DirectCash Payments Inc. has struck an ATM branding deal with the Bank of Montreal to deploy BMO-branded ATMs to Shell Canada Products retail locations across Canada exclusively, a press release said.
Shell operates one of Canada's largest convenience store and retail fuel networks. DC Payments estimated that the company will install in excess of 400 BMO branded ATMs at Shell outlets.
According to the press release, rollout of the ATMs will begin immediately and is expected to be complete during the second quarter of 2015.
"We are excited to partner with BMO and Shell, providing the convenience of bank-branded ATMs in premier locations across Canada," said Jeffrey Smith, president and CEO of DC Payments.
"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 DC Payments to expand our ATM footprint with Shell Canada," said Steven Nowaczyk, head of the North American ATM channel at BMO Financial Group.
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