Partners with Better ATM Services
MESA, AZ (October 15, 2007) Better ATM Services, a company with patented technology that enables the dispensing of prepaid gift cards from ATMs, has announced that Diebold, Incorporated will be the first ATM manufacturer certified to offer this new technology. After several months of testing, Better ATM Services has certified that Diebold ATMs can dispense Better ATM’s specified media cards using existing equipment with no add-on devices. This means that the new technology enables existing ATM machines to dispense prepaid cards to their customers through offered cash trays.
Said Diebold Global Development and Services Senior Vice President Charles E. Ducey, “Better ATM Services’ technology breathes new life into legacy ATMs and ushers in a new era of ATM dispensing technology. Diebold is proud to be the first manufacturer certified to offer this opportunity to its customers.” Better ATM Services’ technology runs on all of Diebold’s ix, iSeries, and Opteva ATMs.
“We are honored to have an industry leader like Diebold on our team at this early stage of the marriage of two industries - the ATM and prepaid industries. Better ATM Services’ technology will enable ATM independent sales organizations (ISO), retail outlets, prepaid platform providers, prepaid distribution firms, transit organizations, event and entertainment management industries, amusement parks and other venues as well as financial institutions to profitably expand their services to consumers with our new offering,” says Thomas E. Honey, Better ATM Services’ Chief Development and Marketing Officer and payment processing industry veteran.
About The Prepaid Gift Card Industry
Prepaid, stored value cards are a recent phenomenon in America and are spreading rapidly around the world. Gift cards make up the largest segment of prepaid cards and are a more convenient gift alternative to manage ongoing purchases without being limited to the amount of cash a consumer carries. The TowerGroup estimates that approximately $80 billion was spent on such cards in 2006 equating to an estimated 4.3 billion cards. Industry experts forecast the overall amount of prepaid card sales to more than double this year.
Source: Better ATM Services (www.betteratm.com)




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