Card Briefs: Cash Station Reports 31% Rise in Volume

Cash Station Inc. said transactions through its switching system rose 31% last year, to 70.2 million.

At yearend the network consisted of 6,630 automated teller machines, up 45%. Total ATM transactions-not just those that Cash Station processed- declined 4%, to 88.4 million, while transactions at points of sale rose 44%, to 25.2 million.

Merchant locations accepting Cash Station ATM cards increased 64% to 120,021.

In a separate announcement, Cash Station said Jefferson Heritage Bank of St. Louis had selected it for ATM and electronic funds transfer services. The bank will deploy ATMs at St. Louis and north Texas branches and issue cards to 9,000 customers.

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