Friday, October 31, 2003

VendexKBB introduces its own ATM's.....

Retailer Vendex/KBB just issued this press release to inform the public that the HEMA formula will do a trial with 20 ATM's to test the usage of cash dispensers in its retail stores. Consumers will not be charged for withdrawing cash (as is the case with the Moneybox ATM's). It is VendexKBB's intention to also replace the current 65 ATM's at the Bijenkorf and V&D formulas and to further expand the concept, when successfull.

The introduction of own-name cash dispensers is taking place in close cooperation with Vendex KBB Cards & Financial Services (CFS), a Group company which was set up last year to develop and market financial products and services for various retail formats. For the introduction of cash dispensers Vendex KBB is working together with the British cash dispenser supplier De La Rue and Staalbankiers.