ATM participation and marketing relationship with FCTI, Inc. delivers surcharge-free account access for Axiom Bank cardholders at more than 8,000 7-Eleven stores.
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Topics: surcharge-free transactions, atm marketing, digital marketing, atm branding, bank ATMs, press release
Advanced, turnkey ATMs are now online and operational – offering easy account and cash access for consumers at over 7,900 locations throughout the US.
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Topics: retail atm security, ATM users, surcharge-free transactions, atm marketing
Continuing growth in use of smartphones, debit cards, and credit has made “cashless” into a buzz word in western culture. Enthusiasm for this currency-free future is spurred further by hype surrounding digital coins, Sweden’s attempts at eliminating the kronor, and a recent uptick in restaurants in the United States switching to a cash free model. Following this lead, some banks and credit unions are also eyeing a gradual elimination of cash use.
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Topics: ATM users, surcharge-free transactions, atm marketing
It’s no secret that banks and credit unions are changing the ways they provide services to their account holders – pushing for less expensive service channels such as web portals, mobile applications, and ATMs. As a result, the number of available bank branches has dropped over forty percent (40%) since 1980, according to a recent study Teller Line Study from FMSI. Now, most U.S. consumers still choose to get their cash from an ATM – often loading up on cash five or more times per month. Financial Industry experts, citing the change to bank retail delivery, predict a focus on increasing ATM availability – resulting in a significant push for banks and credit unions to find ways to offer surcharge-free transactions.
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Topics: ATM users, surcharge transactions, grow foot traffic, surcharge-free transactions
A new industry trend report shows a marked preference among consumers for fee-free ATM access. In fact, seventy-nine percent (79%) of respondents stated surcharge-free (SF) is “very important” or “essential” for their banking needs. Fee-free ATM access was even more important to survey respondents than nearby branches.
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Topics: surcharge transactions, grow in-store revenues, surcharge-free transactions