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NCR signs ATM deal with Westpac New Zealand

Tue, 01/19/2010 - 9:01am
The Associated Press

NCR Corp. said Tuesday it signed a deal with Westpac New Zealand to upgrade its automated teller machines and provide better service at the bank's branches.

The maker of ATMs, checkout scanners and self-serve kiosks will be responsible for replacing more than 400 of Westpac's ATMs by June, under terms of the nine-year, multimillion dollar contract. The deal also includes onsite maintenance, remote support and help-desk services for up to nine years in renewable three-year terms.

Further financial details of the deal were not disclosed.

Westpac has 200 branches in New Zealand and approximately 500 ATMs.

Shares of NCR gained 33 cents, or 2.7 percent, to $12.37 in afternoon trading. Over the past year, the stock has traded in a range of $6.62 to $14.35.

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