Better ATM Services, a company that enables the sale of gift and prepaid cards through ATMs, has signed an agreement with Express Teller Services, a company that provides products to bankcard services and financial institutions, that makes Express Teller a reseller of Better ATM’s products, the company announced.
Express Teller Services becomes the exclusive reseller for credit unions in Arizona through the reseller accord. The pact builds upon the strong partnership between Better ATM Services and Express Teller Services, which began when Express Teller Services piloted Better ATM Services’ pioneering, patented technology with Arizona-area credit unions.
According to the press release, as a result of the agreement, First American Credit Unions will host cashless ATMs at three locations one each in Southern Arizona, Northeast Arizona, and New Mexico. The cashless ATMs demonstrate how the machines can be used by banks and credit unions to provide self-service opportunities for customers and deliver more than simple cash transactions.
-Overview by Ben Jackson, Senior Analyst, Prepaid Advisory Service.
Source: http://www.paymentsjournal.com/Content/Featured_Stories/18653/