MINNEAPOLIS (August 1, 2017) – MoneyPass and FCTI Inc. have reached a multi-year agreement for the MoneyPass Network to provide surcharge-free access at more than 8,000 7-Eleven locations in the United States. Beginning August 2017, MoneyPass access will be rolled out across ATMs in approximately 8,000 7- Eleven stores nationwide. The ATM roll out is expected to continue through Q1 2018. At the completion of the roll out, MoneyPass will have an estimated 33,000 surcharge-free ATMs in the United States.
“The addition of the 7- Eleven stores to the MoneyPass Network brings value to both organizations,” said Douglas Miraglia, President of the MoneyPass Network. “MoneyPass card issuers can promote the expansion of convenient surcharge-free ATM access to their cardholders. And 7- Eleven looks to increase foot traffic to their location from the 87 million cards of the MoneyPass Network.”
“Partnering with MoneyPass aligns with our focus of delivering ATM programs that provide incremental value and increase foot traffic to our customer’s locations.” said Jeffrey Wernecke, Co-CEO of FCTI. “We are pleased to begin offering MoneyPass surcharge-free ATM access on FCTI’s ATMs at 7-Eleven.”
MoneyPass is a network of Elan Financial Services, one of the nation’s leading providers of comprehensive ATM and debit card processing solutions for financial institutions, Independent Sales Organizations (ISOs), and retailers. MoneyPass provides surcharge-free access at 25,000 ATMs across the United States, allowing cardholders to access their money where they live, work, and travel. With more than 1,700 participating organizations and 87 million active cards, the MoneyPass Network places an emphasis on cost-efficient membership options, flexible terms, and accessible locations. MoneyPass cardholders can easily locate MoneyPass ATMs by visiting the online ATM locator at www.moneypass.com. For more information, call 1-800-343-7064 or visit www.moneypass.com.
About FCTI, Inc.
FCTI is a leading nationwide ATM Network and Service Provider. Since 1993, the nation's largest banks, retailers and hospitality brands have relied on FCTI to grow their revenues with ATMs. With a focus on customer service, FCTI enables companies to drive additional revenue without upfront investment in hardware, ensuring a full-service approach that reduces the cost and hassle associated with maintenance, cash management and ATM compliance. Learn more at http://www.fcti.net.