Printer Friendly

EDS TO PROVIDE ATMs TO 7-ELEVEN STORES

 DALLAS, May 6 /PRNewswire/ -- EDS today announced the beginning of a 10-year relationship with The Southland Corporation in which it expects to deploy and operate as many as 4,000 automated teller machines (ATMs) in 7-Eleven stores in selected markets.
 EDS will begin installing the ATMs in June. The process is expected to take three years to complete. EDS' operation of the ATMs will include processing, administration, fulfillment and enhancement.
 The agreement expands EDS' strength in the ATM market by nearly doubling the number of ATMs it supports. In addition, the contract affirms EDS' strategy to establish a variety of customer-oriented services nationwide.
 "ATMs are an important service to convenience-oriented customers," said Jim Keyes, Southland's vice president of planning and finance. "This relationship allows us to more than double ATM service to 7-Eleven customers and further expand the value of one-stop shopping at our stores."
 Building upon an existing smaller-scale relationship on the East Coast and indirect relationship in California, Southland and EDS saw benefit in providing uniform consumer services where possible to 7- Eleven stores in the United States. EDS provides similar ATM services to 46 major retailers.
 "The Southland Corporation agreement will materially expand our share of the North American market," said Neil Marcous, vice president and general manager of EDS' Electronic Commerce Division. "These ATMs will be the windows through which EDS can introduce new consumer services as technology develops."
 EDS' Electronic Commerce Division is a leading provider of electronic transaction services, including support for ATMs, point-of- sale systems, electronic benefits transfer and electronic data interchange for financial and non-financial organizations. EDS supports more than 350 million transactions each month.
 EDS has operations in more than 30 countries, employs more than 70,000 people and is the leader in applying information technology to meet the needs of businesses and governments around the globe. Stock reflecting EDS' performance is traded on the New York Stock Exchange under the symbol GME. EDS reported revenues of $8.2 billion in 1992.
 -0- 5/6/93
 /CONTACT: Roger Still of EDS, 214-604-4160/
 (GME)


CO: EDS ST: Texas IN: CPR SU:

TM -- NY106 -- 5638 05/06/93 16:25 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 6, 1993
Words:358
Previous Article:GROUP INCLUDING ROBERT TRUMP INVESTS IN MANAGEMENT TECHNOLOGIES INC. FOR THE MARKETING OF ITS PRODUCTS; TRUMP TO ASSIST COMPANY IN PROMOTION
Next Article:GENERAL AMERICAN COMPLETES IPO OF REINSURANCE GROUP OF AMERICA; A.M. BEST ASSIGNS INITIAL RATING TO SAINT LOUIS RE
Topics:


Related Articles
EAST COAST STORM REACHES WEST COAST ATMS; ATMS NOW BACK IN SERVICE
AMERICAN EXPRESS TRAVELERS CHEQUES NOW AVAILABLE THROUGH ATMS
The Huntington National Bank Becomes the State's Largest ATM Provider Through Partnership with RSD, Inc. for Its 7-Eleven Convenience Stores
NCR and 7-Eleven Stores Lead New Era of Retail Banking
Triton Leads Australian Market for Off-Premise ATMs.
Ito-Yokado's IYBank to begin operations Mon.+.
IYBank opens for business, offering 24-hour ATM services+.
Citibank and 7-Eleven, Inc. Sign Agreement to Offer Free ATM Access to Citibank Customers in More Than 5,500 Stores.
ExcellerateHRO Signs Contract With 7-Eleven for Benefits Administration Outsourcing.
7-Eleven Signs Contract Extension with EDS for Enterprise Application and Infrastructure Management.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters