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eFunds Corporation (NYSE: EFD), a leading provider of risk management, electronic payments, ATM and global outsourcing solutions, today announced that it has installed 270 ATMs at Petro Canada's retail service stations. Petro Canada, one of Canada's largest oil and gas companies, recently selected eFunds Canada Corporation to provide ATM management services to over 330 of its locations.
As part of the managed services agreement with Petro-Canada, eFunds will provide a number of services, including installation, maintenance, armored car, cash management, and monitoring. This is the first deal of its kind in Canada and demonstrates eFunds' ability to provide customized services to meet individual customer needs.
"Petro-Canada continues to provide innovative and high-quality products and services to our customers," said Gordon Wall, Director of Business Development, Petro-Canada. "We selected eFunds because they offer the most enhanced ATM management solution in the marketplace, which enables us to provide our customers the convenience and flexible services that they desire."
By providing enhanced ATM services, Petro-Canada will be able to leverage the Petro-Canada brand and use their ATM program for marketing and sales promotions purposes.
"It's important that we continue to provide customized ATM solutions and high-quality service to meet our customer needs," said Peter Zoumboulakis, vice president of eFunds' Canadian ATM operations. "We are thrilled that Petro-Canada has selected eFunds for their ATM management solution in over 330 locations. As we expand in the Canadian market, we solidify our position as the largest independent deployer and service provider in Canada."
eFunds Canada will be managing all aspects of the ATM program for Petro-Canada, which will be using its own switch. eFunds has proven to be one of the few ATM management companies that is able to offer this type of solution to meet customer needs.