Cash and Prepaid Converge as TxVia Partners With Allpoint Network
January 18 2012 - 7:30AM
Allpoint Network, a Cardtronics, Inc. affiliate (Nasdaq:CATM), and
operator of the largest surcharge-free ATM network, today announced
a partnership with TxVia, Inc. resulting in Allpoint Network access
being added to the a la carte menu of third-party services offered
by TxVia, which provides the most advanced operating system to
enable emerging payments and financial services. Through this
partnership, program managers looking to TxVia for transaction
processing can open the Allpoint Network to their cardholders,
making surcharge-free cash access a reality at over 43,000 ATMs
located at America's most relevant retailers across the United
States and beyond.
"At TxVia, we don't see prepaid cards as an isolated category of
payments," said Jonathan Weiner, executive vice president, TxVia.
"As it continues to evolve as a payment instrument, especially with
reloadable prepaid cards gaining traction as cost-savings solutions
in areas such as payroll and government benefit disbursements,
prepaid has been and must converge with convenient cash access.
With its reputation for being where the people are, Allpoint
Network ATMs are well-positioned to bridge the gap between prepaid
and cash for program managers."
"For the individual receiving payroll or some other regular
disbursement on a prepaid card, it's quite likely they don't have a
traditional financial institution relationship, making a bank- or
credit union-located ATM somewhat irrelevant to their lives," said
Ben Psillas, president, Allpoint Network. "Allpoint Network
surcharge-free ATMs are easily found in America's best-known
retailers. And that positioning enables prepaid cardholders to
withdraw cash at the same place they pick up life's essentials —
making Allpoint Network especially relevant to prepaid card program
managers and cardholders across the industry."
Systems & Methods, Inc. (SMI) was one of the first TxVia
clients to enhance their prepaid card programs with surcharge-free
cash access for cardholders at Allpoint Network ATMs. Since 1971,
state and local government agencies have looked to Georgia-based
Systems & Methods, Inc. (SMI) for a variety of
technology-driven process efficiency services, including solutions
for payments and financial systems. Having formed relationships
with 22 states and over 160 agencies, SMI manages the prepaid card
programs for two states. The smiONE prepaid card programs
facilitate electronic disbursements to un- and under-banked
recipients. Surcharge-free cash access at Allpoint Network ATMs is
available to smiONE cardholders.
Additional Resources:
- Allpoint Network maps & retailers—
http://bit.ly/Maps_Retailers
- Allpoint ATM locator for Web — http://bit.ly/Web_Locator
- Allpoint ATM locator for Android —
http://bit.ly/Android_Allpoint
- Allpoint ATM locator for Blackberry —
http://bit.ly/BlackBerry_Allpoint
- Allpoint ATM locator for iPhone —
http://bit.ly/iPhone_Allpoint
About TxVia, Inc.
TxVia provides the most advanced operating system to
enable emerging payments and financial services. Our custom,
end-to-end processing platforms are based on a
platform-as-a-service (PaaS) delivery model and incorporate a
comprehensive range of development tools, off-the-shelf templates,
user interfaces, and servicing applications as well as a range of
third-party connectivity. We also offer a suite of supporting
managed services.
About Systems & Methods, Inc.
SMI recently celebrated its 40 year in providing solutions to
state and local government agencies. Currently, SMI provides
government payment and disbursement processing nationwide,
processing more than $3.5 billion annually SMI's nationally
recognized experts in human services, deliver industry leading
solutions in the areas of child support, child welfare, contact
centers, document management, financial management, and medical
support.
SMI's commitment to service, integrity and a family-to-family
approach to doing business is the foundation of the belief that
success depends on long-term business relationships.
About Allpoint Network
Allpoint is the largest surcharge-free ATM network with over
43,000 ATMs in leading national and regional merchant locations
across the United States, Mexico, United Kingdom and
Australia. Allpoint provides greater access, convenience and
savings to customers of financial institutions while providing
institutions the tools to compete more effectively for customers.
For more information or to find the nearest Allpoint surcharge-free
ATM, please visit www.AllpointNetwork.com.
The Allpoint Network logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2368
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and
live their lives, Cardtronics is at the convergence of retailers,
financial institutions, prepaid card programs and the customers
they share. Cardtronics owns/operates more than 52,800 retail ATMs
in U.S. and international locales. Whether Cardtronics is driving
foot traffic for America's most relevant retailers, enhancing ATM
brand presence for card issuers or expanding card holders'
surcharge-free cash access on the local, national or global scene,
Cardtronics is convenient access to cash, when and where consumers
need it. Cardtronics is where cash meets commerce.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
Cardtronics and Allpoint are registered
trademarks of Cardtronics, Inc.
All other trademarks are the property of their
respective owners.
CONTACT: Allpoint/Cardtronics - Media
Nick Pappathopoulos
Director - Public Relations
832-308-4396
npappathopoulos@cardtronics.com
Cardtronics - Investors
Chris Brewster
Chief Financial Officer
832-308-4128
cbrewster@cardtronics.com
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