Proactive Investors Australia: Customers Ltd. has more than 5,000 active ATMs and is now a leading independent ATM operator in Australia. In less than two years Customers has become one of the largest owners and operators of merchant ATMs in Australia and has partnered with Bendigo Bank and MasterCard to establish Australia's newest payments-processing business, Strategic Payments Services. Currently, Customers is the only independent provider in Australia to offer a bank-branding option. Customers established a strategic foothold in the New Zealand market after signing an agreement to acquire a 25-percent stake in NZ ATM Services Ltd. for NZ $1 million. But economic pressures have led the company to sell 40 million of its shares to New York-based Fortress Credit Corp. Customers also expects Australia's introduction of ATM direct fee charging at ATMs to help its bottom line in the very near future.
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