SOURCE: DirectCash Payments Inc.

DirectCash Payments Inc.

March 27, 2015 06:00 ET

DirectCash Payments Inc. Announces Partnership With Bank of Montreal to Extend ATM Access to Shell Canada Products Locations Across Canada

CALGARY, AB--(Marketwired - March 27, 2015) - DirectCash Payments Inc. ("DCPayments" or the "Company") (TSX: DCI) today announced an ATM branding deal between the Bank of Montreal ("BMO") and DCPayments to deploy BMO branded ATMs to Shell Canada Products ("Shell") locations across Canada exclusively.

DCPayments owned, BMO branded ATMs provide BMO customers with convenient, fee-free access to cash in Shell locations across Canada. Roll-out of the ATMs will begin immediately with expected completion during Q2 2015.

BMO Commentary
"At BMO, we recognize the value of forming and maintaining strategic partnerships with industry leaders and are pleased to build on our existing relationship with DCPayments to expand our ATM footprint with Shell Canada," said Steven Nowaczyk, Head of North American ATM Channel, BMO Financial Group.

Management's Commentary
"We are excited to partner with BMO and Shell, providing the convenience of bank-branded ATMs in premiere locations across Canada," said Jeffrey Smith, DCPayments' President and Chief Executive Officer. 

Shell operates one of Canada's largest convenience store and retail fuel networks. It is expected that DCPayments will install in excess of 400 BMO branded ATMs in Shell locations across Canada.

Additional information about DCPayments is available on SEDAR (www.sedar.com) or DCPayments' website at www.directcash.net.

Contact Information

  • For further information please contact:

    Amanda J. Gallacher
    Vice President, Corporate Strategy & Acquisitions
    Direct Telephone: (403) 387-2158
    Fax: (403) 451-3058
    E-mail: investorrelations@directcash.net