Allpoint Surcharge-Free ATM Count Surges to 55,000 ATMs
World's Largest Surcharge-Free ATM Network Keeps Growing and Growing and
BETHESDA, Md., March 26, 2013 (GLOBE NEWSWIRE) -- Allpoint Network—operator of
the world's largest surcharge-free ATM network—today announced the addition of
5,000 coast-to-coast cash points, many of which provide member financial
service providers and their account holders enhanced cash access options in
the Upper Midwest and northern Plains states. The largest and still growing,
Allpoint Network now offers 55,000 surcharge-free ATMs in convenient retailer
locations where people live, work and shop, coast-to-coast in the United
States and beyond. Allpoint Network is an affiliate of Cardtronics, Inc.
(Nasdaq:CATM), the world's largest retail ATM owner.
From 23,000 to 55,000
Ongoing organic expansion, new retailer partners, international expansion, as
well as merger and acquisition activity by parent company Cardtronics—all have
factored into more than doubling Allpoint Network from 23,000 ATMs in 2003 to
55,000 surcharge-free cash machines in 2013. The newest 5,000 surcharge-free
Allpoint ATMs arrive courtesy of Cardtronics' acquisition activity,
specifically its Access to Money, Inc. transaction of 2011, as well as
acquiring the ATM operations and assets of ATM Network, Inc. in 2012.
Collectively, both acquisitions included thousands of merchant relationships
originally established by Access to Money and ATM Network. A significant
number of these new merchant locations give Allpoint Network greater ATM
location saturation in the Upper Midwest and northern Plains states.
"Surcharge-free ATM access, even in this burgeoning age of mobile wallets and
payments, continues to rank at or near the top of consumer wish lists when
selecting a financial institution or prepaid card provider. And with
smartphones fanning the flames of our on-demand culture, no single financial
institution has enough ATMs, at least not without Allpoint ATMs," said Ben
Psillas, president, Allpoint Network. "The guiding philosophy behind Allpoint
Network surcharge-free ATMs—beyond the more locations the better—is to meet
people where they are because consumers don't want to make extra trips or
stops for cash."
The Largest...And Still Growing
As more than 1,100 financial institutions and prepaid card programs
representing 33.4 million cardholders can attest, Allpoint Network provides
surcharge-free ATM access in convenient retail locations where people already
live, work and shop. Conveniently located in destination retail outlets
including major discount retailers, convenience, grocery and pharmacy stores,
Allpoint Network's 55,000 surcharge-free ATMs enable card issuers to help
their customers save time as well as ATM fees.
"Although Allpoint Network long ago established its leadership position among
surcharge-free ATM network providers, we feel duty-bound to our card-issuing
members—as well as their cardholders—to continually expand surcharge-free ATM
access," continued Psillas. "By extending Allpoint Network's footprint at the
most convenient retail locations in the United States and beyond, we've
created value-added benefit for existing customers and enticing new reasons
for all other card issuers to consider membership."
How to find Allpoint Network
Eligible cardholders looking for the nearest Allpoint ATM—including the new
5,000 locations—can do so with their smartphone using the free Allpoint
Network ATM locator app.
oAllpoint Network maps & retailers— http://bit.ly/Maps_Retailers
oAllpoint ATM locator for Web — http://bit.ly/Web_Locator
oAllpoint ATM locator for Android — http://bit.ly/Android_Allpoint
oAllpoint ATM locator for Blackberry — http://bit.ly/BlackBerry_Allpoint
oAllpoint ATM locator for iPhone — http://bit.ly/iPhone_Allpoint
Allpoint Network is the largest surcharge-free ATM network with more than
55,000 ATMs in leading national and regional merchant locations across the
United States, Canada, Mexico, United Kingdom and Australia. Allpoint provides
greater access, convenience and savings to customers of financial institutions
while providing institutions the tools to compete more effectively for
customers. For more information or to find the nearest Allpoint surcharge-free
ATM, please visit www.AllpointNetwork.com. Allpoint Network is an affiliate of
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live their
lives, Cardtronics is at the convergence of retailers, financial institutions,
prepaid card programs and the customers they share. Cardtronics owns/operates
more than 62,800 retail ATMs in U.S. and international locales. Whether
Cardtronics is driving foot traffic for America's most relevant retailers,
enhancing ATM brand presence for card issuers or expanding card holders'
surcharge-free cash access on the local, national or global scene, Cardtronics
is convenient access to cash, when and where consumers need it. Cardtronics is
where cash meets commerce.
Media Relations Investor Relations
Nick Pappathopoulos Chris Brewster
Director – Public Relations Chief Financial Officer
Cardtronics and Allpoint are registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
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