SHAZAM (interbank network) explained

SHAZAM
Area:United States
Members:±100s
Atm:±1000s
Owner:Owned by its members (Not-for-profit corporation)

SHAZAM is a United States-based interbank network and EFTPOS network headquartered in Johnston, Iowa that operates primarily in the Midwestern United States. The network was founded in 1976 and is a member-owned financial services and payments processing company.[1] [2]

SHAZAM is a single-source provider of debit cards, automated teller machines (ATMs), merchant, marketing, training, risk, fraud prevention and ACH Network services.[3]

They are partnered with Presto!, a similar network covering the southeastern part of the US.

See also

Notes and References

  1. Web site: Here are the credit card networks you need to know . December 22, 2016 . Business Insider.
  2. Web site: Shazam names new president . August 26, 2014 . atm marketplace.
  3. Web site: CO-OP Financial Services and SHAZAM Network announce sharing agreement . 17 October 2012 . Co Op financial services.