The Expanding ATM Network

by RaeAnne Marsh

Briefs_Allpoint-ATMAllpoint recently added QuikTrip as a retail partner to serve the Phoenix area. The company works with banks and credit unions to provide surcharge-fee ATMs to the institutions’ customers at convenient, premier retail locations — the kind of well-known and trusted retail brand names that are already part of people’s daily routines.

Financial institutions are moving to a self-service model where account holders can manage many of their day-to-day banking needs with mobile tools on their smart phones as well as online, notes Bill Knoll, managing director of the Allpoint Network. “But what about cash access?” he asks. “You can’t do that on a smartphone, and with self-service comes fewer branch visits and customers increasingly expecting to be able to access their cash whenever and wherever they want — and without having to pay a surcharge fee.”

Allpoint addresses this trend by offering banks, credit unions and prepaid card programs a way to instantly and cost-effectively meet this demand by offering their members thousands of surcharge-free ATMs, conveniently located at premier retailer locations. Additionally, Allpoint offers its members value-added customer outreach programs, such as the recent “Welcome to Feenix” campaign that aimed to inform residents and visitors of free events and activities throughout the city (while promoting its ability to “nix” ATM fees), and the “Clutch Cash Sweepstakes” it ran last summer.

The 100-plus QuikTrip locations, added to existing ATMs in CVS, 7-Eleven, Costco, Safeway and Target stores, bring the total of the Allpoint Network’s surcharge-free ATMs in Greater Phoenix to more than 330, and 55,000 worldwide.

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