Paramount Management Group Partners with GivePay to Expand ATM Functionally
Consumers across the United States will be able to purchase gift cards and pre-paid wireless phone service at thousands of ATMs, owned by Paramount Management Group, thanks to a partnership between Paramount and GivePay Commerce.
By: Paramount Management Group
"Our company is committed to providing our partners with new and innovative solutions that will allow them to offer their customers additional products and services at the ATM," says Jorge Fernandez, Chief Development and Chief Marketing Officer at Paramount. "The GivePay solution fits perfectly into our strategy of providing our customers with 21st Century payment technologies that will help them stay ahead of the competition."
Paramount ATMs that are GivePay enabled will allow consumers to instantly purchase and send digital gift cards. The recipients can then save the gift card to their smartphone for easy redemption. Most cards save to existing smartphone wallets, such Apple Wallet or Google Pay Wallet. The company will begin rolling out the new functionality in November 2018.
In addition to purchasing gift cards, consumers who use Paramount's Paramount's ATMs will be able to choose from a wide selection of pre-paid refill options with real-time payments applied directly to the customer's mobile account; offering customers nationwide a convenient new way to pay their wireless provider.
"Our goal is to equip ATM companies like Paramount with a marketplace of digital solutions that enables them to meet the growing demand for increased functionality while helping ATMs evolve into more than just cash dispensing machines," said Jerry Jackson, CEO of GivePay Commerce. "We're very excited to partner with Paramount and thankful for their commitment to excellence and helping to introduce new and innovative solutions at the ATM."
"GivePay's proprietary method for offering a variety of products at the ATM is exactly what Millennials and Gen Z consumers are looking for," says Fernandez. "Paired with our current retail ATM solutions, our customers will have more options than ever before."
PARAMOUNT MANAGEMENT GROUP, LLC is a national leader in implementing solutions incorporating technology allowing consumers, retailers and financial institutions to interact with each other, Paramount's services include the placement and operation of ATMs, digital media solutions and meeting consumer needs by providing bill pay, money remittance, gift card dispensing, among other services at the ATM. Visit www.paramountmgp.com for more information.
Paramount Management Group