Tuesday, August 30, 2005

Circle-K to expand payment kiosk networks

Straight from the Canadian PR newsroom, eh?

Circle K Stores Inc. and Info Touch Technologies Corp. jointly announced in a news release a new multi-year agreement to continue to grow the Zaplink program not only in the number of locations, but also in terms of the services provided.

Zaplink is Circle K’s branded self-service kiosk that gives c-store patrons the ability to pay wireless, cable, utility and other bills in cash, purchase prepaid products and services, transfer money, browse the Internet and perform a variety of other functions.

Circle K and Info Touch have developed a recurring revenue model, driven primarily by customer-funded transaction fees mainly from bill-pay applications. In July 2005, Circle K customers engaged in more than 75,000 Zaplink transactions. Info Touch is working to add new billers, pre-paid products and other financial services to serve more of Circle K’s customers’ needs.

Find it at this link.

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