Cardtronics to Operate ATMs for 24 Pump & Pantry Locations
November 2, 2010 in Cardtronics
HOUSTON, Oct 27, 2010 (GlobeNewswire via COMTEX News Network) — Bosselman Inc., a leading owner and operator of convenience stores and travel centers throughout the Midwest, and Cardtronics, Inc. (Nasdaq:CATM) have reached an agreement for Cardtronics to provide ATM services at 24 of Bosselman’s 42 Pump & Pantry convenience stores. Located in Nebraska, the Pump & Pantry stores provide consumers with a wide range of convenience products and services.
Under terms of the deal, Bosselman will own and maintain the 24 ATMs, which are being purchased from Cardtronics, while Cardtronics will provide ATM Managed Services, including transaction processing through its company-owned processing network.
“Providing cash to our Pump & Pantry customers is a valuable service they have come to rely on, so when we took a look at our ATM program we knew we needed to work with a superior ATM operator,” said Charlie Bosselman, President of Bosselman. “Cardtronics proved it has the systems, capabilities and experience to operate our ATM program at the highest level.” Read the rest of this entry →