MORE people within the National Capital Region (NCR) and Cavite can now withdraw cash from ATMs located at over 500 7-Eleven stores.
This convenience is made possible by Philippine Seven Corporation (PSC), the exclusive licensor of 7-Eleven in the Philippines, in partnership with Pito AxM Platform, Inc. (PAPI), a subsidiary of Seven Bank, Ltd. (Seven Bank).
PSC also revealed that it already has plans to continue installing more ATMs in the remaining 7-Eleven stores in NCR, particularly in the CaMaNaVa, Muntinlupa, Las Pinas, and other areas within Cavite.
“With the threat of COVID-19 still present, and the continuing implementation of community quarantines, the need for easy access to financial services is paramount. Now, more Filipinos can withdraw cash at ATM machines in over 500 7-Eleven stores,” said Jose Victor Paterno, President and CEO, Philippine Seven Corporation, in a statement provided to FrontpagePH.com.
PSC said there are plans to expand coverage to up to 1,000 stores by the end of 2021, with the end goal of covering all existing 7-Eleven stores in the future.
When asked about transaction fees, a serious issue among bank accountholders, the company told FrontpagePH.com that ATMs at 7-Eleven stores currently have the lowest transaction fee for cash withdrawals compared to transacting at another bank’s ATM.
And for BDO Unibank accountholders, they can withdraw at any ATM at 7-Eleven stores free of charge.
“We want to offer our customers the most convenient service, which is why we also want them to save on transaction fees they would have otherwise spent when withdrawing at another ATM,” Paterno added.
Apart from allowing customers to withdraw cash from any of its partner banks, the ATMs at 7-Eleven stores have a unique feature of adapting the ATM interface depending on the customer’s bank, making it easy for customers to use.
The installation of ATMs in 7-Eleven stores began on February 22 this year. By June, 300 7-Eleven stores had the ATMs installed.
For more information on where to find the ATMs, visit https://www.7-eleven.com.ph/whatsnew/atms-in-7eleven-list-of-stores/.