Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market Report 2026

Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market Overview

• Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) market size has reached to $3.02 billion in 2025 • Expected to grow to $5.78 billion in 2030 at a compound annual growth rate (CAGR) of 13.8% • Growth Driver: Rising Demand For Contactless Transactions Fueling The Growth Of The Market Due To Increasing Preference For Speed, Hygiene, And Digital Convenience • Market Trend: Enhancing ATM Experience Through Contactless Innovation And Seamless Transactions • North America was the largest region in 2025.

What Is Covered Under Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market?

Contactless and cardless Automated Teller Machines (ATMs) are advanced banking solutions designed to enhance convenience, security, and hygiene in financial transactions. These ATMs allow users to perform banking operations without physically inserting a card into the machine. These technologies reduce the risk of card theft or skimming and support faster, safer, and more user-friendly banking experiences. The main components in a contactless automated teller machine (ATM) and cardless automated teller machine (ATM) are hardware, software, and services. Hardware contactless and cardless ATMs are machines with built-in NFC, QR scanners, or biometrics that allow card-free transactions using mobile devices. These solutions can be deployed either on-premise or through the cloud and utilize various technologies such as near field communication, Bluetooth, magnetic stripe, and quick response code scanning. Key end-users include retail customers, corporate clients, banking institutions, and financial service providers.

What Is The Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market Growth Forecast?

The contactless automated teller machine (atm) and cardless automated teller machine (atm) market size is expected to see rapid growth in the next few years. It will grow to $5.78 billion in 2030 at a compound annual growth rate (CAGR) of 13.8%. The growth in the forecast period can be attributed to increasing investments in smart banking infrastructure, rising preference for touchless financial services, expansion of ai-driven fraud prevention systems, growing demand for omnichannel banking experiences, increased regulatory focus on transaction security. Major trends in the forecast period include increasing deployment of cardless cash withdrawal solutions, rising adoption of biometric authentication atms, growing integration with mobile banking applications, expansion of cloud-based atm management systems, enhanced focus on transaction security and hygiene.

Global Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market Segmentation

1) By Component: Hardware, Software, Services 2) By Deployment: On-Premise, Cloud-Based 3) By Technology: Near Field Communication, Bluetooth, Magnetic Stripe, Quick Response Code Scanning 4) By End User: Retail Customers, Corporate Clients, Banking Institutions, Financial Service Providers Subsegments: 1) By Hardware: Near-Field Communication Readers, Biometric Scanners, Card Dispensing Units, Cash Dispensers, Receipt Printers, Personal Identification Number (PIN) Pads And Touchscreens, Contactless Sensors, Connectivity Modules 2) By Software: Transaction Management Software, Security And Encryption Software, Mobile Banking Integration Software, Automated Teller Machine (ATM) Operating Systems, Analytics And Reporting Software, Remote Monitoring And Maintenance Software, User Interface (UI) Software 3) By Services: Installation And Integration Services, Maintenance And Support Services, Managed Services, Consulting And Training Services, Security Auditing Services, Software Upgradation Services

What Is The Driver Of The Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market?

The rising demand for contactless transactions is expected to propel the growth of the contactless automated teller machine (ATM) and cardless automated teller machine (ATM) market going forward. Contactless transactions refer to payments made by simply tapping a card or device near a compatible terminal, eliminating the need for physical contact or PIN entry. The demand for contactless transactions is rising as they offer a faster checkout experience, reduce physical contact at payment points, and align with growing consumer expectations for seamless digital payments. Contactless ATMs and cardless ATMs enable secure and hygienic contactless transactions by allowing users to withdraw cash or perform banking operations using smartphones, QR codes, or contactless cards without inserting a physical card. For instance, in July 2024, according to the European Central Bank, a Germany-based central bank for the eurosytem, in 2023, the number of contactless card payments in the second half of the year rose by 16%, reaching 23.2 billion compared to the same period in 2022. Therefore, the rising demand for contactless transactions is driving the growth of the contactless automated teller machine (ATM) and cardless automated teller machine (ATM) industry.

Key Players In The Global Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market

Major companies operating in the contactless automated teller machine (atm) and cardless automated teller machine (atm) market are Banco Santander S.A., Wells Fargo & Company, Hitachi Ltd., HSBC Holdings plc, Barclays PLC, Fujitsu Limited, Fiserv Inc., Samsung SDS Co. Ltd., Fidelity National Information Services Inc. (FIS), NCR Corporation, Conduent Incorporated, Diebold Nixdorf Incorporated, Euronet Worldwide Inc., OKI Electric Industry Co. Ltd., ACI Worldwide Inc., GRG Banking Equipment Co. Ltd., NoteMachine Limited, KEBA AG, Nautilus Hyosung Inc., Hyosung TNS Inc.

Global Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market Trends and Insights

Major companies operating in the contactless automated teller machine (ATM) and cardless automated teller machine (ATM) market are focusing on developing technologically advanced solutions, such as contactless ATM access, to enhance user convenience, reduce transaction times, and improve security. Contactless ATM access refers to the ability to perform ATM transactions by tapping a contactless-enabled card or device on the ATM, without inserting a physical card. For instance, in November 2023, Co-op Solutions, a US-based financial services company, launched contactless ATM access for all NCR Atleos ATMs, with plans to include Diebold Nixdorf and Hyosung Innovue machines by 2024. This feature allows credit union members to tap their debit cards for faster transactions, averaging just 15 seconds, over 50% quicker than using a magnetic stripe card. The system requires no API integration for credit unions or vendors. Co-op highlights the solution's speed, security, and modern feel as part of enhancing customer experience and reinforcing credit unions’ role in members’ everyday financial lives.

What Are Latest Mergers And Acquisitions In The Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market?

In November 2024, Travelex International Limited, a UK-based foreign exchange company, partnered with NCR Atleos to conduct a major overhaul of its ATM network. This collaboration aims to modernize Travelex’s ATM network across multiple countries with advanced hardware and software, enabling secure and convenient self-service currency access, adding features like contactless withdrawals, and improving reliability for travelers in key locations, all to enhance customer experience and operational efficiency. NCR Atleos is a US-based ATM business service provider that specializes in ATM technology and related services, including contactless ATMs.

Regional Outlook

North America was the largest region in the contactless automated teller machine (ATM) and cardless automated teller machine (ATM) market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market?

The automated teller machine (ATM) and cardless automated teller machine (ATM) market consists of revenues earned by entities by providing services such as cash withdrawal, balance inquiry, fund transfers, and QR code transactions. The market value includes the value of related goods sold by the service provider or included within the service offering. The contactless ATM and cardless automated teller machine market also includes sales of products including near field communication-enabled ATM terminals, biometric authentication devices, and QR code scanners. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Contactless Automated Teller Machine (ATM) And Cardless Automated Teller Machine (ATM) Market Report 2026?

The contactless automated teller machine (atm) and cardless automated teller machine (atm) market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the contactless automated teller machine (atm) and cardless automated teller machine (atm) Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?