Magazine article American Banker

ATM Link Gives Cardholders Wider Access

Magazine article American Banker

ATM Link Gives Cardholders Wider Access

Article excerpt

Beginning this month, cardholders from the four automated teller machine networks that merged last year to create Electronic Payment Services Inc. have been able to use all the company's 13,000 ATMs.

This is possible because the four networks -- Green Machine, Owl, Trinet, and MAC -- have established processing links with the Electronic Payment Services switch in Philadelphia.

The EPS "switch" will be moved to Wilmington, Del.. when construction on a data center is completed later this year.

The facility is a computer hub that allows a financial institution to authorize an ATM transaction by one of its cardholders at another bank's ATM.

EPS handles more than 25 million of these transactions a month -- more than any other regional ATM network in the country, according to Speer & Associates. a consulting firm based in Atlanta.

The ATM processing links began coming up last month, and EPS executives expect that all of the network's point-of-sale terminals will become available to cardholders by the end of this month.

Under MAC Umbrella

Concurrent with the establishment of the processing links, EPS has begun to change the signage on its ATMs. Beginning with teller machines in West Virginia, EPS will replace the Green Machine, Owl, and Trinet logos with the MAC mark, which was chosen last year to represent all the ATMs in the network.

"We have formally begun the transition to the MAC brand," said Michael L. Douglas, president of MAC and chief operating officer of EPS. …

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