News
Circle K, Cardtronics ink ATM processing deal
January 22, 2008
HOUSTON — Circle K has signed with Cardtronics Inc. for the processing of all of ATM transactions for Circle K-owned and operated ATMs in the Midwest and Great Lakes regions.
According to a news release, Cardtronics began developing its own proprietary ATM transaction-processing network in 2006. In addition to the Circle K ATMs, Cardtronics processes transactions for 14,000 Cardtronics-operated ATMs. All remaining Cardtronics ATMs will transition to Cardtronics' in-house processing network during 2008.
"Cardtronics' processing network allows us to provide additional value to our merchant customers, maintain tighter control over the consumer experience, and provide new value-added services that will benefit consumers and Cardtronics' merchant customers alike," said Jerry Garcia, Cardtronics' chief information officer. "Through our processing network, Cardtronics can provide service for any ATM, even when not owned and operated by Cardtronics."
Banking Executive SummaryTrends / StatisticsDistributors / ISO / IADTransaction ProcessingRetail / Off-PremisesEFT NetworksOtherNorth AmericaBank / Credit Union
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