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Allpoint APTUS forge agreement on surcharge-free ATMs
BETHESDA, Md. (2/28/11)--ATM network operator Allpoint has entered into an agreement with ATM operator APTUS Financial, Portland, Ore. The agreement provides Allpoint’s 1,100 member issuers and more than 25 million card holders with access to about 1,000 surcharge-free ATMs in 20 states. “Continuing to increase the scale and density of surcharge-free access provides our member banks and credit unions with a strong convenience message to their cardholders and allows our member prepaid issuers to compete more effectively for new business,” said Ben Psillas, president of Allpoint. “The ability of Allpoint to drive traffic to ATMs and the retail locations where they are placed is well proven,” said Rick Holt, president of APTUS Financial. “Allpoint puts significant effort into driving network value through its mobile ATM locator apps, online tools, financial-institution marketing and other initiatives. This makes Allpoint an ideal partner for APTUS as we look to increase transaction volumes across our portfolio.”


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