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Cardtronics, MoneyGram Partner on 7-Eleven Money Transfer

Tags » ATM, Cardtronics, Money Transfer, MoneyGram, Remittances  » Comments (0)

MoneyGram International and Cardtronics have announced that MoneyGram money transfer and ExpressPayment urgent bill payment services will be offered through 2,250 advanced-function ATMs located at 7-Eleven, Inc. convenience stores in the U.S. beginning in late 2008.

As part of a multi-year agreement, the financial self-service kiosks will facilitate money transfer and ExpressPayment urgent bill payment for walk-up customers without the aid of store personnel.

Currently located in more than 20 major metropolitan areas, the financial self-service kiosks facilitate automated money transfer or ExpressPayment urgent bill payment and dispense cash when receiving a money transfer at the terminal. Cardtronics has the exclusive rights to operate advanced function ATMs at select 7-Eleven stores through 2017.

“The addition of more than 2,000 7-Eleven locations to our network makes MoneyGram services more convenient in many neighborhoods and communities and gives consumers more choices for their money transfer and bill payment services,” said Dan O’Malley, senior vice president and president of the Americas for MoneyGram.

“Partnering with MoneyGram to provide money transfer and urgent bill payment services will greatly enhance the financial services on our advanced function ATMs,” said Rick Updyke, president of global development for Cardtronics. “We believe that the MoneyGram services give consumers who prefer convenient financial transactions the best value.”

Added O’Malley, “While the reach of 7-Eleven stores brings immediate convenience to our customers, a relationship with Cardtronics has added potential as we both have an interest in technology that simplifies financial transactions.”

MoneyGram service at the 7-Eleven advanced function ATMs will initially be offered in Arizona, California, Colorado, Delaware, Florida, Maryland, Oregon, Pennsylvania, Texas, Utah, Virginia and Washington.

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