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Payments General

Paramount Management Group acquires ATM Group

Wednesday 10 April 2019 | 09:20 AM CET

Paramount Management Group has announced the acquisition of ATM Group, a US-based ATM solutions provider.

The company will continue to lunch new solutions such as digital media, gift cards, pre-paid cellular, money transfer, bill pay, cryptocurrency, ATM outsourcing for financial institutions, and more.

With the addition of ATMG and the 2018’s acquisition of Sharenet, which includes retail and financial institution accounts, Paramount operates the largest network of independent ATMs throughout Puerto Rico. The ATMG acquisition will allow Paramount to offer additional locations to the existing bank and credit union customers throughout the island.

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