ATM Machine – Can anything stop Cardtronics?

By | August 7, 2015

ATM Machine Cardtronics

The ATM operator surged ahead in Q2 with lots of good news about earnings — and one piece of really bad news from 7-Eleven.

Source: www.atmmarketplace.com

After several years of uncertainty, Cardtronics got the news in early July that many industry-watchers expected: 7-Eleven will not to renew the U.S. contract with its long-time ATM operator when it expires in 2017.

This leaves two immediate questions:

  • “What impact will the loss of 17.5 percent of its income have on the world’s largest IAD?”
  • “What about non-U.S. 7-11 stores where Cardtronics still operates cash dispensers?”

In its Q2 earnings call last week, the company addressed both questions, but with some delicacy.

Author: Kiosk Industry

Kiosk manufacturer experience since 1993. Engineer for Verizon Bill Pay kiosks while at KIS in Colorado. Extensive device knowledge for printers, scanners, currency, PCI, ADA, touch screen technology, outdoor, biometrics such as fingerprint and IRIS. Runs and manages the current kiosk association, KMA. Works with U.S. Access Board on ADA and accessibility. PCI SSC participating organization. Member of National Retail Federation (NRF) and National Restaurant Association.