Payment Alliance International, Inc. (PAI), the U.S. leader in ATM portfolio management tools and services, announced that it has acquired the Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc., a subsidiary of Perativ Inc. The acquisition adds nearly 400 ATMs, increasing PAI’s nationwide network to more than 90,000 ATMs. Financial terms of the transaction were not disclosed.
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@PaymentAlliance acquires Cash-N-Go ATMs increasing its nationwide network to more than 90,000 #ATMs. #Cash #Payments #CashAccess #ATM @ATM_Industry @ATMMarketplace
“We are laser-focused on our SaaS-based global cash distribution network and Canadian Access Cash ATM operations,” said Chris Chandler, chief executive officer for Perativ. “We are delighted to provide our U.S. Cash-N-Go ATM customers with a smooth transition to the market leader PAI, where they will continue to receive excellent service and support,” added Chandler.
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“Chris Chandler and I have known each other for a long time,” said David Dove, chief executive officer for PAI. “He’s built a terrific business in Canada and we are fortunate acquire his U.S. Cash-N-Go ATM portfolio.”
About Payment Alliance International, Inc.
Payment Alliance International (PAI) is the nation’s largest, privately-held provider of ATMs, offering ATM portfolio management tools and services, including transaction processing, bank sponsorship, maintenance, cash-in-transit (CIT) servicing and the company’s market-leading portfolio management toolset PAI Reports for more than 90,000 ATMs. PAI’s portfolio management tools offer customers the most visibility and control to maximize ATM portfolio effectiveness and profitability.
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