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Australia's Cuscal completes sale of ATM assets to Armaguard Group

Australia-based Cuscal Ltd. completed the sale of its physical ATM assets and customer-owned servicing contracts to local currency management service provider Armaguard Group, according to an Aug. 14 release.

The transaction, which was signed in February, includes the sale of Cuscal's rediATM network, which provides direct charge fee-free transactions for the cardholders of its members across the country.