Long term ATM services agreement by Cardtronics and Kroger extended
An agreement to start a new, longstanding ATM service between Cardtronics, world’s leading ATM owner com operator and The Kroger Co., nation’s leading traditional grocery retailer, was declared in HOUSTON. Relationship between the two companies that was established in 2010 will be extended by the latest, longstanding agreement. Currently about 1,300 ATMs in the Kroger family of grocery and convenience stores which are spread across 32 states and 13 of Kroger Co.'s local banner names are owned and functioned by Cardtronics.
Most of the Cardtronics’s ATM service machines participate in Allpoint Network, the world’s leading surcharge-free ATM network and a completely owned subsidiary of Cardtronics itself and hence is the leading single provider of ATM services to the Kroger family of stores.
"With the extensive geographical reach of the Kroger family of companies, Cardtronics is individually capable, given the scale of its global functioning, of being a nationwide ATM services provider for many of our grocery and convenience stores. Cardtronics has helped us make favorable cash retrieve part of the Kroger shopping experience since 2010 and will continue doing so for many years to come," comments Kathleen Kelly, president, Kroger Personal Finance.
"Our successful six-year relationship with the Kroger family of companies has been a growth story. Cardtronics has grown to become the largest single provider of ATM services to Kroger stores and its several local banner names nationwide. We look forth to extend serving Kroger, including the store traffic we plan to operate with our surcharge-free Allpoint Network, which has expanded its Kroger footprint along with Cardtronics over the years," added Jonathan Simpson-Dent, chief commercial officer, Cardtronics. PWKD21112016
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