FIS to Launch DOLLAR$TOP
Consumers soon can access cash for just $1 from thousands of ATMs as FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, today introduces the DOLLAR$TOP™ limited-surcharge program.
Available through the NYCE^® Payments Network, DOLLAR$TOP benefits not only consumers but also financial institutions and non-financial institution ATM deployers. Financial institutions benefit by offering a “no-surprise” convenience fee of just $1 to their cardholders, without the royalty fees often associated with surcharge-free programs or the escalating costs of proprietary surcharge-rebate policies. Participating banks and credit unions will not be required to make their ATMs part of the DOLLAR$TOP program, retaining 100 percent of proprietary ATM surcharge fee revenue. Financial institutions can roll out the turnkey DOLLAR$TOP program within 30 days of joining and easily enable immediate surcharge-fee savings for all of their customers.
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