Convenience ATMs come to New Zealand

Convenience ATMs come to New Zealand
Tags: ATM Plus, Asia, Australia & Pacific, Debit / Credit, North America, Retail / Off-Premises, Transaction Processing, Trends / Statistics
April 13, 2008

ePaynews.com: New Zealand processor Paymark has teamed up with NZ ATM and ATM Plus to launch the country's first pilot of convenience ATMs. These are ATMs that are not owned by a bank, and charge a fee for transactions. According to Paymark, the pilot follows on from its research into convenience ATM business models in other countries. "Having looked at overseas models and how they work, Paymark took their best aspects and features to put together its convenience ATM service," the firm says.