The deployment of automated teller machines (ATMs) has peaked of late, and stands a shade under 260,000 units after a lull, post-demonetisation. But operational costs continue to affect deployment with the interchange being a sticking point. Navroze Dastur, regional vice-president (Asia Pacific) and managing director (India) of NCR Corporation, the world’s largest manufacturer of ATMs, spoke with Raghu Mohan on issues facing the industry. Edited excerpts:
There was not much by way of ATM deployment during the past five years, But of late, they have picked up. How do you view the plot at this point in time?
We have close to about 258,000 ATMs, and are seeing an uptick in deployment. It’s largely coming from white-label deployers and a