BB&T Partners with Payment Alliance International to Expand Presence in Atlanta with Branded ATMs in Rite Aid Stores

  BB&T Partners with Payment Alliance International to Expand Presence in
  Atlanta with Branded ATMs in Rite Aid Stores

Business Wire

LOUISVILLE, Ky. & WINSTON-SALEM, N.C. -- July 30, 2013

Payment Alliance International (PAI), a leader in retail ATM solutions, and
BB&T Corporation (NYSE: BBT), one of the largest financial services holding
companies in the U.S., have jointly announced today they have entered into an
agreement to brand over 130 Rite Aid Corporation ATMs in the Atlanta area.
While PAI will own and operate all of the ATM placements, BB&T customers will
enjoy the familiar appearance of the BB&T brand on the ATM, as well as
surcharge free access for their transactions.

As one of the largest ATM networks in the United States, PAI provides ATM
services for over 60,000 retail locations nationwide and was recently selected
to provide ATM services for approximately 1,500 Rite Aid locations in the
western, central, and southern United States. With the Rite Aid placements,
BB&T is able to significantly expand their ATM footprint in Atlanta without
the normal capital and operating expense associated with such a large
undertaking. PAI and BB&T expect to deploy all of these locations before the
end of Aug. 2013.

Gregory W. Mercer, senior vice president of PAI, stated, “We are thrilled to
help BB&T expand its footprint at conveniently located Rite Aid locations in
the Atlanta area where BB&T cardholders can now obtain surcharge free cash at
in-store ATMs.” Mercer added, “The entire team at PAI looks forward to working
with BB&T to serve our mutual customers in the coming years.”

“We are very pleased to expand surcharge-free ATM access to our BB&T clients
in the Atlanta area,” said Brant Standridge, BB&T Northern Georgia Regional
President. “The 130 new ATM locations in Rite Aid stores augment our existing
branch and ATM network to provide convenient cash access locations throughout
the Atlanta area. Our strategic alliance with PAI and Rite Aid is a positive
achievement for all parties and will benefit our clients as well.”

About Payment Alliance International (PAI)

Payment Alliance International is a leading provider of payment processing
solutions for businesses nationwide. As the nation’s largest deployer of ATMs,
PAI provides ATM processing and maintenance services, ATM equipment sales and
support, and ATM branding programs. PAI also offers comprehensive payment and
small business solutions including credit, debit and prepaid card acceptance
services…all designed to maximize customer success and make business easy.
Payment Alliance International is based in Louisville, Ky. For more
information, please visit www.GoPAI.com or follow us on Facebook and Twitter.

About BB&T

BB&T (NYSE: BBT) is one of the largest financial services holding companies in
the U.S. with $181 billion in assets and market capitalization of $22.0
billion, as of March 31, 2013. Based in Winston-Salem, N.C., the company
operates 1,842 financial centers in 12 states and Washington, D.C., and offers
a full range of consumer and commercial banking, securities brokerage, asset
management, mortgage and insurance products and services. A Fortune 500
company, BB&T is consistently recognized for outstanding client satisfaction
by J.D. Power and Associates, the U.S. Small Business Administration,
Greenwich Associates and others. More information about BB&T and its full line
of products and services is available at www.BBT.com.

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Contact:

Payment Alliance International
Terri Newton
Strategic Marketing Director
502-671-4088
press@GoPAI.com
or
BB&T
David White
Vice President Corporate Communications
336-733-1471
drwhite@bbandt.com