New York, October 21, 2013 -- Moody's Investors Service said that the introduction of a new peer-to-peer (P2P) payments service by Square, Inc. is credit negative for Cardtronics, Inc. (Ba2 Stable) in the longer term. There is a risk that rapid growth of P2P money transfer services such as Square's new service could reduce consumers' need to withdraw cash from ATMs and accelerate the shift away from paper-based currency.
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