Under the agreement, Bendigo Bank will process transactions on the Cash Plus ATM network and re-brand selected Cash Plus machines.

Greg Devlin, head of access and payment systems at Bendigo Bank, said the bank was steadily making more ATMs available to its customers, with the network doubling to more than 1100 machines in just the past two years and that rapid growth will continue.

David Dickinson, managing director at Cash Plus, said: “Working with a bank with a strong community focus was refreshing in the Australian market. We believe partnering with Bendigo Bank will benefit our merchants and cardholders by providing improved access to machines.

“This partnership will create a strong platform for Cash Plus to grow its Australian operations, plus leveraging our partnership with Nautilus Hyosung, the world’s leading ATM manufacturer; will make for a fantastic service.