카드리스 ATM 시장 규모, 점유율, 성장 및 세계 업계 분석, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of cardless ATM Market

The global cardless ATM market size was valued at USD 2.04 billion in 2025 and is projected to reach USD 2.19 billion in 2026 and USD 4.21 billion by 2034, expanding at a CAGR of 8.5% during the forecast period. Asia Pacific dominated the market in 2025 with a 31.86% share. Cardless ATM solutions enable customers to withdraw cash and access ATM services without inserting a physical debit or credit card through technologies such as QR codes, NFC, biometric authentication, mobile applications, OTPs, and token-based authentication.

The market is benefiting from rising smartphone penetration, mobile banking adoption, digital wallets, real-time payment infrastructure, ATM modernization, and growing demand for secure and convenient cash access. Banks and ATM operators are integrating mobile applications, digital authentication, fraud monitoring, and contactless technologies into ATM networks to improve customer experience and transaction security.

Market Trends

Mobile-First Banking and Advanced Authentication Transforming ATM Operations

The increasing integration of banking applications, QR codes, NFC, biometric verification, and token-based authentication is transforming the cardless ATM market. Customers increasingly prefer mobile-enabled transactions that eliminate the need to carry physical cards. In September 2025, Mastercard, NCR Atleos, and ITCARD introduced Consumer Device Cardholder Verification Method technology for mobile-authenticated cardless cash withdrawals at contactless ATMs across Europe.

Market Dynamics

Market Drivers

Rising Mobile Banking Adoption and ATM Modernization Driving Growth

Growing mobile banking usage, digital wallet adoption, smartphone penetration, and demand for secure cash withdrawal methods are major market drivers. Banks are upgrading ATM infrastructure with QR authentication, NFC, biometric systems, mobile applications, and real-time fraud monitoring. These technologies support faster transactions while reducing dependence on physical cards. In April 2026, Hitachi Payment Services expanded Android-based UPI ATM deployment across India, supporting interoperable cardless cash withdrawals.

Market Restraints

High Implementation Costs and Cybersecurity Risks Limiting Expansion

High ATM modernization expenses, software integration requirements, cybersecurity investments, network maintenance, and regulatory compliance can restrict adoption. Financial institutions must connect new authentication technologies with legacy banking infrastructure while protecting customers against phishing, identity theft, account takeover, and authentication fraud. Uneven digital infrastructure in rural and developing markets can further slow deployment.

Market Opportunities

Expansion of Digital Banking and Financial Inclusion Creating Opportunities

The expansion of digital banking infrastructure creates opportunities for cardless ATM providers across emerging economies. Banks can combine mobile applications, QR codes, NFC, biometric authentication, and digital wallets to deliver secure cash access across cities, smaller towns, and underserved communities. Mobile ATMs and off-site ATM networks also provide opportunities where permanent ATM installations are difficult or expensive.

Market Challenges

Balancing Security, Convenience, and Authentication Reliability

Providers face the challenge of delivering fast and simple cardless transactions while maintaining strong security. Weak connectivity, authentication failures, device compatibility, cybersecurity threats, and differences between banking platforms can affect customer adoption. Companies therefore need to improve fraud detection, interoperability, authentication reliability, and ATM software integration.

Segmentation Analysis

By Technology

Mobile App-Based Authentication led the market in 2025, generating USD 0.59 billion, supported by widespread banking-app usage and integration with digital banking platforms. Customers can initiate transactions through verified applications and complete withdrawals using codes, tokens, or in-app approvals. Biometric authentication is projected to register the fastest growth at a CAGR of 11.6% from 2026 to 2034 due to growing demand for stronger identity verification.

By Location

Off-site ATMs dominated in 2025, generating USD 1.11 billion, supported by deployment across shopping centers, transportation hubs, retail outlets, and other high-footfall locations. The mobile ATM segment is expected to grow at a CAGR of 9.5% from 2026 to 2034, driven by financial inclusion, temporary banking requirements, events, and underserved locations.

By End User

Banks accounted for the leading market position in 2025, supported by extensive ATM networks and direct integration with banking applications and customer accounts. Independent ATM deployers are projected to record the fastest growth at a CAGR of 11.3%, supported by increasing deployment across retail, transportation, entertainment, and underserved locations.

Regional Outlook

Asia Pacific accounted for 31.86% of the global market in 2025, with market value of USD 0.65 billion. China, India, Japan, and South Korea are major regional markets because of strong mobile banking adoption and expanding digital payment ecosystems.

North America generated USD 0.67 billion in 2025, supported by mature banking infrastructure and widespread digital banking adoption. The U.S. market reached approximately USD 0.54 billion in 2025.

Europe is supported by ATM modernization, digital banking adoption, and advanced authentication infrastructure, while the Middle East & Africa are benefiting from financial-sector digitalization and smart banking initiatives. South America is witnessing increasing adoption of mobile banking and cardless cash access, with Brazil remaining a major regional market.

Competitive Landscape

The global market is relatively consolidated, with NCR Atleos Corporation, Hyosung TNS Inc., GRG Banking Equipment Co., Ltd., Hitachi Payment Services Pvt. Ltd., OKI Electric Industry Co., Ltd., Fiserv, Inc., Auriga S.p.A., Mastercard Incorporated, Euronet Worldwide, Inc., and Genmega Inc. among the prominent companies.

Companies are focusing on contactless ATM technology, QR authentication, biometric verification, mobile applications, cybersecurity, ATM management software, and strategic partnerships. In May 2026, Fiserv agreed to establish a joint venture with Bridgeport Partners covering ATM Managed Services, Cash & Logistics, and MoneyPass businesses.

Key Industry Developments

• May 2026: Fiserv announced an ATM-services joint venture with Bridgeport Partners.
• October 2025: Euronet expanded its EFT Processing network to more than 56,000 active ATMs.
• September 2025: OKI partnered with Lipi Data Systems to begin local ATM production in India.
• May 2025: GRG Banking Equipment supported Kienlong Bank's smart digital banking ecosystem.
• April 2025: Hyosung TNS introduced the Hyosung 5XL and 5XW cash-dispensing ATMs with contactless and optional fingerprint technologies.

Report Coverage

The cardless ATM market report covers market size and forecasts for 2025, 2026, and 2034, along with technology, location, and end-user segmentation. It evaluates market drivers, restraints, opportunities, challenges, trends, regional developments, technological advancements, ATM modernization, digital banking integration, cybersecurity, partnerships, product launches, and competitive strategies.

Conclusion

The global cardless ATM market is entering a sustained expansion phase as banks and ATM operators increasingly connect physical cash infrastructure with mobile-first banking ecosystems. The market is expected to rise from USD 2.04 billion in 2025 to USD 2.19 billion in 2026 and USD 4.21 billion by 2034. Mobile authentication currently provides the strongest foundation for adoption, while biometric authentication, QR codes, NFC, mobile ATMs, and interoperable digital-payment systems are creating additional growth opportunities. As financial institutions continue investing in secure self-service banking, cardless ATM technology is expected to become an increasingly important component of modern ATM networks worldwide.

Segmentation By Technology, Location, End User, and Region

By Technology

• QR Code
• NFC
• Biometric Authentication
• Mobile App-Based Authentication
• Others (OTP, Token-Based Authentication, etc.)

By Location

• On-site ATM
• Off-site ATM
• Mobile ATM

By End User

• Banks
• Independent ATM Deployers
• Credit Unions
• Others (Retailers, Financial Service Providers, etc.)

By Region

• North America (By Technology, By Location, By End User and Country)
  • U.S. (By Technology)
  • Canada (By Technology)
  • Mexico (By Technology)
• Europe (By Technology, By Location, By End User, and Country/Sub-region)
  • Germany (By Technology)
  • U.K. (By Technology)
  • France (By Technology)
  • Italy (By Technology)
  • Spain (By Technology)
  • BENELUX (By Technology)
  • Nordics (By Technology)
  • Rest of Europe
• Asia Pacific (By Technology, By Location, By End User, and Country/Sub-region)
  • China (By Technology)
  • Japan (By Technology)
  • India (By Technology)
  • South Korea (By Technology)
  • Rest of Asia Pacific
• South America (By Technology, By Location, By End User, and Country/Sub-region)
  • Brazil (By Technology)
  • Argentina (By Technology)
  • Rest of South America
• Middle East & Africa (By Technology, By Location, By End User, and Country/Sub-region)
  • GCC (By Technology)
  • South Africa (By Technology)
  • Rest of Middle East & Africa

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities, Challenges, and Trends
• 3.3. Impact of Reciprocal Tariffs on the Market

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global Cardless ATM Key Players Market Share/Ranking, 2025

5. Global Cardless ATM Market Size Estimates and Forecasts, By Segments, 2021-2034

• 5.1. Key Findings
• 5.2. By Technology (USD Billion)
  • 5.2.1. QR Code
  • 5.2.2. NFC
  • 5.2.3. Biometric Authentication
  • 5.2.4. Mobile App-Based Authentication
  • 5.2.5. Others (OTP, Token-Based Authentication, etc.)
• 5.3. By Location (USD Billion)
  • 5.3.1. On-site ATM
  • 5.3.2. Off-site ATM
  • 5.3.3. Mobile ATM
• 5.4. By End User (USD Billion)
  • 5.4.1. Banks
  • 5.4.2. Independent ATM Deployers
  • 5.4.3. Credit Unions
  • 5.4.4. Others (Retailers, Financial Service Providers, etc.)
• 5.5. By Region (USD Billion)
  • 5.5.1. North America
  • 5.5.2. South America
  • 5.5.3. Europe
  • 5.5.4. Middle East & Africa
  • 5.5.5. Asia Pacific

6. North America Cardless ATM Market Size Estimates and Forecasts, By Segments, 2021-2034

• 6.1. Key Findings
• 6.2. By Technology (USD Billion)
  • 6.2.1. QR Code
  • 6.2.2. NFC
  • 6.2.3. Biometric Authentication
  • 6.2.4. Mobile App-Based Authentication
  • 6.2.5. Others (OTP, Token-Based Authentication, etc.)
• 6.3. By Location (USD Billion)
  • 6.3.1. On-site ATM
  • 6.3.2. Off-site ATM
  • 6.3.3. Mobile ATM
• 6.4. By End User (USD Billion)
  • 6.4.1. Banks
  • 6.4.2. Independent ATM Deployers
  • 6.4.3. Credit Unions
  • 6.4.4. Others (Retailers, Financial Service Providers, etc.)
• 6.5. By Country (USD Billion)
  • 6.5.1. U.S. (By Technology)
  • 6.5.2. Canada (By Technology)
  • 6.5.3. Mexico (By Technology)

7. South America Cardless ATM Market Size Estimates and Forecasts, By Segments, 2021-2034

• 7.1. Key Findings
• 7.2. By Technology (USD Billion)
  • 7.2.1. QR Code
  • 7.2.2. NFC
  • 7.2.3. Biometric Authentication
  • 7.2.4. Mobile App-Based Authentication
  • 7.2.5. Others (OTP, Token-Based Authentication, etc.)
• 7.3. By Location (USD Billion)
  • 7.3.1. On-site ATM
  • 7.3.2. Off-site ATM
  • 7.3.3. Mobile ATM
• 7.4. By End User (USD Billion)
  • 7.4.1. Banks
  • 7.4.2. Independent ATM Deployers
  • 7.4.3. Credit Unions
  • 7.4.4. Others (Retailers, Financial Service Providers, etc.)
• 7.5. By Country (USD Billion)
  • 7.5.1. Brazil (By Technology)
  • 7.5.2. Argentina (By Technology)
  • 7.5.3. Rest of South America

8. Europe Cardless ATM Market Size Estimates and Forecasts, By Segments, 2021-2034

• 8.1. Key Findings
• 8.2. By Technology (USD Billion)
  • 8.2.1. QR Code
  • 8.2.2. NFC
  • 8.2.3. Biometric Authentication
  • 8.2.4. Mobile App-Based Authentication
  • 8.2.5. Others (OTP, Token-Based Authentication, etc.)
• 8.3. By Location (USD Billion)
  • 8.3.1. On-site ATM
  • 8.3.2. Off-site ATM
  • 8.3.3. Mobile ATM
• 8.4. By End User (USD Billion)
  • 8.4.1. Banks
  • 8.4.2. Independent ATM Deployers
  • 8.4.3. Credit Unions
  • 8.4.4. Others (Retailers, Financial Service Providers, etc.)
• 8.5. By Country (USD Billion)
  • 8.5.1. U.K. (By Technology)
  • 8.5.2. Germany (By Technology)
  • 8.5.3. France (By Technology)
  • 8.5.4. Italy (By Technology)
  • 8.5.5. Spain (By Technology)
  • 8.5.6. BENELUX (By Technology)
  • 8.5.7. Nordics (By Technology)
  • 8.5.8. Rest of Europe

9. Middle East & Africa Cardless ATM Market Size Estimates and Forecasts, By Segments, 2021-2034

• 9.1. Key Findings
• 9.2. By Technology (USD Billion)
  • 9.2.1. QR Code
  • 9.2.2. NFC
  • 9.2.3. Biometric Authentication
  • 9.2.4. Mobile App-Based Authentication
  • 9.2.5. Others (OTP, Token-Based Authentication, etc.)
• 9.3. By Location (USD Billion)
  • 9.3.1. On-site ATM
  • 9.3.2. Off-site ATM
  • 9.3.3. Mobile ATM
• 9.4. By End User (USD Billion)
  • 9.4.1. Banks
  • 9.4.2. Independent ATM Deployers
  • 9.4.3. Credit Unions
  • 9.4.4. Others (Retailers, Financial Service Providers, etc.)
• 9.5. By Country (USD Billion)
  • 9.5.1. GCC (By Technology)
  • 9.5.2. South Africa (By Technology)
  • 9.5.3. Rest of MEA

10. Asia Pacific Cardless ATM Market Size Estimates and Forecasts, By Segments, 2021-2034

• 10.1. Key Findings
• 10.2. By Technology (USD Billion)
  • 10.2.1. QR Code
  • 10.2.2. NFC
  • 10.2.3. Biometric Authentication
  • 10.2.4. Mobile App-Based Authentication
  • 10.2.5. Others (OTP, Token-Based Authentication, etc.)
• 10.3. By Location (USD Billion)
  • 10.3.1. On-site ATM
  • 10.3.2. Off-site ATM
  • 10.3.3. Mobile ATM
• 10.4. By End User (USD Billion)
  • 10.4.1. Banks
  • 10.4.2. Independent ATM Deployers
  • 10.4.3. Credit Unions
  • 10.4.4. Others (Retailers, Financial Service Providers, etc.)
• 10.5. By Country (USD Billion)
  • 10.5.1. China (By Technology)
  • 10.5.2. India (By Technology)
  • 10.5.3. Japan (By Technology)
  • 10.5.4. South Korea (By Technology)
  • 10.5.5. Rest of Asia Pacific

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

• 11.1. NCR Atleos Corporation
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Types/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. Hyosung TNS Inc. - Hyosung Innovue
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Types/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. GRG Banking Equipment Co., Ltd.
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Types/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. Hitachi Payment Services Pvt. Ltd.
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Types/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. OKI Electric Industry Co., Ltd.
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Types/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Fiserv, Inc.
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Types/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. Auriga S.p.A.
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Types/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. Mastercard Incorporated
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Types/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. Euronet Worldwide, Inc.
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Types/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. Genmega Inc.
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Types/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments