MEGA MARKETS SETTING UP AUTOMATED LOAN MACHINES

MEMPHIS, Tenn. -- Mega Markets here is among the first retailers to take a new twist on supermarket banking: the automated loan machine.Four of the chain's 13 stores have recently begun offering loan services through automated machines located in store bank branches. The units, similar to the more familiar automated teller machines, have also been installed in supercenters owned by Wal-Mart Stores,

MEMPHIS, Tenn. -- Mega Markets here is among the first retailers to take a new twist on supermarket banking: the automated loan machine.

Four of the chain's 13 stores have recently begun offering loan services through automated machines located in store bank branches. The units, similar to the more familiar automated teller machines, have also been installed in supercenters owned by Wal-Mart Stores, Bentonville, Ark., and Kmart, Troy, Mich.

For supermarkets, the use of automat

Register to view the full article

Already a member? .

TAGS: Walmart