Card Capture Services, Inc. a leading independent ATM provider in the U.S., announces its expansion into international markets. The company has hired a Director of International, and established satellite business offices in Montreal, and Mexico City under the names CCS Canada and CCS Mexico respectively.
Consumer demand for convenient access to cash is particularly acute in developing countries where banks are limited and the majority of transactions are cash based. The rate of new ATM deployments is increasing in the U.S. and the world, with the international market for new ATMs outpacing U.S. growth.
According to Dave Granco, president and CEO of Card Capture Services, âCCS has successfully developed a market for independent ATMs in the U.S. We believe this expertise will translate in other countries. The worldwide demand for convenient, safe access to cash is clear, and we now have the infrastructure in place to go forward.â
Opening of Canadian Market Prompts Expansion
Due to changes in Canadian legislation enacted this year, for the first time, non-bank companies have been able to deploy ATMs in Canada. Canada is a traditional first step for U.S. companies expanding internationally. According to David Cheveallier, director of international for CCS, âthe opening of the Canadian market coincided with our interest in expanding internationally. The timing was right.â Card Capture Services opened CCS Canada in Montreal in third quarter 1997. The office is staffed by three Canadians.
Established Mexican Company Joins CCS
CCS purchases privately owned Mexico City-based company, SEISA, in fourth quarter 1998. Under the new name CCS Mexico, the company will lead development of the emerging independent ATM market in Mexico. The company is staffed by 8.
Patricio Mangino and Manuel Mangino, formerly of SEISA, will lead CCS Mexico. Both possess over 20 years experience in the ATM and banking industries in Mexico. Most recently they have been leading distributors for Diebold Inc. and Triton Systems ATMs in Mexico.
One of the first independent ATM companies in the U.S., Portland, Oregon-based CCS has pioneered convenient cash access since 1993. Today CCS is a leading U.S. ATM provider with 6,200 ATMs nationwide. The company offers turn-key ATM programs to a growing base of retailers, banks and entertainment venues in North America. For more information about CCS, visit the companyâs web site at [www.CCSExpress.com].