Wincor Nixdorf is now the second biggest provider of cash machines in the Asia-Pacific region, according to a study by Retail Banking Research (RBR).
The study said that Wincor had moved up to second biggest provider from the position of fourth that it held in 2011.
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Karsten Kemna, regional vice president for Wincor in Asia Pacific, said: "Our improved market position demonstrates that banks in Asia Pacific have confidence in the reliability of the technology, developed according to German design principles, and recognize Wincor Nixdorf as an innovation leader."
In terms of number of cash machines installed in the region, Wincor now sits between US giant NCR, in first place and Diebold in third.
Kemna went on to say: "In today’s landscape, where a changing customer behaviour is paired with an increasingly dynamic financial services sector, banks have to follow end customer demands who are more and more using multiple channels to bank and transact, and the self-service channel is one of the most important touch points for the banks to achieve such a task.
"Part of this is offering innovative transactions like cash deposits, statement printing, bill payment and other transaction services on a 24 / 7 basis.
"Wincor Nixdorf is no doubt one of the recognized leaders for this type of self-service technology."
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