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Better ATM closes first round of funding for dispending gift cards at ATMs
November 13, 2007
MESA, Ariz. - Better ATM Services, a company with patented technology that enables the dispensing of prepaid gift cards from ATMs, has announced that it closed its first round of funding for a total of $1.02 million. Better ATM Services' officials say they also are on their way to opening another round of funding immediately.
"Better ATM Services' patented process marries two industries - the established ATM industry with the exploding gift card industry - creating a marriage of convenience for consumers and merchants," said Todd Nuttall, CEO of Better ATM Services.
Better ATM Services enables ATM independent sales organizations, prepaid platform providers, prepaid distribution firms, transit organizations, event and entertainment venues, amusement parks as well as financial institutions to securely deliver prepaid cards to consumers.
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