NCR Corp. said Monday that it plans to expand in Brazil, making it the latest company hoping to capitalize on what is expected to be a fast-growing emerging market.
Georgia-based NCR, which sells products including self-service checkout kiosks and ATMs, has already operated in Brazil for 75 years. The company said it plans to offer more services to stores. It also hopes to recruit new clients, including supermarket chains, department stores, and home-improvement chains.
In a news release, NCR said Brazil is expected to become the third-fastest growing retail market in the world behind China and India, citing data from Euromonitor International.