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NCR Corp. said Tuesday that it has sold 38 ATMs to the Bank of New Zealand, one of the country's largest financial institutions. The machines are SelfServ-model ATMs equipped with NCR's patented two-sided thermal-printing technology. The technology enables the ATMs to print customer information on both sides of the ATM receipt, an NCR spokesperson tells ATM&Debit News, a CardLine Global sister publication. United States-based NCR says its thermal-printing process aids the environment because the process saves paper. Two-sided thermal printing reduces paper consumption by as much as 45% and cuts annual paper costs by as much as 20%, NCR says. By cutting paper consumption, two-sided thermal printing also reduces ATM downtime. "Over half of ATM downtime is due to the banks' staffs replacing receipt rolls and eliminating paper jams," NCR says. There also is another advantage to two-sided paper printing. It enables companies to print on ATM receipts offers from banks to customers and non-customers. Bank of New Zealand will use the ATMs' thermal-printing technology for this purpose, the spokesperson says. NCR's two-sided thermal-printing process "will help us reduce the operational costs of our ATM network while providing our customers with a premium experience," Paul Johnson, Bank of New Zealand's ATM channel manager, said in a statement. NCR also benefits from the deal. The financial institution purchased the ATMs from NCR and has to buy NCR's special thermal paper from the manufacturer, the spokesperson says. Bank of New Zealand purchased SelfServ ATM models 22, 25 and 34. The 34 is a drive-through model, and the 25 is a through-the-wall ATM deployed in off-premise locations. The 22 is a standalone model. The ATMs provide bill payment, funds transfers, cellular phone top-ups, cash recycling, cash acceptance and cash dispensing.