This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cardtronics Extended As Manager Of All Travelex ATMS In U.S.

HOUSTON, July 24, 2013 (GLOBE NEWSWIRE) -- Cardtronics (Nasdaq:CATM) today announced that Travelex has awarded the company a long-term contract extension, which reaffirms Cardtronics' role as exclusive manager of all U.S.-based Travelex ATMs—a fleet Travelex has grown significantly since the two companies first established a relationship in 2010. Travelex is the world's leading retail foreign exchange specialist and has been operating in the United States since 1989.

As the exclusive provider of ATM managed services to Travelex in the United States, Cardtronics operates and manages more than 430 Travelex-owned ATMs spread across 34 states plus Puerto Rico. In terms of exact placements, Travelex's U.S. ATM portfolio is synonymous with jet-setting and high-traffic locations, such as 15 international American airports, including the busy hubs of Atlanta and New York. Highlighting the growth of its ATM fleet, in 2011 Travelex became the exclusive provider of ATM services to hundreds of malls, shopping and outlet centers in the U.S.

At the airports, at the shopping centers and at all other locations, Cardtronics is responsible for operational aspects including processing, cash management and maintenance for every Travelex ATM in the United States.

"Since becoming the exclusive provider of ATM managed services to Travelex in the United States, Cardtronics has proven itself to be a valuable partner in helping Travelex develop high-profile ATM placement opportunities," said Jon Dario, president, Travelex Currency Services. "With its established ATM operating history, plus the lower costs that an ATM operator of their size and scale can achieve, Cardtronics has served Travelex's U.S. ATM fleet well, perhaps most notably in deploying hundreds of new ATMs for us at shopping centers across the nation last year."

"Over the last couple years, Cardtronics has significantly expanded the number of ATMs that we operate under managed services agreements, with a sizeable piece of that growth fueled by Travelex expanding its U.S. ATM footprint," said Rick Updyke, president, North America Business Group, Cardtronics. "As an owner, as an operator, as a transaction processor—Cardtronics supports the largest network of ATMs in the United States, which makes our company a perfect choice as the long-term ATM managed services partner for Travelex."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,039.49 +60.36 0.36%
S&P 500 1,992.37 +5.86 0.30%
NASDAQ 4,532.1040 +5.6220 0.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs