Current Partners with Cardtronics to Provide Surcharge-Free Cash Access
February 26 2020 - 8:45AM
Current, a leading U.S. challenger bank that provides everyone
access to premium and affordable banking, is partnering with
Cardtronics [Nasdaq: CATM] to give its over 800,000 members access
to Cardtronics’ Allpoint Network of surcharge-free ATMs.
Current members can now withdraw cash at Allpoint’s 55,000 ATMs
worldwide without any transaction fees and make deposits at the
growing network of Allpoint+ deposit-enabled machines.
“We believe banking should be accessible and affordable for
everyone,” said Stuart Sopp, Current CEO and Founder. “Partnering
with Cardtronics to provide our members access to an expansive ATM
network without fees further supports our mission to bring premium
financial services to everyone and help improve financial
outcomes.”
Through Allpoint, the largest surcharge-free ATM network in the
U.S., challenger banks like Current have broad access to a physical
infrastructure through a network of secure, high-performing ATMs at
top retail establishments including grocery and convenience stores,
pharmacies, and big-box stores.
“Giving customers widespread ability to withdraw and deposit
funds without transaction fees is important to Current’s mission to
deliver premium and affordable banking to everyone and we’re
pleased to be part of providing that access,” said Carter Hunt,
Managing Director of North America for Cardtronics.
About Current
We are a leading U.S. challenger bank built to meet the needs of
people with unique lives who have been overlooked by the
traditional banking industry. Our custom Current Core technology
allows us to provide premium banking services for everyone,
regardless of age or income, and improve the financial outcomes of
our members without overdraft fees, minimum balance requirements,
or hidden fees. We give members up to two days faster direct
deposit paychecks, access to 55,000 free ATMs worldwide as well as
24/7 member support 365 days a year. To learn more about us, visit
http://www.current.com or download our app on the App Store or
Google Play.
Current is now backed through investments from Wellington
Management Company, QED Investors, EXPA, Galaxy Digital, CUNA
Mutual Group and Elizabeth Street Ventures.
About Cardtronics (Nasdaq: CATM)
Cardtronics is the trusted leader in financial self-service,
enabling cash transactions at approximately 285,000 ATMs across 10
countries in North America, Europe, Asia-Pacific, and Africa.
Leveraging our unmatched scale, expertise, and innovation, top-tier
merchants and businesses of all sizes use our ATM solutions to
drive growth, in-store traffic, and retail transactions. Financial
services providers rely on Cardtronics to deliver superior service
at their ATMs, on Cardtronics ATMs where they place their brand,
and through Cardtronics' Allpoint Network, the world’s largest
surcharge-free ATM network, with over 55,000 locations. As
champions of cash, Cardtronics converts digital currency into
physical cash, driving payments choice for businesses and consumers
alike. To learn more about Cardtronics, visit www.cardtronics.com
and follow us on LinkedIn and Twitter.
Contact Information:
Media RelationsLisa AlbistonVP Public Relations
and
Communications832-308-4000corporatecommunications@cardtronics.com |
Investor RelationsBrad ConradEVP –
Treasurer832-308-4000ir@cardtronics.com |
For more information,
please
visit:www.cardtronics.comwww.allpointnetwork.com |
|
Cardtronics is a registered trademark of
Cardtronics plc and its subsidiaries.All other trademarks are the
property of their respective owners.
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