Foreign exchange specialist, Travelex has
chosen Cardtronics to manage all its ATMs across the U.S.
Under the terms of the multi-year agreement,
Cardtronics will provide comprehensive ATM services including
transaction processing, cash management, cash replenishment,
monitoring and maintenance.
“Travelex is the most respected name in
foreign currency exchange, and as such, required a partner that
could manage its ATM network to the highest standards and protect
the valuable Travelex brand in the financial self-service space,”
stated Rick Updyke, president of Global Development for
Cardtronics. “We at Cardtronics are extremely pleased to have been
chosen by Travelex to provide a complete ATM turnkey management
solution for their high-traffic U.S.-based ATM estate, and we look
forward to many years of service and innovation together.”
“Cardtronics provides a truly unique
single-source ATM management offering backed up by the expertise
that only the largest ATM network owner in the United States can
legitimately provide,” said Dan Gilby, global head of Self Service
(ATMs). “Our partnership with Cardtronics will allow Travelex to
provide our customers with improved ATM availability, security and
services while saving Travelex time and money that can be focused
on our core business offerings.”
It is expected that the conversion of the
Travelex ATM portfolio over to the Cardtronics platform is to be
completed by the end of this year’s second quarter.
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