Cardtronic’s Allpoint surcharge-free ATM network will begin offering deposit-taking capabilities at more than 2,500 of its domestic ATMs nationwide by the end of the year.
The new functionality will enable cardholders at participating financial institutions to deposit checks and cash directly into select ATMs without using envelopes or deposit slips. With this addition, the surcharge-free Allpoint ATM network will facilitate both cash-in and cash-out transactions – enabling consumers to manage even more of their banking needs at convenient retail locations.
Bill Knoll, executive vice president, Financial Institutions Products Group, Cardtronics, said: “Allpoint’s surcharge-free ATMs, fixtures in many of America’s most well-known retailers, have always enabled financial institutions to offer their cardholders the convenience of an expanded ATM network without sending their customers to competing financial institution branch locations. With the introduction of this deposit capability, Allpoint adds even more value to these surcharge-free ATMs, meeting consumers in retail stores that are part of their daily routine.”
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