August 30, 2021

NOW AVAILABLE: 7-Eleven Stores install ATMs in Metro Manila and Cavite

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  • NOW AVAILABLE: 7-Eleven Stores install ATMs in Metro Manila and Cavite
  • Cash withdrawal is now available in over 500 7-Eleven stores in Metro Manila and Cavite. 

    The Installation of automated teller machines (ATMs) in 7-Eleven stores in Metro Manila and Cavite started in February this year and is about to expand up to 1,000 stores by the end of this year.

    Earlier this year, the Philippine Seven Corporation (PSC), the exclusive licensor of 7-Eleven in the country, announced its partnership with Japan’s Seven Bank Ltd. (Seven bank) subsidiary, Pito AxM Platform, Inc. (PAPI), in providing the banking public the lowest inter-bank transaction fee for cash withdrawals.    

    IMAGE from 7-Eleven Philippines

    In the recent interview of Philippine News Agency (PNA) with Philippine Seven Corporation president and chief executive officer Jose Victor Paterno, he further explained their newest service.   

    “The ATMs are expected to provide convenience for our customers who prefer cash as their primary means of payments,” he said.”We want to offer our customers the most convenient service, which is why we also want them to save on transaction fees they would have otherwise spent when withdrawing at another ATM.”

    As the pandemic continues in the country, Paterno emphasized that the need for easy access to financial services such as ATMs is timely and relevant.  

    “Now, more Filipinos can withdraw cash at ATM machines in over 500 7-Eleven stores,” he ended. 

    Currently, BDO account holders are free of charge while the lowest transaction fee for BANCNET account holders will be applied.  

    Written by Cedie Salido
               
               
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