"With this new ATM program, we can offer greater value to our guests by offering many of them surcharge-free withdrawals at our ATMs," John Fisher, senior vice president of marketing for The Pantry, said.
"Select-A-Branch has proven to dramatically increase both ATM transaction volumes and in-store foot traffic. With the new ATMs, we expect to be able to deliver branded, surcharge-free ATM transactions to the cardholders of more than 4,000 financial institutions, representing well over 50 million cardholders," said Richard Stern, president and CEO of Access to Money.
"Our proprietary software solutionallows ISOs (independent sales organization) and merchants to deploy ATMs that are capable of delivering individually branded transactions to the cardholders of an unlimited number of different financial institutions," added Daniel Gardner, president and CEO of Select-A-Branch.
Cherry Hill, N.J.-based Access to Money has approximately 10,700 terminals under contract. Its customers range from national specialty stores, retailers and credit unions to individual convenience stores, located throughout all 50 states. Access to Money also provides student loan outsourcing services to university credit unions nationwide.
Headquartered in Cary, N.C., The Pantry is a leading independently operated convenience store chain in the southeastern United States and one of the largest independently operated convenience store chains in the country. As of December 14, 2010, it operated 1,672 stores in 13 states under select banners, including Kangaroo Express, its primary operating banner. The Pantry's stores offer a broad selection of merchandise, as well as fuel and other ancillary services.
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