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September 17, 2012
Ad-Supported ATMs Expand in NYC
ABC News
by Susanna Kim
A small start-up called FreeATM Inc. and the Barclays Center stadium of Brooklyn, N.Y. are partnering to bring ATMs with no fees to New York City.
The Barclays Center, home of the Brooklyn Nets and oft-used concert venue, will have seven ATMs on Sept. 28, including one which provides access to the public who are not attending an event.
"Oft-used concert venue?" The place isn't open yet.
Instead of paying an ATM fee, typically $2 or $3 when you use a machine outside of your bank’s ATM network, FreeATM machines are supported by advertising.
...The Barclays Center ATMs are expected to distribute $5 million in cash in its first year.
NoLandGrab: To pay for all those $10 beers.
Posted by eric at September 17, 2012 11:39 AM