Payment Alliance International (PAI), a US-based payment processing solutions provider, has signed an agreement with River City Bank to brand ATMs located in select Rite Aid stores at Louisville, Kentucky.

PAI has ATMs at more than 60,000 retail locations across the US, providing services for approximately 1,500 Rite Aid locations nationwide.

As part of the alliance, PAI will own and operate the ATMs which will be offered with River City Bank branding.

In addition, River City Bank customers will be provided with surcharge free ATM access to cash at select Louisville Rite Aid store locations from late December 2013.

PAI senior vice president, Gregory Mercer, said: "We are happy to have the opportunity to help River City Bank expand its local banking footprint at select Louisville area Rite Aid stores."