7-Eleven Customers Will Have Opportunity for Surcharge-Free ATMs
IRVING, Texas — 7-Eleven Inc. will provide surcharge-free ATM access at more than 8,000 U.S. locations through a multiyear agreement with MoneyPass, the card processing network of Elan Financial Services, and FCTI Inc.
"The addition of the 7- Eleven stores to the MoneyPass Network brings value to both organizations," said MoneyPass Network President Douglas Miraglia. "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 locations from the 87 million cards of the MoneyPass Network."
The Moneypass rollout will begin this month and continue through the second quarter of 2018.
"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 FCTI co-CEO Jeffrey Wernecke. "We are pleased to begin offering MoneyPass surcharge-free ATM access on FCTI's ATMs at 7-Eleven."
Based in Irving, 7-Eleven operates, franchises or licenses more than 62,000 stores in 17 countries, including 10,900 in North America.