Customers (CUS)

Shares / Stock Code

CUS

Stock Exchange / Sharemarket

Australian Securities Exchange

Customers (CUS) is an Australian Electronic Payment Systems company. The company owns and operates various ATM networks and EFTPOS, and operates an application service provider specialising in online content management and website development. CUS has entered into a JV with MasterCard and Bendigo Bank for a new payment-processing business, Strategic Payments Services (SPS). CUS was listed on the ASX on 22 December, 1989. Customers Limited has grown through successful acquisitions. Included amongst these is its acquisition of the St George Bank Merchant ATM network, effective as at 1 January, 2005. The company's head office is based in Sydney.

CUS operates in Australia and New Zealand. Its subsidiaries include ASP Consulting Pty Limited, ATM Solutions Australasia Pty Limited, ATM Express Pty Limited, Customers ATM Pty Limited, Customers Operations Pty Limited, Autocard ATM Australia Pty Limited, A.C.N. 117 460 063 Pty Limited, A.C.N. 113 671 097 Pty Limited, Customers Point Pty Limited and Customers Asia Limited. During the fiscal year ended June 30, 2009, it acquired a additional 1.8% shareholding in NZ ATM Services Ltd (NZ ATM). On February 25, 2009, the Company disposed its 33.3% interest in Strategic Payments Services Pty Limited to Bendigo and Adelaide Bank Limited.

Customers differentiates itself through its growth strategy of acquiring existing ATM networks. Acquisitions have included almost 700 St George Bank merchant ATMs, as well as 250 Autocard ATMs. The company's joint venture with Bendigo Bank and Mastercard will enable CUS to develop its own payment processing capabilities.

Customers Limited's major competitors include other companies involved in the provision and operation of ATM services, and web design in Australia. Major customers and include users of ATM's throughout Australia and clients seeking assistance with web design.

Customers ATM is well-represented in the industry. Managing Director, Tim Wildash, is president of the Global ATM Industry Association (ATMIA) Board and Marketing and Corporate Affairs Manager, Rohan Martin, is chair of the ATMIA Asia Pacific Government Relations Committee. The company is also a member of the Australian Payments Clearing Association.

Customers (CUS) Products and Services

  • Provision of ATM and electronic payment system services and solutions

Customers (CUS) Locations and Subsidiaries

Customers Head Office
Unit 2,148 Chesterville Road,
CHELTENHAM, VIC 3192
Phone: 1300 305 600
Fax: 1300 721 883

Customers (CUS) Share Price

Submitted by ASX Listed Company on 14 March, 2010 - 23:27

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