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Interchange of Rs 15 makes ATM channel unviable: NCR India's Navroze Dastur

NCR Corporation, the world's largest vendor of ATMs, has over 50 per cent share of the local market, but business could be better, says NAVROZE DASTUR

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NAVROZE DASTUR, Managing director, NCR India

5 min read Last Updated : Dec 21 2020 | 6:10 AM IST

Deployers of automated teller machines (ATMs) are burdened by the challenges posed by digital modes of payments, high operating and compliance costs. NCR Corporation, the world’s largest vendor of ATMs, has over 50 per cent share of the local market, but business could be better, says NAVROZE DASTUR, managing director, NCR India, in an interview with Raghu Mohan. Edited excerpts:

The number of deployed ATMs has plateaued at around 235,000 over the past few years. As a vendor, how do you view this situation?

We saw exponential growth in ATMs during 2013-14. Most of these ATMs have reached the end

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