Zaplink Kiosk program expanding
The agreement, announced Monday, would expand the number of Zaplink self-service kiosk locations and the scope of its kiosk financial services by adding new billers and pre-paid products. Currently, customers can pay wireless, cable, utility and other bills in cash.
Circle K, Info Touch Technologies sign deal to expand Zaplink kiosk program
2005-08-29 11:57:00
BURNABY, B.C. (CP) - Circle K Stores Inc. has signed a multiyear deal with Info Touch Technologies Corp. to expand its Zaplink financial-services kiosk program.
Zaplink is Circle K's automated kiosk, currently deployed in its convenience stores in five U.S. states, allowing shoppers to pay bills, transfer money, purchase prepaid products and surf the Net.
The agreement, announced Monday, would expand the number of Zaplink locations and the scope of its financial services by adding new billers and pre-paid products. Currently, customers can pay wireless, cable, utility and other bills in cash.
Financial terms of the agreement were not revealed.
In July 2005, Circle K customers made more than 75,000 Zaplink transactions, the company said.
"Zaplink is a key element in our strategy to deliver self-serve financial services to the more than two million customers who visit us each day in a fast, convenient, and hassle-free manner," said Dan Stiel, Circle K's manager of financial services, in a release.
"Info Touch has been a partner in this development for more than four years and is well-qualified to help us deliver our vision into the future."
Circle K is a wholly owned subsidiary of Alimentation Couche-Tard Inc. (TSX:ATD.SV.B), the fourth largest convenience store operator in North America. In Canada, the company owns and operates the Mac's, Couche-Tard and Beckers outlets.
Couche-Tard shares gained 16 cents to $21.25 on the Toronto Stock Exchange, while shares of Info Touch Technologies (TSXV:IFT), a strategic investment of Hewlett Packard, were unchanged at 71 cents on the junior TSX Venture Exchange.
Posted by keefner at August 30, 2005 04:53 AM