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TxVia Adds Allpoint Network to its 3rd Party Offerings

Mercator Advisory Group by Mercator Advisory Group
January 19, 2012
in Analysts Coverage
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Prepaid cardholder access to cash through free ATM access is a requirement for several prepaid segments. TxVia has added the Allpoint Network to its list of 3rd party offerings, making it easy for program managers that process with TxVia to offer free ATM access to cardholders.

“BETHESDA, Md., Jan 18, 2012 (GlobeNewswire via COMTEX) — Allpoint Network, a Cardtronics, Inc. affiliate CATM +2.30% , and operator of the largest surcharge-free ATM network, today announced a partnership with TxVia, Inc. resulting in Allpoint Network access being added to the a la carte menu of third-party services offered by TxVia, which provides the most advanced operating system to enable emerging payments and financial services. Through this partnership, program managers looking to TxVia for transaction processing can open the Allpoint Network to their cardholders, making surcharge-free cash access a reality at over 43,000 ATMs located at America’s most relevant retailers across the United States and beyond.”

It would appear that the initial integration was prompted by the needs of Systems & Methods, Inc. (SMI), a company that works with over 160 agencies across 22 states:

“Systems & Methods, Inc. (SMI) was one of the first TxVia clients to enhance their prepaid card programs with surcharge-free cash access for cardholders at Allpoint Network ATMs. Since 1971, state and local government agencies have looked to Georgia-based Systems & Methods, Inc. (SMI) for a variety of technology-driven process efficiency services, including solutions for payments and financial systems. Having formed relationships with 22 states and over 160 agencies, SMI manages the prepaid card programs for two states. The smiONE prepaid card programs facilitate electronic disbursements to un- and under-banked recipients. Surcharge-free cash access at Allpoint Network ATMs is available to smiONE cardholders”

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Tags: Prepaid
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