The ATM Industry Association predicted there would be 3 million ATMs across the globe by 2015 and the total number of withdrawals of cash from ATMs globally would rise to above 8.6 billion per year
The international association, headquartered in Sioux Falls, S.D., and London pointed to research conducted by RBR, a London-based financial consulting firm that specializes in payments, for its numbers.
Among other things, RBR forecast the volume of global cash withdrawals from ATMs would increase by 7.9% per year from 2011 to 2017. The ATMIA reported the global volume of monthly cash withdrawals at ATMs was 2.8 billion in 2000 and forecast it would rise to 8.6 billion withdrawals per month by 2015.
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