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ATM Numbers Climb

The ATM Industry Association (ATMIA) has announced the results of a recently completed project to estimate the current population of ATMs in the USA. After a significant dip in 2020, the U.S. ATM population grew by about 21,000 terminals from 2021 to the end of 2022. ATMIA now estimates the total number of active ATMs to be between 520,000 and 540,000.

ATMIA’s previous population estimate of 475,000–500,000 was released in late 2017. The recent low of 450,000 ATMs was experienced in 2020, but many of those ATMs were behind locked doors and out of service due to pandemic shutdowns.  According to the Atlanta Fed, although the number of cash withdrawals has declined slightly, consumers are withdrawing much more per ATM transaction than a few years ago.

ePayResources and ATMIA entered into a partnership earlier this year to strengthen their mutual missions of empowering their members to be informed, compliant, and competitive in the payments sector. This partnership agreement enables ePayResources and ATMIA to access expanded industry education, advocacy, market research, and networking resources as reciprocal members.

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