News
Australia's ATM direct charging expected to help ATM ISO Customers Ltd.
November 13, 2008
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.
Distributors / ISO / IADRetail / Off-PremisesOutsourcingPublic CompaniesAsia, Australia & PacificBank / Credit Union
Related Media
Subscribe
Get the latest news and resources from ATM Marketplace.
Recent Posts
Nymeo Federal Credit Union wins recognition as 1 of the best workplaces in Maryland
ParaScript intros verification solution for checks
SEC accuses former ATM businessman Daryl Heller of funneling $185M from investors
Fifth Third named as top veteran friendly employer
DC AG sues Bitcoin ATM operator Athena Bitcoin for allegedly exploiting scam victims
