Mercator Note: Global ATM Functionality Overview

MAYNARD, Mass. - March 19, 2013 - PRLog -- Boston, MA – March 19, 2013 – Boston, MA – In new research, Global ATM Functionality Overview, Mercator Advisory Group reviews how ATMs are becoming banking hubs in many cash-centric markets throughout the world, as well as how their stature has been elevated by features outside traditional areas of simple cash withdrawal and deposits. This research note expands on material presented in the Mercator Advisory Group’s 2012 ATM Market Benchmark Report.

“As usage of ATMs grows — and in some markets explodes — throughout the world, banks and other financial institutions are expanding the role of the ATM as well. Institutions in many countries have already discovered the intrinsic value of self-service banking, with ATMs being a hub of activity for many transactions,” comments Ed O’Brien, director of Mercator Advisory Group’s Banking Channels Advisory Service and author of the report.

Highlights of this report include:

 - Concentration of ATM usage by country

 - Expectations for growth of ATM channel by world region  

 - Identification of advances in ATM development and extensions into new areas of functionality

This research note is eight pages long and has four exhibits.

Members of Mercator Advisory Group Banking Channels Advisory Service have access to this research note as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.

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About Mercator Advisory Group

Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com