Cardtronics is one of the biggest ATM operators in the world - if not the biggest. But its entry on the Polish market with its Cashzone brand took place too late - Euronet had already established its leadership, IT Card had started to take up space with its brand Planet Cash, and bank chains were expanding. It was especially difficult to compete with them because the interchange commission for cash withdrawals, which is the main source of revenue for ATM owners, is only 1.2 - 1.3 zł. This seems to be the main reason Cardtronics directors decided to give up on the Polish market.

Related: Tesco Ends Cooperation with Alior Bank on Tesco Finanse

According to the statement I received from Maciej Żołyński, the general director for Cardtronics in Poland, the company decided to end its activities in our country. - We are very sorry to announce that after a thorough analysis Cardtronics decided to close its operations in Poland and focus its future investment resources on other European and global markets - the company said.

Related: 66.7 Percent of Card Transactions on the Polish Market Are Contactless

Cardtronics’s withdrawal plans include disabling Cashzone ATMs in Poland by the end of the first quarter of 2018. - In the following months we will be removing the machines from approximately 200 locations in Poland in order to reinstall them on other European markets - Żołyński wrote. Cashless's report on the Polish ATM market shows that at the end of June there were 222 Cashzone brand ATMs in Poland.