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Postbank Customers Get Improved Access to Their Cash through Cardtronics ATMsTRIER, Germany, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Approximately 13 million Postbank customers will now have free-of-charge access to Cardtronics Deutschland ATMs, thanks to a first-of-its-kind agreement. Postbank today revealed that it has signed an agreement with Cardtronics, the world’s largest independent ATM deployer. As part of the relationship, Postbank’s Girocard holders benefit from surcharge-free cash withdrawals at over 650 Postbank-branded Cardtronics Deutschland ATMs across the country. According to PYMNTS.com research sponsored by Cardtronics, Germany is one of the most cash reliant advanced economies in the world. Cash is the dominant payment choice for many German citizens, who express a strong preference for cash as a payment mechanism. In fact, according to a study by the European Central Bank, the average German wallet is likely to contain nearly twice as much cash as one in Australia, The Netherlands, France or the USA. Radenko Krpelj, Executive Director, Cardtronics Deutschland said “This is a landmark agreement with one of Germany’s leading private banks. The agreement brings greater convenience to Postbank's 13 million customers by granting them free access to over 650 of our ATMs which we are co-branding with the Postbank logo. The good news is that we will continuously grow this network. Cash plays a vital role in the lives of German consumers and many businesses rely on cash transactions to survive. We know that 40% of cash withdrawals at ATMs are spent directly back in stores in the area, so this partnership with Postbank has advantages for everyone.” Susanne Klöß ostbank Executive Board member, said "Our customers attach great importance to a comprehensive and convenient cash supply and so, counter to the general market trend, we are continuing to invest in our ATM network. We firmly believe in the importance of delivering nationwide access to Postbank banking products and services for our customers. This partnership with Cardtronics Deutschland is one further component of this strategy as we continue to invest to meet our customers' needs through the provision of smart solutions whilst keeping an eye on the efficiency of our network.” About Postbank: About Cardtronics Deutschland: About Cardtronics (Nasdaq: CATM) Contact Information:
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