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 size has grown rapidly in recent years. It will grow from $3.02 billion in 2025 to $3.45 billion in 2026 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to expansion of global atm networks, rising concerns over card fraud and skimming, growth of mobile banking usage, increasing demand for faster transaction processing, early adoption of contactless banking technologies.

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.

The increasing demand for contactless transactions is expected to drive the growth of the contactless automated teller machine (ATM) and cardless ATM market in the coming years. Contactless transactions involve payments made by simply tapping a card or device near a compatible terminal, removing the need for physical contact or PIN entry. This demand is growing as such transactions offer faster checkout experiences, reduce physical contact at payment points, and meet consumer expectations for seamless digital payments. Contactless and cardless ATMs facilitate secure and hygienic transactions by allowing users to withdraw cash or conduct banking operations using smartphones, QR codes, or contactless cards without inserting a physical card. For example, in July 2024, the European Central Bank, Germany-based central bank for the Eurosystem, reported that in 2023, contactless card payments in the second half of the year increased by 16%, reaching 23.2 billion compared to the same period in 2022. As a result, the growing preference for contactless transactions is boosting the expansion of the contactless ATM and cardless ATM market.

Key players in the contactless and cardless ATM market are focusing on developing advanced technological solutions such as contactless ATM access to improve user convenience, shorten transaction times, and boost security. Contactless ATM access allows users to perform ATM transactions by tapping a contactless-enabled card or device on the ATM, eliminating the need to insert a physical card. For instance, in November 2023, Co-op Solutions, a US financial services company, introduced contactless ATM access for all NCR Atleos ATMs, with plans to extend the feature to Diebold Nixdorf and Hyosung Innovue machines by 2024. This innovation enables credit union members to tap their debit cards for quicker transactions, averaging just 15 seconds - over 50% faster than using magnetic stripe cards. The system does not require API integration for credit unions or vendors. Co-op emphasizes the speed, security, and modern user experience as key benefits, enhancing customer satisfaction and strengthening credit unions’ roles in members’ daily financial activities.

In November 2024, Travelex International Limited, a UK foreign exchange company, collaborated with NCR Atleos to revamp its ATM network. This partnership aims to modernize Travelex’s ATM infrastructure across multiple countries with advanced hardware and software, offering secure and convenient self-service currency access, including features such as contactless withdrawals, and improving reliability for travelers at key locations. This initiative is designed to elevate customer experience and operational efficiency. NCR Atleos, a US-based ATM service provider, specializes in ATM technology and related services, including contactless ATM solutions.

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.

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

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.

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.

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