It is reported that as early as 20 19, the total amount of mobile payment transactions in China has reached 2 12 trillion yuan. It can be seen that the huge mobile payment system also reflects the "desolation" of the current cash payment method. The present situation of ATM machines, which mainly deposit and withdraw money, is even more bleak. Many people blame this result on the popularity of mobile payment, but in fact this is not a transformation.
The number of ATMs decreased, and the manufacturers suffered heavy losses.
According to the survey data, since 1987 ATM was introduced to China, it has been favored by major banks because of its convenience and time saving. With the rapid growth of demand, China has become one of the largest ATM consumer markets in the world.
The good times don't last long, and it's getting harder and harder in recent years. According to public data, by the end of the second quarter of 2020, the current number of ATMs in China is10.05 million, a decrease of 30,900 from the first quarter; At present, the number of ATMs per 10,000 people in China decreased by 2.85% month-on-month. In half a year, the number of ATMs in China has decreased by more than 40,000.
There is a trend that the number of ATMs has been greatly reduced, and its manufacturers have undoubtedly suffered the most. Virgin Creative, Guangdian Express and New Chase, the former three giants of ATM machines, are now facing the tragic loss. Taking Guangzhou Yuyin Technology Co., Ltd., another ATM manufacturer, as an example, its operating income from 20 17 to 20 19 decreased by 26. 10%, 30.8 1% and 45.72% respectively, and the downward trend showed an upward trend.
Transformation is the only way.
The emergence of mobile payment really makes cash payment no longer popular, which directly affects the role of ATM machines. But just like the antagonistic relationship between e-commerce and physical stores, physical stores must be transformed if they want to survive for a long time, and ATM machines must also be transformed.
It is a fact that cash payment is no longer popular, but it does not mean that the role of cash will be completely replaced and will disappear completely, so the corresponding ATM machines will naturally not disappear completely. In recent years, banks dealing with cash business have also undergone a variety of intelligent transformations, including intelligent counters and online banking, to meet people's needs.
Therefore, if the traditional ATM wants to survive, it must take the road of transformation, and must cooperate with the transformation of light and intelligent banking institutions to transform the traditional ATM. It is reported that ATM machines in some areas have realized card-free cash access business, which is a way for ATM to meet people's needs and adapt to modernization.