Processing .....please wait.. 
The article has been forwarded.... 
China, India hottest markets for ATMs: report
WASHINGTON: International Data Corp (IDC) says Singapore and Hong Kong are two of the most established ATM markets in the region, marked by heavy usage rates. Singapore, in particular, makes heavy use of cash-dispensing machines with multiple functions.
IDC's new report on banking trends in the Asia-Pacific region said: "Low ATM penetration rates in many regional markets, especially when contrasted with the U.S., indicate that there is significant room for growth."
The IDC report said differing levels of financial development in each country create a regional market with uneven investment trends and a lack of strategic direction.
The report noted that banks in more established markets are experimenting with ATMs that offer other services such as share purchasing, donations to charities and airline bookings.
It says the results are promising, but it predicts that dispensing cash will continue to be the sole function of most new ATMs installed in the region.
Source: IANS