Stargroup in the media

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Please find below details of any recent media articles written about Stargroup Limited or its associated entities for your review:

Latest Publications

Financial technology company Stargroup says transactions at its network of independent ATM machine’s remain strong despite the four big banks abolishing transaction fees at their ATMs across Australia.

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Virtually every Australian adult withdraws cash from an ATM on a regular basis. And the times we don’t use cash are usually bridged by the use of debit or credit cards for daily transactions.

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Independent ATM operator Stargroup says last month's move by the major banks abolishing transaction fees from their ATM's has had scant impact on its own network or projected revenues.

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THE banks might have dumped those much-maligned ATM fees, but the owners of ATMs in pubs and convenience stores will keep cashing in. Because they can.

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ATMs hit the headlines this week when the big four banks all ­announced they were scrapping fees for customers of other banks. At face value this magnanimous act should be a threat to the independent operators such as the only pure-play, ASX-listed ATM operator, Stargroup.

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You might be given more options when you visit an ATM in the near future.

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Australian ATM provider Stargroup has entered into a joint venture with blockchain technology company DigitalX to roll-out ‘two-way’ Bitcoin ATMs across its global network, commencing with Australia.

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Australian ATM operator Stargroup has signed a joint venture with DigitalX, a blockchain technology and advisory company, to convert its machines to trade the digital currency Bitcoin.

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Almost 3000 Bitcoin automatic teller machines will launch across Australia as part of a venture between an ATM operator and a blockchain service provider.

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Stargroup Ltd (ASX:STL) has aligned itself with the cryptocurrency sector to provide an ATM solution for buying and selling Bitcoin. Bitcoin has reached a level where a large-scale ATM roll-out provides a commercial opportunity.

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