Better ATM Services Closes $1.02 Million in First Round of Funding to Enable Dispensing of Prepaid Gift Cards via ATMs.MESA, Ariz. -- Sixth graph, end of second sentence should read: ...using existing equipment with no add-on devices (sted ...using existing equipment with no add or devices). The corrected release reads: BETTER ATM SERVICES CLOSES $1.02 MILLION IN FIRST ROUND OF FUNDING TO ENABLE DISPENSING dispensing provision of drugs or medicines as set out properly on a lawful prescription. A prescription can only be filled, the drugs supplied, by a registered pharmacist, veterinarian, dentist or member of the medical profession. OF PREPAID pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. GIFT CARDS VIA ATMS ATMS Advanced Traffic Management SystemATMS Assumption-based Truth Maintenance System ATMS Advanced Technology Microwave Sounder ATMS Advanced Toastmaster - Silver ATMS Air Traffic Management System ATMS Automated Transportation Management System Better ATM Services, a company with patented technology that enables the dispensing of prepaid gift cards from ATMs, announced today that it closed its first round of funding for a total of $1.02 million. Better ATM Services' officials say they are also on their way to opening another round of funding immediately. "Better ATM Services' patented process marries two industries - the established ATM industry with the exploding gift card industry-creating a marriage of convenience for consumers and merchants," says Todd Nuttall, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Better ATM Services. "Better ATM Services' business model is similar to the way VISA and MasterCard created a trusted network among consumers, merchants and banks in 1970, revolutionizing the way consumer's have purchased goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. ," says Thomas E. Honey, Better ATM Services' Chief Development and Marketing Officer and payment processing industry veteran. Better ATM Services enables ATM independent sales organizations This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (ISOs), prepaid platform providers (e.g. retailers), prepaid distribution firms, transit organizations, event and entertainment venues, amusement parks This page contains a list of amusement parks by
Today, the only way to buy a prepaid gift cards is in-store over-the-counter, online, or on a J-hook rack at merchant locations. Better ATM Services' technology enables a more secure, efficient, and profitable way to distribute prepaid gift cards. Better ATM Services' executives report a successful pilot gift card program in place at 5 greater Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. restaurants. The company also made strides recently with the certification of a leading ATM manufacturer, Diebold, certifying that Diebold ATM's can dispense dispense /dis·pense/ (-pens´) to prepare medicines for and distribute them to their users. dis·pense v. To prepare and give out medicines. Better ATM Services' uniquely designed cards using existing equipment with no add-on devices. Company officials also report they are responding to interest from several large U.S. retailers to enable their activation via their ATM suppliers in time for the holiday rush. About Better ATM Services' Pre-Paid Dispensing Technology Better ATM Services' cards are contained as a single panel of three panels on a "card sheet." The card sheet has approximately the same dimensions of larger foreign currencies like the Danish Kroner. ATM cassettes accommodate currency of various sizes that can accommodate Better ATM Services' card sheet dimensions. Early testing with two industry leading ATM manufacturers' equipment has proven that the card sheets can be easily retrieved and dispensed dis·pense v. dis·pensed, dis·pens·ing, dis·pens·es v.tr. 1. To deal out in parts or portions; distribute. See Synonyms at distribute. 2. To prepare and give out (medicines). 3. . About The Prepaid Gift Card Industry Prepaid, stored value cards are a recent phenomenon in America and are spreading rapidly around the world. Gift cards make up the largest segment of prepaid cards and are a more convenient gift alternative to manage ongoing purchases without being limited to the amount of cash a consumer carries. The TowerGroup estimates that approximately $80 billion was spent on such cards in 2006 equating e·quate v. e·quat·ed, e·quat·ing, e·quates v.tr. 1. To make equal or equivalent. 2. To reduce to a standard or an average; equalize. 3. to an estimated 4.3 billion cards. Industry experts forecast the overall amount of prepaid card sales to more than double this year. About Better ATM Services Better ATM Services (BATM BATM Bark At the Moon (Ozzy Osbourne album) BATM Belgian Association of Travel Managers ), a Mesa, Arizona-based company, supplies patented technology that enables an ATM to dispense prepaid gift cards like currency. Technology enabled ATMs dispense the prepaid cards via the ATM's cash tray using the machine's existing dispensing mechanisms. BATM licenses its technology to both ATM and prepaid card industry participants to provide a more secure, convenient, and profitable distribution option with additional revenue opportunities. Importantly, BATM's pioneering technology assures continued operation within existing industry infrastructures and pricing models. Better ATM Services' customers include ATM manufacturers, ATM driver processors, ATM merchant card processors, and independent sales organizations (ISO's). For more information, please visit www.betteratm.com or contact info@betteratm.com. |
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