EMV PCI ATM Industry essential guide

  • 7-Eleven picks CashWorks for check-cashing services for Vcoms

DALLAS--7-Eleven Inc. executives are seeing dollar signs. Billions of them.

The convenience-store behemoth has chosen CashWorks, Inc., a leading provider of automated payroll check-cashing solutions, to provide check-cashing services at stores equipped with the self-service Vcom kiosk.

Consumers can cash government and payroll checks at approximately 1,000 7-Eleven stores in 13 states where Vcom (Virtual Commerce) is installed. According to check- cashing industry publications, 30 million people cash 180 million checks each year, totaling more than $55 billion, at U.S. check-cashing establishments.

"We chose CashWorks because they specialize in cashing payroll and government checks, expertly applying their risk-decisioning methodology in the convenience store channel," said Brady Giddens, 7-Eleven's managing director of Vcom, in a press release.

CashWorks has a "central decision engine" that runs on a proprietary system, using a wide range of internal and external data designed to evaluate check-cashing requests within a dynamic risk-evaluation architecture.

Vcom is 7-Eleven’s proprietary kiosk. It offers ATM capabilities and touchscreen convenience to provide customers with financial and other services 24/7. Customers can for instance cash checks, purchase money orders transfer money, access Verizon residential telephone services, pay bills and purchase phone and stored-value cards.

User Comments – Give us your opinion!
Products & Services

PaySite Bill Payment Kiosk

http://global.networldalliance.com/new/images/products/PaysiteRed_100.gif

250/PaySite-Bill-Payment-Kiosk

SiteKiosk - Secure Kiosk Software

http://global.networldalliance.com/new/images/products/3091.png

3091/SiteKiosk-Secure-Kiosk-Software

Government KIOSKS

http://global.networldalliance.com/new/images/products/4620.png

4620/Government-KIOSKS

Human Resources KIOSKS

http://global.networldalliance.com/new/images/products/2080.png

2080/Human-Resources-KIOSKS

Bill Payment KIOSKS

http://global.networldalliance.com/new/images/products/4673.png

4673/Bill-Payment-KIOSKS

Presentation: Unleashing the Retail Customer Experience

http://global.networldalliance.com/new/images/products/webcast_small.gif

3099/Presentation-Unleashing-the-Retail-Customer-Experience

CUSTOM's PTR80 - Ticket dispenser

http://global.networldalliance.com/new/images/products/PTR80_100px.jpg

3313/CUSTOM-s-PTR80-Ticket-dispenser

PaySite Bill Payment Kiosk

http://global.networldalliance.com/new/images/products/PaysiteRed_100.gif

250/PaySite-Bill-Payment-Kiosk

LG 38WR50MS-B

http://global.networldalliance.com/new/images/products/6453.png

6453/LG-38WR50MS-B

KioWare® Full for Android™ with Server

http://global.networldalliance.com/new/images/products/4950.png

4950/KioWare-Full-for-Android-with-Server

CONNECT 2014 Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.