National IAD Study Australia

This study finds the Australian retail ATM market under pressure from shrinking GDP, the digital banking transformation and the shift to contactless “tap and go” technologies. However, this expert analysis, edited by award-winning Upshot Advisors consultancy, identifies new opportunities which still exist for Independent ATM Deployers, especially in the area of outsourcing of bank off-premise ATMs.

“ATMIA has been active in the Australian market for over fifteen years and this new, affordably priced, industry research report paints a complex picture of an evolving market that still has lots of life in it,” commented Mike Lee, CEO of ATMIA. “The country’s retail sector accounts for $320 billion per year in sales and it will be interesting to see how ATMs continue to play a vital role as many stores and bank branches close on the high street. The ATM can continue to be a dynamic phygital hub for years and years to come, linking the digital and the access to cash in one machine.”