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The number of Chinese Internet ATM machines Market

Edit:Longtop Technology (HK) LimitedUpDate:Aug 24, 2018

In 2016, the pace of innovation, transformation and upgrading of China's banking industry was further accelerated, the overall business situation of the industry was stable, the ATM market continued to maintain stable development, and the market pattern changed significantly. At the same time, the trend of localization and intellectualization is becoming more and more obvious, the construction speed of intelligent bank is further accelerated, the industry structure and product structure are further adjusted and optimized, all kinds of intelligent new self-service equipment are constantly emerging, which provides technical support for the construction of intelligent bank.

According to the People's Bank of China's "General Situation of Payment System Operation in the Fourth Quarter of 2016", by the end of 2016, the number of networked ATMs in China had reached 924,200, an increase of 57,500, or 6.63%, compared with 866,700 at the end of 2015.