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Payment Alliance International Acquires Cash-N-Go ATMs to Expand ATM Network
Thursday 13 August 2020

Kentucky, US-based ATM management services company Payment Alliance International, Inc. (PAI), has acquired the Cash-N-Go ATM portfolio of Canada-based Cash N Go ATM Network Inc., a subsidiary of financial technology provider Perativ Inc., the company said.

Financial terms of the transaction were not disclosed.

The acquisition adds nearly 400 ATMs, increasing PAI's nationwide network to more than 90,000 ATMs.

Payment Alliance International offers ATM portfolio management tools and services, including transaction processing, bank sponsorship, maintenance, cash-in-transit servicing and the company's portfolio management toolset PAI Reports.

Perativ Inc. is a financial technology company focussed on cash optimisation.
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Date Published: 13/08/2020

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