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                                                                    EXHIBIT 10.4

                               CASH SYSTEMS, INC.
                             2001 STOCK OPTION PLAN
                             (As amended March 2004)

      1. Purpose. The purpose of the Cash Systems, Inc. 2001 Stock Option Plan
is to induce certain designated persons to continue to provide valuable services
to Cash Systems, Inc. (the "Company") and to encourage such persons to secure or
increase on reasonable terms their stock ownership in the Company. The Board of
Directors of the Company believes the Plan is in the best interest of the
Company and will promote the success of the Company. This success will be
achieved by encouraging continuity of management and increased incentive and
personal interest in the welfare of the Company by those who are primarily
responsible for shaping and implementing the long-range plans of the Company.

      Certain Options granted under this Plan are intended to be Incentive Stock
Options qualified under Section 422 of the Code. The Plan also permits the grant
of Nonqualified Stock Options.

      2. Definitions. For purposes of this Plan, the following terms shall have
the meanings indicated below:

            (a) "Capital Stock" or "Common Stock": any of the Company's
      authorized but unissued shares of common stock.

            (b) "Code": the Internal Revenue Code of 1986, as amended from time
      to time.

            (c) "Fair Market Value": the price per share determined by the Board
      of Directors at the time any Option is granted. Fair Market Value of
      Incentive Stock Options shall be determined consistent with the Code and
      regulations.

            (d) "Incentive Stock Option": an option defined in Section 422 of
      the Code to purchase shares of the Common Stock of the Company.

            (e) "Non-Qualified Stock Option": an option, not intended to qualify
      as an Incentive Stock Option as defined in Section 422 of the Code, to
      purchase Common Stock of the Company.

            (f) "Option": the term shall refer to a Stock Option granted under
      this Plan.

            (g) "Option Agreement": a written agreement pursuant to which the
      Company grants an Option to an Optionee and sets the terms and conditions
      of the Option.

            (h) "Option Date": the date upon which an Option Agreement for an
      option granted pursuant to this Plan is duly executed by or on behalf of
      the Company.

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            (i) "Option Stock": the Common Stock of the Company (subject to
      adjustment as described in Section 7) reserved for options pursuant to
      this Plan, or any other class of stock of the Company which may be
      substituted therefore by exchange, stock split or otherwise.

            (j) "Optionee": a person who is eligible to receive an Option under
      Section 5 of the Plan and to whom an Option has been granted under the
      Plan.

            (k) "Plan": this Cash Systems, Inc. 2001 Stock Option Plan effective
      September 25, 2001, and as amended hereafter from time to time.

            (l) A "Subsidiary": any corporation in an unbroken chain of
      corporations beginning with the Company, if, at the time of granting the
      option, each of the corporations other than the last corporation in the
      chain owns stock possessing fifty percent (50%) or more of the total
      combined voting power of all classes of stock in one of the other
      corporations in such chain. The term shall include any subsidiaries which
      become such after adoption of this Plan.

      3. Options Available Under Plan. An aggregate of 2,500,000 shares of the
Company's authorized but unissued shares of Common Stock are hereby made
available for grant, and shall be reserved for issuance, under this Plan. The
aggregate number of shares available under this Plan shall be subject to
adjustment on the occurrence of any of the events and in the manner set forth in
Section 7. If an Option shall expire or terminate for any reason without having
been exercised in full, the unpurchased shares, shall (unless the Plan shall
have been terminated) become available for other Options under the Plan.

      4. Administration. The Plan shall be administered by the Board of
Directors of the Company. At all times subject to the authority of the Board of
Directors, the Board of Directors may from time to time delegate some or all of
its authority under the Plan to a committee consisting of three (3) or more
Directors (the "Committee"), and/or obtain assistance or recommendations from
such Committee. If no separate committee is appointed, the Board shall
constitute the Committee, and references to the Committee shall include the
entire Board of Directors.

      The Company shall grant Options pursuant to the Plan upon determinations
of the Committee as to which of the eligible persons shall be granted Options,
the number of shares to be Optioned and the term during which any such Options
may be exercised. At all times, a majority of the members of the Committee
making determinations about the grant of Options to employee-directors or
employee-officers must be disinterested in the grant being made. The Committee
may from time to time adopt rules and procedures for carrying out the Plan and
interpretations and constructions of any provision of the Plan, which shall be
final and conclusive.

      5. Eligibility for Stock Options. Incentive Stock Options under the Plan
may only be granted to such employees of the Company or any Subsidiary thereof,
as selected by the Committee. Non-Qualified Stock Options may be granted to key
employees, non-employee directors and any other persons providing valuable
services to the Corporation.

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      In selecting the employees or other persons to whom Stock Options shall be
granted, as well as determining the number of shares subject to each Option, the
Committee shall take into consideration such factors as it deems relevant in
connection with accomplishing the purpose of the Plan. For any calendar year,
the aggregate Fair Market Value (determined at the Option Date) of the stock
with respect to which any Incentive Stock Options are exercisable for the first
time by any individual employee (under all Incentive Stock Option plans of the
Company and all subsidiary corporations) shall not exceed $100,000. Subject to
the provisions of Section 3, an optionee who has been granted an Option may, if
he or she is otherwise eligible, be granted an additional Option or Options if
the Committee shall so determine. Any Incentive Stock Option that becomes
exercisable and exceeds the above limitation shall be treated as a Non-Qualified
Option.

      No Stock Option may be granted under this Plan later than the expiration
of ten (10) years from the Effective Date.

      6. Terms and Conditions of Options. Whenever the Committee shall designate
an Optionee, it shall communicate to the Secretary of the Company the name of
the Optionee, the number of shares to be Optioned and such other terms and
conditions as it shall determine, not inconsistent with the provisions of this
Plan. The President or other officer of the Company shall then enter into an
Option Agreement with the Optionee, complying with and subject to the following
terms and conditions and setting forth such other terms and conditions of the
Option as determined by the Committee:

            (a) Number of shares and option price. The Option Agreement shall
      state the total number of shares to which it pertains. The price of
      Incentive Stock Option Stock shall be not less than one hundred percent
      (100%) of the Fair Market Value of the Option Stock at the Option Date. In
      the event an Incentive Stock Option is granted to an employee, who, at the
      Option Date, owns more than ten percent (10%) of the voting power of all
      classes of the Company's stock then outstanding, the price of the shares
      of Option Stock which will be covered by such Option shall be not less
      than one hundred ten percent (110%) of the Fair Market Value of the Option
      Stock at the Option Date. Non-Qualified Options may be granted at a price
      equal to, greater than or less than Fair Market Value at the date of
      grant. The Option price shall be subject to adjustment as provided in
      Section 7 hereof.

            (b) Period of options and right to exercise. Options granted under
      this Plan shall be subject to such terms and conditions, shall be
      exercisable at such times and shall be evidenced by such form of written
      Option Agreement as the Committee shall determine, provided that such
      determinations are not inconsistent with Code Section 422 and the
      regulations thereunder. The Option Agreement may, at the discretion of the
      Committee, provide for the acceleration of vesting of Options upon a
      "Change in Control" of the Company, as defined in Section 6(h) below.

      In addition, no Option granted, shall by its terms, be exercisable after
      the expiration of ten (10) years from the date such Option is granted.
      Except, however, Incentive Stock Options granted to any employee who at
      the Option Date owns more than ten percent (10%) of the voting power of
      all shares of the classes of Company's stock then

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      outstanding, may not be exercisable after expiration of five (5) years
      from the Option Date. The period during which the Option may be exercised,
      once it is granted, shall not be reduced, except as provided in paragraphs
      (c), (d) and (e) below. The exercise of any Option will be contingent upon
      receipt by the Company of payment as provided in paragraph (f) below for
      the full purchase price of such shares. No Optionee or his or her legal
      representatives, legatees or distributees, as the case may be, will be, or
      will be deemed to be, a holder of any shares subject to an Option unless
      and until certificates for such shares are issued under the terms of the
      Plan.

            (c) Termination of Employment or Service. Unless the Option
      Agreement otherwise provides, in the event that an Optionee shall cease to
      be employed by (or performing services for, in the event of a
      Non-Qualified Stock Option) the Company for any reason other than death,
      subject to the condition that no Incentive Stock Option shall be
      exercisable after the expiration of ten (10) years from the date it is
      granted, such Optionee shall have the right to exercise any outstanding
      Options at any time within three (3) months after the termination of
      employment (or service in the case of a Non-Qualified Stock Option).

      Notwithstanding the foregoing, in the case of a disabled employee or other
      Optionee, the Board of Directors at its discretion may permit exercise of
      Options within one year of termination of employment). In the event an
      Optionee shall cease to be employed, or in the case of an independent
      consultant, shall cease to provide services to the Company, for "cause,"
      any outstanding Options in favor of such Optionee shall immediately
      terminate and such Optionee shall have no right to exercise any such
      Options. For purposes of this Plan, the terms "disability" and "cause"
      shall have the meanings ascribed such terms in the employment or
      independent consulting agreements between the Company and any such
      Optionees.

            (d) Death of Optionee. If the Optionee holding a "Qualified Stock
      Options" shall die (i) while in the employ of or while providing services
      to the Company or any Subsidiary, or (ii) within a period of three (3)
      months after the termination of his or her employment with the Company or
      any subsidiary as provided in paragraph (c) of this section, and in either
      case shall not have fully exercised his or her Options, any Options
      granted pursuant to the Plan shall be exercisable until the earlier of the
      originally stated date of termination or one year from the date of death.
      Such Option shall be exercised pursuant to subparagraph (f) of this
      Section by the person or persons to whom the Optionee's rights under the
      Option shall pass by the Optionee's will or by the laws of descent and
      distribution, and only to the extent that such Options were exercisable at
      the time of his or her death.

            (e) Transfer of Option. Each Option granted hereunder shall, by its
      terms, not be transferable by the Optionee other than by will or by the
      laws of descent and distribution, and shall be, during the Optionee's
      lifetime, exercisable only by the Optionee. Except as permitted by the
      preceding sentence, each Option granted under the Plan and the rights and
      privileges thereby conferred shall not be transferred, assigned or pledged
      in any way (whether by operation of law or otherwise), and shall not be
      subject to execution, attachment or similar process. Upon any attempt to
      so transfer, assign,

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      pledge, or otherwise dispose of the Option, or of any right or privilege
      conferred thereby, contrary to the provisions of the Option or the Plan,
      or upon levy of any attachment or similar process upon such rights and
      privileges, the Option, and such rights and privileges, shall immediately
      become null and void.

            (f) Manner of Exercise of Options. An Option may be exercised, in
      whole or in part, at such time or times and with respect to such number of
      shares, as the Board of Directors, in its sole discretion, shall determine
      at the time that the Option is granted. The Option terms shall be set
      forth in the Option Agreement granting the Option. Such Option shall be
      exercisable only within the Option period and only by (i) written notice
      to the Company of intent to exercise the Option with respect to a
      specified number of shares of stock; (ii) tendering the original Option
      Agreement to the Company; and (iii) payment to the Company of the amount
      of the Option purchase price for the number of shares of stock with
      respect to which the Option is then exercised. Payment of the Option
      purchase price may be made in cash, by cashier's check (by personal check
      at the discretion of the Company) or by a "cashless exercise" procedure
      established between the Company and a stock brokerage firm, subject to
      compliance with applicable securities laws. When shares of stock are
      issued to the Optionee pursuant to the exercise of an Option, the fact of
      such issuance shall be noted on the Option Agreement by the Company before
      the Agreement is returned to the Optionee. When all shares of Optioned
      stock covered by the Option Agreement have been issued to the Optionee, or
      the Option shall expire, the Option Agreement shall be canceled and
      retained by the Company.

            (g) Delivery of Certificate. As promptly as practicable after
      receipt of the written notice and payment specified above, the Company
      shall deliver to the Optionee certificates for the number of shares with
      respect to which the Option has been exercised, issued in the Optionee's
      name; provided, however, that such delivery shall be deemed effected for
      all purposes when the Company, or the stock transfer agent for the
      Company, shall have deposited such certificates in the United States mail,
      postage prepaid, addressed to the Optionee at the address specified in the
      written notice of exercise.

            (h) Change in Control. A "Change in Control" shall, unless the Board
      otherwise directs by resolution adopted prior thereto, be deemed to occur
      if (i) any "person" (as that term is used in Sections 13 and 14(d)(2) of
      the Securities Exchange Act of 1934 as amended ("Exchange Act")) is or
      becomes the beneficial owner (as that term is used in Section 13(d) of the
      Exchange Act), directly or indirectly, of 50% or more of the voting
      Capital Stock of the Company ("Voting Stock") or (ii) during any period of
      two consecutive years, individuals who at the beginning of such period
      constitute the Board cease for any reason to constitute at least a
      majority thereof, unless the election or the nomination for election by
      the Company's shareholders of each new director was approved by a vote of
      at least three-quarters of the directors then still in office who were
      directors at the beginning of the period. Any merger, consolidation or
      corporate reorganization in which the owners of the Company's capital
      stock entitled to vote in the election of directors prior to said
      combination, own 50% or more of the resulting entity's Voting Stock shall
      not, by itself, be considered a change in control for the purposes of this
      Plan.

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            (i) Other Provisions. The Option Agreements authorized under this
      Section shall contain such other provisions as the Committee shall deem
      advisable.

      7. Adjustment of Number of Shares. If, and to the extent that, the number
of issued shares of the Capital Stock of the Company shall be increased or
reduced by change in par value, recapitalization, reorganization, merger,
consolidation, split up, distribution of a dividend payable in stock or the
like, the number of shares subject to the Option and the Option price therefore
shall be equitably adjusted by the Committee consistent with such change to
prevent substantial dilution or enlargement of the rights granted to or
available to Optionees.

      Subject to the foregoing, the grant of an Option pursuant to the Plan
shall not affect in any way the right or power of the Company to make
adjustments, reclassifications, reorganizations, or changes of its capital or
business structure or to merge or to consolidate or to dissolve, liquidate or
sell, or transfer all or any part of its business or assets.

      8. No Rights as Stockholder. An Optionee shall not, by reason of any
Option granted hereunder, have any right of a stockholder of the Company with
respect to the shares covered by his or her Option until such shares shall have
been issued to the Optionee.

      9. No Obligation to Exercise Option. The granting of an Option shall
impose no obligation upon the Optionee to exercise such Option. Neither shall
the Plan confer upon the Optionee any rights respecting continued employment nor
limit the Optionee's rights or the employer Company's rights to terminate such
employment.

      10. Withholding Taxes. If required by law, upon a disqualified disposition
of an Incentive Stock Option, the Company shall have the right to require any
Optionee that is or was an employee as of the Option Date, to remit to the
Company an amount sufficient to satisfy any federal and state withholding or
other employment taxes, if any, resulting from such option exercise or early
disposition of Option Stock. Payment of such amount may be made in the same
manner as payment of the exercise price or by tendering previously owned shares
of the Company's Common Stock with a Fair Market Value on the date of exercise
equal to such amount, subject to compliance with applicable securities laws.

      11. Common Stock Acquired for Investment. Common Stock acquired by an
Optionee under this Plan by exercise of any Option shall be acquired by the
Optionee for investment and without intention of resale, unless, in the opinion
of counsel of the Company, such common stock may be purchased without any
investment representation. Where an investment representation is deemed
necessary, the Committee may require a written representation to that effect by
the Optionee as a condition of the Optionee exercising an Option under this
Plan, and the Committee may place an appropriate legend on the common stock
issued to the Optionee indicating that such common stock has not been registered
under federal or state securities laws. Each Option shall be subject to the
requirement that if, at any time, the Committee shall determine in its
discretion that the listing, registration or qualification of the shares subject
to such Option upon any securities exchange or under any state or federal law,
or the consent or approval of any governmental regulatory body, is necessary or
desirable as a condition of, or in connection with, the granting of such Option
or the issuance or purchase of shares thereunder, then such Option shall not be
granted or exercised in whole or in part unless

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such listing, registration, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Committee.
Nothing contained herein shall require the Company to register the Options or
the shares of voting common stock purchased upon the exercise of said Options.

      12. Effective Date. This Plan shall be effective September 25, 2001 (the
"Effective Date") as approved by the Board of Directors, subject to approval by
the shareholders of the Company. However, unless within 12 months after the Plan
is adopted by the Board of Directors, the Plan is approved by the vote of the
holders of a majority of the outstanding Capital Stock of the Company, the Plan
and options granted hereunder shall not qualify under Section 422 of the Code.
All subsequent stock options granted hereunder will be Non-Qualified Stock
Options. All Options granted prior to disqualification of the Plan for failure
to obtain shareholder approval shall be converted to Non-Qualified Stock
Options.

      13. Liquidation. Upon the complete liquidation of the Company, any
unexercised Options theretofore granted under this Plan shall be deemed
canceled, except as otherwise provided in Section 7 in connection with a merger,
consolidation or reorganization of the Company.

      14. Termination and Amendment of the Plan. This Plan shall terminate ten
(10) years after the Effective Date or at such earlier time as the Board of
Directors shall determine. Any termination shall not affect any Options then
outstanding under the Plan.

      The Board may make such modifications of the Plan as it shall deem
advisable, but may not, without further approval of the stockholders of the
Company, except as provided in Section 7 hereof, (a) increase the number of
shares reserved for Options under this Plan, (b) change the manner of
determining the Option price for Incentive Stock Options, (c) increase the
maximum term of the Options provided for herein or (d) change the class of
persons eligible to receive Options under the Plan.

      15. Governing law. The Plan shall be governed by and construed in
accordance with the internal laws of the State of Minnesota without reference to
the principles of conflicts of law thereof.

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