Rite Aid, Payment Alliance International sign ATM deal

ATM network signs deal to install cash machines at about 1,500 stores

LOUISVILLE, Ky. — Drug store chain Rite Aid has picked Payment Alliance International to provide ATM services at about 1,500 of its stores, the ATM network said Monday.

PAI runs ATMs at more than 60,000 retail locations around the country and said that it would offer state-of-the-art equipment, domestic and international transaction processing, and branding opportunities.

"We are thrilled to have such a large and innovative retailer like Rite Aid as a PAI client," PAI president and CEO John Leehy said. "Some of our largest financial institution clients are already abuzz about the potential ATM branding opportunities that will provide their collective customers with surcharge-free access to cash at conveniently located Rite Aid stores."

 

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