Cashcard aquires Direct Cash ATM network

Cashcard aquires Direct Cash ATM network

Australian convenience cash machine operator Cashcard has acquired ATM deployer Direct Cash for an undisclosed sum.

The incorporation of the Direct Cash network will add over 800 additional ATMs to Cashcard's existing operations.

As part of the deal Cashcard will integrate Direct Cash's ATM locations - which include shopping centres, entertainment venues and gas stations - with its own network, bringing its total number of sites to over 5000.

Greg Baker, managing director, Cashcard says the firm already provides both processing and help desk services to Direct Cash, thereby making the integration process relatively painless.

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