자는 쉽게 현금에 접근할 수 있고, 소매업체는 고객 유입 증가와 새로운 수익원 혜택을 누리며, 은행은 물리적 지점에 투자하지 않고도 고객 기반을 확장할 수 있습니다. 이 이니셔티브는 유틸리티 ATM 네트워크의 증가하는 모멘텀을 나타내며, 더 수익성이 높고 참여를 유도하는 고객 경험을 가능하게 합니다.

NCR Atleos (NYSE: NATL), le plus grand opérateur indépendant de distributeurs automatiques de billets au monde, a annoncé l'expansion de son réseau de DAB Cashzone en Italie, marquant ainsi son treizième pays d'opération. L'expansion vise à fournir un accès facile à des liquidités tant pour les résidents que pour les touristes dans ce pays où l'argent liquide est largement utilisé.

Le réseau sera déployé dans des points de vente de premier plan à travers l'Italie, offrant de nombreux avantages : les consommateurs auront un accès aisé aux liquidités, les détaillants bénéficieront d'une augmentation du trafic piéton et de nouvelles sources de revenus, et les banques pourront étendre leur portée sans investir dans des agences physiques. Cette initiative représente l'élan croissant des réseaux de DAB utilitaires, permettant des expériences client plus rentables et engageantes.

NCR Atleos (NYSE: NATL), der weltweit größte unabhängige Betreiber von Geldautomaten, hat die Expansion seines Cashzone ATM-Netzwerks nach Italien angekündigt, was das dreizehnte Land seines Betriebs markiert. Die Expansion zielt darauf ab, sowohl den Einwohnern als auch den Touristen im stark barcashabhängigen Land einen bequemen Zugang zu Bargeld zu ermöglichen.

Das Netzwerk wird an erstklassigen Verkaufsstandorten in ganz Italien eingerichtet, was mehrere Vorteile mit sich bringt: Verbraucher haben einfachen Zugang zu Bargeld, Einzelhändler profitieren von einem erhöhten Fußverkehr und neuen Einnahmequellen, und Banken können ihre Reichweite erweitern, ohne in physische Filialen investieren zu müssen. Diese Initiative steht für den wachsenden Schwung der Utility-ATM-Netzwerke, die profitablere und ansprechendere Kundenerlebnisse ermöglichen.

Positive
  • Expansion into 13th country market
  • Strategic entry into cash-dependent Italian market
  • Creation of new revenue streams through retail partnerships
  • Extension of bank services without capital expenditure
Negative
  • None.

Insights

The expansion of Atleos' Cashzone network into Italy marks a significant strategic advancement for the world's largest independent ATM operator. This move is particularly well-calculated given Italy's strong cash culture and substantial tourism sector, which creates dual revenue streams from both local and international users.

The timing of this expansion is especially strategic considering several market factors:

  • Italy maintains one of the highest cash usage rates in Western Europe, with approximately 82% of point-of-sale transactions still conducted in cash
  • The country's traditional banking infrastructure has been experiencing branch consolidation, creating opportunities for alternative cash access points
  • Tourism, a key driver for ATM transactions, has rebounded strongly post-pandemic, with Italy receiving over 50 million international visitors annually

From a business model perspective, this expansion leverages three distinct revenue streams: transaction fees from consumers, location rental fees from retailers and potential partnership revenues from banks seeking to maintain customer service without branch overhead. The model's efficiency lies in its ability to generate revenue from both sides of the transaction - the cash withdrawal and the merchant placement.

For investors, this expansion represents a calculated growth initiative that could meaningfully impact Atleos' European revenue base. The Italian market's size and cash-centric nature suggest significant transaction volume potential, while the established Cashzone brand brings operational expertise and economies of scale. Additionally, the network's positioning in premium retail locations indicates a focus on high-traffic, high-transaction areas that typically generate superior returns on invested capital.

ATLANTA--(BUSINESS WIRE)-- NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing easy access to cash for both residents and tourists. Atleos is the world’s largest independent ATM operator. This marks the thirteenth country worldwide in which Atleos has an ATM network presence.

Italy is a cash-dependent country. With the deployment of this new ATM network, consumers will be able to withdraw cash at premier retail locations across the country. While consumers benefit from the convenience of the network, retailers gain value from the additional foot traffic and new revenue opportunities. Plus, banks can extend their reach and better serve customers without the burdensome capital expenditure of a new physical branch.

“Cash is a common everyday way to pay in Italy, as well as a significant convenience for visitors,” explained Diego Navarrete, executive vice president, Global Sales for Atleos. “With the implementation of this ATM network in Italy, consumers can self-serve with simplicity and ease and retailers can create more profitable, engaging customer experiences. This is another example of the growing momentum of utility ATM networks.”

About Atleos

Atleos (NYSE: NATL) is a leader in expanding self-service financial access, with industry-leading ATM expertise and experience, unrivalled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation. Atleos improves operational efficiency for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers. Atleos is headquartered in Atlanta, Georgia, with approximately 20,000 employees globally.

Web site: https://www.ncratleos.com
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Facebook: https://www.facebook.com/Atleos.NCR/
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Scott Sykes

NCR Atleos

scott.sykes@ncratleos.com

Source: NCR Atleos Corporation

FAQ

What is the significance of NCR Atleos' (NATL) expansion into Italy?

The expansion marks Atleos' entry into its thirteenth country market, providing ATM services in a cash-dependent economy while creating revenue opportunities for retailers and extending bank services without additional infrastructure costs.

How will retailers benefit from NCR Atleos' (NATL) Cashzone network in Italy?

Retailers will benefit from increased foot traffic and new revenue opportunities through hosting Cashzone ATMs at their locations.

What advantages does the Cashzone network offer to banks in Italy?

Banks can extend their reach and better serve customers without the capital expenditure required for new physical branches.

How many countries does NCR Atleos (NATL) now operate its ATM network in?

With the expansion into Italy, NCR Atleos now operates its ATM network in thirteen countries worldwide.
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