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Customers Limited today announced an agreement with Coles Express service stations and convenience stores in Australia to provide full managed service of more than 400 ATMs.

The agreement, which followed a competitive tender process, is for a five-year term.

Customers will provide ATM hardware and software, ongoing maintenance, cash servicing, branding and 24-hour technical support to Coles Express.

"Globally recognized state-of-the-art equipment from our partner, Nautilus Hyosung, combined with our scale, unmatched nationwide resources and experience allows us to offer major retailers and financial institutions in Australia a fully customized and advanced solution," said Customers Managing Director Tim Wildash.

Under the agreement, Customers will upgrade existing Coles Express ATM facilities, and will be installing ATMs at Coles Express sites that do not currently have ATM facilities. All ATMs, as part of the deal, will be branded in Coles Express livery and the installation program will run into mid-2012.

For more information on this topic, visit our service research center.

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