NCR to purchase Cardtronics in a bid to boost its payments strategy

NCR is to buy Cardtronics in a substantial deal that has been valued in the region of $2.5 billion. The move is aimed at cultivating NCR’s vision of becoming more of an as-a-service business and ramp up its non-hardware related revenue, which includes point of sale terminals.

The acquisition of Cardtronics looks to be a good fit for NCR’s strategy as the former specializes in retail-focused surcharge-free ATMs. The latter thinks that it can gain a stronger foothold in the payments sector by developing on Cardtronic’s Allpoint successful retail network.



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NCR to purchase Cardtronics in a bid to boost its payments strategy

by govindparmar time to read: 1 min
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