FCTI expands partnership with 7-Eleven to enhance ATM services and roll out new financial features

FCTI, Inc., a prominent nationwide provider of ATM solutions, has declared an extension and broadening of their longstanding partnership with 7-Eleven, Inc., the largest convenience store chain in the United States. This enhanced agreement aims to significantly increase FCTI‘s presence and service offerings across 7-Eleven and Speedway-branded locations, boosting the number of ATMs from approximately 8,600 to 11,600 by the end of 2025.

Under the new terms, FCTI not only continues to manage ATMs at 7-Eleven locations but also plans to introduce an array of innovative retail financial services designed to enhance customer convenience. The expansion will include deploying state-of-the-art ATM hardware and testing new services tailored to meet the evolving needs of 7-Eleven customers.

“We are very pleased to announce today that we have extended and expanded our relationship with 7-Eleven,” stated Wayne Malone, President of FCTI. “I am extremely proud of the team at FCTI and look forward to leveraging the wealth of expertise at our parent Seven Bank to continue delivering best-in-class service to 7-Eleven and its customers for years to come.”

FCTI is set to revolutionize ATM services in 7-Eleven stores nationwide, expanding to 11,600 locations with innovative financial solutions by 2025.

David Seltzer, CFO of 7-Eleven, also expressed enthusiasm about the renewed partnership, highlighting the collaborative efforts to introduce cutting-edge ATM technology and explore new financial services that address customer demands.

Expansion of ATM Network and Services:

FCTI’s expansion into Speedway-branded locations marks a strategic move to broaden its customer base and enhance service accessibility. The planned increase in ATM locations represents a nearly 35% growth, underscoring FCTI’s commitment to enhancing its infrastructure and reaching more consumers nationwide.

Additionally, the introduction of new financial services through ATMs at 7-Eleven stores aims to provide customers with more than just cash withdrawal options. These services are expected to include features that integrate seamlessly with mobile banking technologies and offer innovative solutions like on-the-go banking, digital wallet services, and more.

The strategic expansion of FCTI’s services within 7-Eleven stores is a forward-thinking move that aligns with the growing trend of integrating retail and financial services. By enhancing the convenience and capability of ATM units, FCTI is not only set to improve the consumer experience but also position itself as a leader in the retail banking sector. This collaboration is poised to set new standards in how convenience stores serve their increasingly tech-savvy customers.