Stagnito Media Convenienece Store News Convenienece Store News Single Store Owner Progressive Grocer The Gourmet Retailer Progressive Grocer Store Brands Retail Leader hispanic
 
SUBSCRIBE TO E-NEWSLETTER SUBSCRIBE TO E-NEWSLETTER
Jan 11, 2012

New Pilot Program Dispenses Visa Gift Cards From ATMs

PrintNew Pilot Program Dispenses Visa Gift Cards From ATMs  

SAN FRANCISCO -- Visa Gift Cards may soon be dispensing from an ATM near you. The credit card company is partnering with Better ATM Services to test offering its gift cards at the automatic money machines.

An in-market pilot program is currently underway offering Visa Gift Cards at walk-up and drive-thru ATMs in select locations throughout Arizona. Credit Union West, MariSol Federal Credit Union and Pinal County Federal Credit Union are participating in the pilot program, according to a press release.

"Our participation in this pilot with Better ATM Services and three Arizona credit unions is part of our ongoing commitment to supporting prepaid innovation and expanding access to Visa prepaid products; delivering value to our financial institution clients, consumers and merchants," said Hyung Choi, head of US Prepaid, Visa Inc.

Mesa, Ariz.-based Better ATM Services conceived the patented technology that enables the secure and convenient sale of prepaid cards through ATMs, and its CEO CEO Todd L. Nuttall said this is just the first step.

"When ATMs were first introduced in the 1970s, consumers began a love affair with the very best in time and place convenient banking services and today we continue to expand those benefits through new innovations. We are working with ATM manufacturers, independent sales organizations and financial institutions to make ATM-dispensed gift cards a common offering at ATMs throughout the country," Nuttall said.

The menu screens of the ATMs participating in the pilot program include a "Purchase Visa Gift Card" option and prompt the user to designate the value to load on each card. Cards are available with no activation fee in $25 denominations during the pilot. The new ATM-dispensed Visa Gift Card is made of a durable yet thinner material, which allows the cards to easily pass through the cash mechanisms of ATMs.

 






Find Reports & Data

CSNews 2009 Foodservice Study

Foodservice sales rose 7.7 percent on a per store basis in 2008, and prepared foods led the way with a 9.1 percent sales gain per store, according to Convenience Store NewsĂ˝ 2009 Foodservice Study.

CSNews 2010 Industry Forecast Study

CSNews' 8th annual Forecast Study includes a macroeconomic projection of market conditions in 2010 and the impact they will have on sales and growth of key convenience store categories: motor fuel, tobacco, malt beverages, confectionery, and snacks.

CSNews' 2009 Industry Report Study

Industry sales climbed 11.4% to an all-time high of $633.9 billion last year, according to the Convenience Store News 2009 Industry Report, the longest-running compilation of sales and operational results in c-store retailing. 40 pages, including 69 charts.

CSNews' 2009 Realities of the Aisle Consumer Study

Food quality and in-store execution greatly impact a consumer's choice to purchase and consume prepared food from a convenience store, according to the new Realities of the Aisle consumer research study conducted by Convenience Store News, in partnership with Nielsen Homescan. Study is 11 pages and includes 14 charts.


Today's New Product


Telvent DTN Fuel Admin
DTN Fuel Admin is a unique dashboard solution designed to improve the bill-to-cash cycle for fuel marketers.
Events + Webcast
Participate in
LIVE and ON-DEMAND
presentations of
convenience store industry research
from your desktop.
Stagnito Media
570 Lake Cook Rd, Suite 310
Deerfield IL 60015
Ph: 224-632-8200
Fax: 224-632-8266

Privacy Policy
Print / Electronic Media
Convenience Store News
CSNews for the Single Store Owner
Progressive Grocer
Progressive Grocer's Store Brands
The Gourmet Retailer
Retail Leader
Marketing Guidebook
Directory of Convenience Stores
Events
Hispanic Retail 360

Custom Media