ATMs to be placed in over 300 Walmart-subsidiary stores trading as Game, Cambridge, Makro, Rhino, Jumbo, Builders and others
Cape Town, South Africa, 29 October, 2018 – Shoppers at Massmart Group companies including Game, Cambridge, Makro, Rhino, Jumbo and Builders stores will now have additional and consistent access to convenient cash with in-store ATMs through an agreement concluded between Massmart, South Africa’s second largest retailer group, and Spark ATM Systems, the premier independent ATM deployer in South Africa and a subsidiary of Cardtronics.
Spark will become the primary provider of bank-branded turnkey ATM installations including terminal driving, processing, monitoring, cash replenishment and maintenance of ATMs at more than 300 Massmart group stores.
“We know we can count on Spark’s nationwide scale and extensive experience in working with diverse retailers to streamline our customers’ shopping experience,” said Gerhard Hayes, Group Financial Services Executive at Massmart which is owned by global retail giant Walmart. “From store to store, our customers will enjoy the same easy access to their cash using the best ATM technology and highest customer service levels in the South African ATM market.”
“Consumers appreciate the convenience of being able to accomplish multiple tasks in one place, such as withdrawing cash while they shop,” said Spark ATM’s Managing Director Marc Sternberg. “We are excited to aid Massmart in providing their customers with additional convenience as well as secure access to cash across the Massmart group stores.”
ATM deployments will commence in November 2018 and will be installed into the majority of Massmart stores within twelve months.
Massmart, Africa’s second largest retail group, with annualised sales of R90.6 billion, comprises four divisions operating in 425 stores across thirteen sub-Saharan countries. Through their widely recognized and differentiated retail and wholesale formats, they have leading shares in the General Merchandise, Liquor, Home Improvement and Wholesale Food markets. Their key foundations of high volume, low cost and operational excellence enable their price leadership.
About Spark ATM Systems
Spark ATM Systems is the premier independent ATM deployer in South Africa, installing and operating industry-leading ATM equipment to service the South African banking and retail ATM market. It has been a wholly owned subsidiary of Cardtronics plc (Nasdaq:CATM) since January 2017. Based in Cape Town, Spark operates a growing network of approximately 3,850 ATMs located across South Africa, processing millions of transactions each month. The company has a proven track record of providing innovative solutions for large and small retailers, financial institutions and independent merchants whose customers want quick, convenient and affordable access to their cash. For more information about Spark, visit www.sparkatm.co.za.
About Cardtronics (Nasdaq: CATM)
Making ATM cash access convenient where people shop, work, and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs, and the customers they share. Cardtronics provides services to approximately 230,000 ATMs in North America, Europe, Asia-Pacific, and Africa. Whether Cardtronics is driving foot traffic for top retailers, enhancing ATM brand presence for card issuers, or expanding card holders’ surcharge-free cash access, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.