TecBan expects ATM network to have more than 13,200 machines at year-end

- Thursday, April 7, 2011

TecBan expects ATM network to have more than 13,200 machines at year-end

Brazilian company TecBan expects to close this year with more than 13,200 machines in its Banco24Horas ATM network, the company said in a press release.

TecBan increased its number of ATMs to 10,200 at the end of last year, from 7,300 at end-2009.

The Banco24Horas network was used by some 100mn clients in 2010 from the 40 financial institutions that are members of the network.

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The network processed 613mn transactions last year, up 35% on 2009.