MoneyGram Money Transfer Service Added to 2,250 7-Eleven Self-Service Vcom Terminals
November 07 2008 - 4:14PM
Business Wire
MoneyGram International, a leading global payment services company,
and Cardtronics, an innovative ATM provider, today announced that
MoneyGram money transfer and ExpressPayment urgent bill payment
services will be offered through 2,250 advanced-function ATMs
located at 7-Eleven, Inc. convenience stores in the U.S. beginning
in late 2008. As part of a multi-year agreement, the financial
self-service kiosks will facilitate money transfer and
ExpressPayment urgent bill payment for walk-up customers without
the aid of store personnel. Currently located in more than 20 major
metropolitan areas, the financial self-service kiosks facilitate
automated money transfer or ExpressPayment urgent bill payment and
dispense cash when receiving a money transfer at the terminal.
Cardtronics has the exclusive rights to operate advanced function
ATMs at select 7-Eleven stores through 2017. �The addition of more
than 2,000 7-Eleven locations to our network makes MoneyGram
services more convenient in many neighborhoods and communities and
gives consumers more choices for their money transfer and bill
payment services,� said Dan O�Malley, senior vice president and
president of the Americas for MoneyGram. �Partnering with MoneyGram
to provide money transfer and urgent bill payment services will
greatly enhance the financial services on our advanced function
ATMs,� said Rick Updyke, president of global development for
Cardtronics. �We believe that the MoneyGram services give consumers
who prefer convenient financial transactions the best value.� Added
O�Malley, �While the reach of 7-Eleven stores brings immediate
convenience to our customers, a relationship with Cardtronics has
added potential as we both have an interest in technology that
simplifies financial transactions.� MoneyGram service at the
7-Eleven advanced function ATMs will initially be offered in
Arizona, California, Colorado, Delaware, Florida, Maryland, Oregon,
Pennsylvania, Texas, Utah, Virginia and Washington. About
Cardtronics Headquartered in Houston, Texas, Cardtronics
(Nasdaq:CATM) is the world's largest nonbank operator of ATMs.
Cardtronics operates approximately 33,000 ATMs, with ATMs in every
major U.S. market, approximately 2,500 ATMs throughout the United
Kingdom, and approximately 1,800 ATMs in Mexico. Major merchant
clients include 7-Eleven(r), Chevron(r), Costco(r),
CVS(r)/pharmacy, Duane Reade(r), ExxonMobil(r), Rite Aid(r),
Safeway(r), Sunoco(r), Target(r), and Walgreens(r). Complementing
its ATM operations, Cardtronics works with financial institutions
of all sizes to provide their customers with convenient cash access
and deposit capabilities through ATM branding, surcharge free
programs, and image deposit. Approximately 10,000 Cardtronics owned
and operated ATMs currently feature bank brands. For more
information, please visit the Company's website at
www.cardtronics.com. About MoneyGram International, Inc. MoneyGram
International, Inc. is a leading global payment services company.
The company's major products and services include global money
transfers, money orders and payment processing solutions for
financial institutions and retail customers. MoneyGram is a New
York Stock Exchange listed company with approximately 162,000
global money transfer agent locations in 180 countries and
territories. For more information, visit the company's website at
www.moneygram.com.
Cardtronics (NASDAQ:CATM)
Historical Stock Chart
From May 2024 to Jun 2024
Cardtronics (NASDAQ:CATM)
Historical Stock Chart
From Jun 2023 to Jun 2024