Better ATM Services

Dec 06 2013
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ATM Marketplace: Better ATM, Express Teller forge reseller agreement

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Better ATM Services, a developer of value-added services for the ATM and prepaid industries, and Express Teller Services, a provider of EFT financial service products for financial institutions and retailers, have inked a reseller agreement that will allow third party ISOs and IADs to offer their customers ATM-dispensed Visa gift cards and other prepaid products by Better ATM.

The accord makes Express Teller Services the exclusive reseller for Better ATM products to credit unions in Arizona, and builds upon a partnership between the two companies that began when Express Teller Services piloted Better ATM’s patented technology with Arizona-area credit unions, said a press release from Better ATM. Read More

Feb 22 2013
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Payments Journal: Better ATM Services Previews New Research on ATM Use and Prepaid Users

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Fifty-six percent of credit union members purchase prepaid products, but only 5.6 percent purchase them from their credit union. With more than half going elsewhere to make their prepaid purchases, credit unions are only seeing 1 out of 20 of their customers buying their prepaid products. The data show consumer preferences on where to purchase their prepaid products boils down to convenience.

The findings come from new research commissioned by Mesa, Arizona-based Better ATM Services, a technology innovator in the ATM and prepaid industries. Better ATM Services CEO Todd Nuttall offered an initial look at a few key findings, which he said underscores the very strong correlation between ATM usage and prepaid users, during a presentation at this week’s ATMIA’s U.S. Conference 2013.  Read More

Dec 12 2012
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ATM Marketplace: NASA FCU ATMs Now Dispensing Visa Gift Cards

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NASA Federal Credit Union has announced the introduction of ATM-dispensed Visa gift cards at select branches in Maryland, Virginia and the District of Columbia. The new service, unveiled just in time for the holiday shopping season, allows credit union members to purchase gift cards right at the ATM with ease and security, the FCU said in its announcement.

The cards are the product of Better ATM Services, which owns the card format. The gift cards are dispensed directly from the cash tray and are accompanied by coupons that provide consumers with an added incentive for card purchase. The cards can be used wherever Visa gift cards are accepted. Read More

Dec 06 2012
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Phoenix Business Journal: Mesa Company Lets You Buy Gift Cards from ATMs

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Mesa-based Better ATM Services has introduced new technology to allow people to purchase prepaid gift cards from an automated teller machine.

The company has launched the myGIFT One Card Many Choices Discover Prepaid Card, which is being rolled out as part of a pilot program through 11 Banner Federal Credit Union ATMs across Arizona.

Better ATM Services provides patented technology to ATM owners and operators that allow their machines to dispense gift cards similar to cash. Read More

Dec 05 2012
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PaymentsSource: Not All Prefer Open-Loop Prepaid, Better ATM Sees in Gift Card Test

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Better ATM Services offers open-loop Visa prepaid cards through ATMs, but such one-size-fits-all cards don’t appeal to all consumers. To appeal to shoppers who prefer closed-loop gift cards, Better ATM is testing cards that work at nine merchants.

The myGift Discover-branded card is undergoing trials this quarter at Banner Federal Credit Union machines at 11 locations in Arizona and should become widely available in the first quarter of next year, says Todd Nuttall, Better ATM’s chief executive.

“You have a massive prepaid-type gift card market,” he says. “We know that half the people go for open-loop and half the people like to have particular brands.”

Consumers can redeem the cards in the test at Macy’s, Lowe’s, Express, Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Roy’s Hawaiian Fusion Cuisine, Fleming’s and Cabela’s.

“A lot of people really do like a combination of key brands,” Nuttall says.

The card differs from the Visa-branded open-loop gift card that Mesa, Ariz.-based Better ATM introduced about a year ago. The earlier card was good anywhere Visa is accepted, unlike the myGift card which is redeemable only at certain stores. Read More

Dec 05 2012
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ISO & Agent: ATMs Dispense Prepaid Cards Redeemable at Multiple Retailers

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Better ATM Services is testing a Discover-branded, ATM-dispensed prepaid gift card that consumers can use at any of nine retail chains and restaurants.

The myGift card is undergoing trials this quarter at Banner Federal Credit Union machines at 11 locations in Arizona and should become widely available in the first quarter of next year, says Todd Nuttall, Better ATM’s chief executive. Read More

Dec 05 2012
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PaymentsSource: ATMs Dispense Prepaid Cards Redeemable at Multiple Retailers

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Better ATM Services is testing a Discover-branded, ATM-dispensed prepaid gift card that consumers can use at any of nine retail chains and restaurants.

The myGift card is undergoing trials this quarter at Banner Federal Credit Union machines at 11 locations in Arizona and should become widely available in the first quarter of next year, says Todd Nuttall, Better ATM’s chief executive.

“You have a massive prepaid-type gift card market,” he says. “We know that half the people go for open-loop and half the people like to have particular brands.”

Consumers can redeem the cards in the test at Macy’s Lowe’s Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Roy’s Hawaiian Fusion Cuisine, Fleming’s, Express and Cabela’s. Read More

Dec 05 2012
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Credit Union Times: Arizona Credit Union Partners in ATM Prepaid Card

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The 10,000-member, $59 million Banner Federal Credit Union has partnered with Better ATM Services, a technology and prepaid card firm, in the rollout of what they call the first gift card that can be purchased from an ATM.

Dubbed the myGIFT card, carries the Discover brand and is made of a thin, durable material allowing cards to easily pass through an ATM’s cash mechanism and works like any other prepaid card, the Phoenix credit union said.

“Because prepaid cards have become the gift of choice for any occasion, we can now offer our members the flexibility to make one stop for all their banking and gift giving needs,” said Roger Swanson, president/CEO of Banner FCU. Read More