BETHESDA, Md., Oct. 18, 2010 (GLOBE NEWSWIRE) -- Allpoint Network, a Cardtronics, Inc. affiliate (Nasdaq:CATM) and the operator of the largest surcharge-free ATM network, has entered into a partnership with Customers Limited (Customers), the largest owner/operator of ATMs in Australia, to expand Allpoint by more than 5,000 locations. With the additional coverage, Allpoint now provides global surcharge-free access to over 40,000 ATMs across three continents. The Customers ATMs, which represent approximately 20% of all ATMs in Australia, will carry the Allpoint logo and will be surcharge-free for both United States and Australian participating financial institution cardholders.
The Allpoint solution allows participating financial institutions (Allpoint Members) to provide surcharge-free cash access to its cardholders at ATMs located in convenient retail locations, in a cost effective manner. At the same time, Customers will continue to receive convenience fees (known as 'Direct Charging' in Australia) from cardholders whose financial institutions are not Allpoint Members.
"The introduction of ATM surcharging (Direct Charge) in Australia in 2009 has presented a natural opportunity for Allpoint to expand its global surcharge-free footprint," said Ben Psillas, Founder and President of Allpoint Network. "The partnership with Customers brings together two industry leaders to provide Australians unprecedented surcharge-free access, while expanding and enhancing the convenience and value of Allpoint for existing Allpoint Members."
"Customers is delighted to be Allpoint's provider of choice in Australia as they look to expand their global surcharge-free ATM network outside of the United States and the United Kingdom," said Tim Wildash, Customers' Managing Director. "This partnership provides further recognition of the class leading service that the Customers' network provides and demonstrates the type of innovation which the company aims to continue to bring to the Australian market. Cardholders of financial institutions that choose to join Allpoint will have unprecedented ATM access across Australia through the Customers' network without paying a Direct Charge."
About Allpoint
Allpoint is the largest surcharge-free ATM network with 40,000 ATMs in leading national and regional merchant locations across the United States, United Kingdom, and Australia. Allpoint provides greater access, convenience and savings to customers of financial institutions while providing such institutions the tools to compete more effectively for customers. For more information or to find the nearest Allpoint surcharge-free ATM, please visit: www.AllpointNetwork.com.
The Allpoint Network logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2368
About Customers
Customers is listed on the Australian Securities Exchange (ASX:CUS) and operates Australia's largest fleet of ATMs across Australia, which are contracted to merchants. The company's fleet contains a range of Customers and bank branded ATMs, including Citibank, St George Bank, Bendigo and Adelaide Bank, and Arab Bank of Australia. Customers prides itself on achieving industry leading network uptime, providing advanced hardware from leading global manufactures and ensuring best practice in service provision. The company is quality certified to ISO 9001: 2008. Please visit www,customersatm.com.au for additional information.