HOUSTON, Sept. 9, 2015 (GLOBE NEWSWIRE) — Cardtronics, Inc. (Nasdaq:CATM) today announced it has renewed its ATM services agreement with Target Corp. (NYSE:TGT). Cardtronics, the world’s largest retail ATM owner / operator, is the exclusive provider of ATM services for Target stores in the United States.
The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2001. Cardtronics currently owns and operates approximately 1,800 ATMs in Target stores located in all 50 states. All Cardtronics ATMs at Target stores participate in the company’s Allpoint Network, the world’s largest surcharge-free ATM network. Additionally, portions of Cardtronics’ portfolio of Target ATMs are now available to financial institutions interested in elevating brand awareness and surcharge-free access through the Cardtronics ATM branding program.
David Dove, president, North American Business Group, Cardtronics, said:
“Cardtronics’ renewed relationship with Target builds on nearly 15 years of success. We are pleased to continue this partnership and proud to be selected by Target to provide convenient cash access to their customers.”
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,799 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.
About Cardtronics (NASDAQ: CATM)
Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 113,500 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America’s most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders’ surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
|Media Relations||Investor Relations|
|Nick Pappathopoulos||Phillip Chin|
|Director – Public Relations||EVP Corporate Development & Investor Relations|
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