Better ATM Services today announced a joint agreement with Triton to deliver a new revenue stream for ATM networks. Triton, a U.S.-based provider of off-premise ATMs and ATM management software, will enable its ATMs with Better ATM Services to allow the sale of prepaid cards through ATMs.
The ATMs will dispense prepaid cards through cash trays using existing equipment. The announcement was made at the ATM, Debit and Prepaid Forum being held Nov. 1-4 in Las Vegas.
"This agreement represents a giant step forward in expanding income-generating opportunities for ATM owners. The addition of prepaid card sales through our large base of ATM owners is a true game changer for the ATM industry. We are certain that ISOs will welcome these new business opportunities. Consumers are demanding more value and convenience and that's exactly what enabled ATMs will give them," said Triton President Daryl Cornell.
Better ATM Services has developed a card form factor which functions within the existing cash dispensing mechanisms. Software, along with a machine modification, will enable the ATMs to dispense and activate prepaid cards while retaining the ability to issue cash.
For more information on this topic, visit our conferences research center.
