Free Submission Public Relations & NewsPR-inside.com
 
DeutschEnglish

Get the latest news
with our RSS feed
rss feed
Add to My Yahoo!
More information
Business

MoneyGram Money Transfer Service Added to 2,250 7-Eleven Self-Service Vcom Terminals


Print article Print article
Refer this article Refer to a friend
© Business Wire 2008
2008-11-10 07:30:02 -

www.moneygram.com - MoneyGram International, a leading global payment services company, and Cardtronics, an innovative ATM provider, today announced that MoneyGram money transfer and ExpressPayment urgent bill payment services will be offered through 2,250 advanced-function ATMs located at 7-Eleven, Inc. convenience stores in the U.S. beginning in late 2008.

As part of a multi-year agreement, the financial self-service kiosks will

facilitate money transfer and ExpressPayment urgent bill payment for walk-up customers without the aid of store personnel.

Currently located in more than 20 major metropolitan areas, the financial self-service kiosks facilitate automated money transfer or ExpressPayment urgent bill payment and dispense cash when receiving a money transfer at the terminal. Cardtronics has the exclusive rights to operate advanced function ATMs at select 7-Eleven stores through 2017.

"The addition of more than 2,000 7-Eleven locations to our network makes MoneyGram services more convenient in many neighborhoods and communities and gives consumers more choices for their money transfer and bill payment services," said Dan O'Malley, senior vice president and president of the Americas for MoneyGram.

"Partnering with MoneyGram to provide money transfer and urgent bill payment services will greatly enhance the financial services on our advanced function ATMs," said Rick Updyke, president of global development for Cardtronics. "We believe that the MoneyGram services give consumers who prefer convenient financial transactions the best value."

Added O'Malley, "While the reach of 7-Eleven stores brings immediate convenience to our customers, a relationship with Cardtronics has added potential as we both have an interest in technology that simplifies financial transactions."

MoneyGram service at the 7-Eleven advanced function ATMs will initially be offered in Arizona, California, Colorado, Delaware, Florida, Maryland, Oregon, Pennsylvania, Texas, Utah, Virginia and Washington.

About Cardtronics

Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) is the world's largest nonbank operator of ATMs. Cardtronics operates approximately 33,000 ATMs, with ATMs in every major U.S. market, approximately 2,500 ATMs throughout the United Kingdom, and approximately 1,800 ATMs in Mexico. Major merchant clients include 7-Eleven(r), Chevron(r), Costco(r), CVS(r)/pharmacy, Duane Reade(r), ExxonMobil(r), Rite Aid(r), Safeway(r), Sunoco(r), Target(r), and Walgreens(r). Complementing its ATM operations, Cardtronics works with financial institutions of all sizes to provide their customers with convenient cash access and deposit capabilities through ATM branding, surcharge free programs, and image deposit. Approximately 10,000 Cardtronics owned and operated ATMs currently feature bank brands. For more information, please visit the Company's website at www.cardtronics.com.

About MoneyGram International, Inc.

MoneyGram International, Inc. is a leading global payment services company. The company's major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers. MoneyGram is a New York Stock Exchange listed company with approximately 162,000 global money transfer agent locations in 180 countries and territories. For more information, visit the company's website at www.moneygram.com.

MoneyGram
Lynda Michielutti, 952-591-3846
lmichielutti@moneygram.com
or
Cardtronics
Joel Antonini, 281-596-1131
jantonini@cardtronics.com


Disclaimer: (c) 2009 Business Wire. All of the news releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Terms & Conditions | Privacy | About us | Contact PR-inside.com