Credit Unions signing up for Cashcard ATMs
The Maritime, Mining and Power Credit Union announced that it had signed a one-way card acceptance agreement with Cashcard, allowing its cardholders to use Cashcard ATMs with no direct charge. MMPCU, which has 22,000 members, already has access to the rediATM network. The new arrangement will give its members fee-free access to almost 7,000 ATMs. Cashcard has 5,500 ATMs and rediATM 1,400.
Cashcard is owned by the payment services company First Data. Senior vice president of sales and marketing at First Data Australia and New Zealand, John Tait, said that since the MMPCU deal was signed another four financial institutions have entered into negotiations for one-way card acceptance agreements with Cashcard. Cashcard has three institutions operating within its Feesmart sub-network.
Source: The Sheet