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August 27, 2009

Cardtronics Enters ATM Market In Puerto Rico

With its new retail brand customer, To Go Stores

By CBR Staff Writer

Cardtronics has entered the Puerto Rican ATM market with its new customer in the country, To Go Stores. Cardtronics will install ATMs in 11 of the 26 To Go Stores locations in Puerto Rico, with the expectation of placing ATMs in the remaining 15 To Go Stores during 2010.

Jorge Fernandez, senior vice president at Cardtronics, said: “We are very pleased to be entering the Puerto Rican market, but we are even more pleased to be doing so with such a strong launch partner as To Go Stores. To Go Stores is highly respected throughout Puerto Rico as one of the top convenience and fuel retailers on the island. By partnering with such a respected retail brand in Puerto Rico, Cardtronics continues to execute its strategy of placing ATMs with established, influential multi-unit retailers that lead their categories.”

Brian Archer, chief marketing officer at Cardtronics, said: “Entering Puerto Rico is a natural extension of our continued efforts to enter profitable new markets outside of our core US operations. As a market, Puerto Rico holds great promise with its strong economy, vibrant tourism trade, and close connection to the United States.”

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