Cardtronics is expanding into Poland by deploying 50 ATMs at Polish service stations and another 50 machines at convenience and grocery stores by May.
Cardtronics, of Houston, in a March 12 press release named Shell Poland as its first customer in the country. The Polish market has 485 ATMs for every million people, according to the research firm RBR, which also noted nearly 90% of point of sale transactions in Poland involve cash.
"This latest move from Cardtronics presents an excellent strategic opportunity to grow and diversify our European business in a healthy, cash-dominated market," said Jonathan Simpson, managing director of Cardtronics Europe, in the press release.
Cardtronics currently operates more than 110,200 retail ATMs in the U.S., Canada, Mexico, Puerto Rico, U.K., and Germany, according to the release.
Cardtronics has often experimented with the model for ATM access. Its Allpoint network, offered through banks and credit unions, allows surcharge-free access at machines that display the brands of multiple financial institutions. This month, the company also launched a direct-to-consumer option for surcharge-free ATM access. The new system, called ATMpass, charges a monthly fee of up to $10 for unlimited use of 5,000 Cardtronics machines located in Walgreens and CVS stores.