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Global Axcess Continues To Gain Traction In New Business Development

Friday 27 February 2004 17:24 CET | News

Global Axcess has commented on numerous business development initiatives launched in mid to late 2003 as part of the Companys aggressive three-year growth strategy.Since fall 2003, Global Axcess and its subsidiaries have marked the following achievements: -- Signed five financial institutions to its Branded Cash Program, providing for 50 additional new ATMs to be added to its national network of branded sites -- increasing the total number of Branded Cash Program clients to 40; -- Extended Branded Cash Program client agreements from one to three years with three financial institutions, which collectively represent 100 branded ATM sites; -- Added branded sites to existing Branded Cash Program client agreements, increasing the total number of branded sites to 376 nationwide -- up 25% since the beginning 2003; -- Established new channel partners with Community Bank Connection and Credit Union 24; -- Sold 46 ATMs with associated financial processing agreements; and -- Acquired 900 merchant accounts in a $3.9 million asset purchase.

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Categories: Payments & Commerce | Payments General
Countries: World
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