03 May 2015

Cardtronics and Walgreens renew ATM services deal

02 April 2014  |  1343 views  |  0 Source: Cardtronics

Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM owner, has extended its ATM services agreement with Walgreens. Cardtronics is a preferred provider of ATM services for Walgreens.

Since the relationship began in 2004, Cardtronics has grown its ATM presence in Walgreens locations significantly -- from fewer than 400 initially to roughly 3,250 today. The company is also the exclusive ATM provider for Walgreens in many states across the U.S.

A Comprehensive Partner

Along with the relationship renewal, Cardtronics will support the new Walgreens Balance Financial prepaid program. Balance Financial cardholders can access their cash, surcharge-free, by using the ATMs at Walgreens stores. Offering easy access to cash through surcharge-free ATM access for its Balance Financial cardholders is part of Walgreens' commitment to providing convenience for consumers.

Many financial institutions and card issuers utilize their relationship with Cardtronics to provide their cardholders with surcharge-free cash access at Walgreens through branding agreements and participation in the Allpoint Network.

Rick Updyke, president of Cardtronics' North America Business Group, said: "Cardtronics is continuing to make life easier for Walgreens customers through convenient access to cash, ultimately helping to drive traffic to its stores. This level of convenience is also why the company is a popular branding partner for many of Cardtronics' financial institution clients, allowing them to meet their own customers' and members' needs in well-known, premium locations." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
Visa Europe opens innovation hub
6111 views comments | 25 tweets | 17 linkedin
Digital challengers face tough times as co...
5549 views comments | 38 tweets | 24 linkedin
Deutsche Bank to allocate EUR1 billion to...
5375 views comments | 43 tweets | 19 linkedin
MasterCard to buy analytics house APT for...
5144 views comments | 16 tweets | 5 linkedin
Barclays launches £100 million fund f...
3989 views comments | 14 tweets | 10 linkedin

Featured job

to $175k base, double OTE, benefits
New York City, NY (USA)

Find your next job