Allpoint is an

interbank network An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belon ...

connecting

automated teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun ...

s (ATMs). It offers surcharge-free transactions at ATMs in its network. It operates in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

, and

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

. Allpoint is owned by Cardtronics and is headquartered in

Houston Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in ...

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

History

Allpoint was founded in 2003 by entrepreneur Ben Psillas of ATM National, Inc., who was tired of looking for ATMs from his own bank. In 2005, Cardtronics acquired ATM National, Inc. and Allpoint. In September 2008, Allpoint added ATMs at 5,500

7-Eleven 7-Eleven, Inc., stylized as 7-ELEVE, is a multinational chain of retail convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. A ...

stores to its network. In October 2010, the network expanded to

. In January 2011, the network expanded to

. In July 2016, Fifth Third Bank joined the network. In 2015, network member

KeyBank KeyBank, the primary subsidiary of KeyCorp, is a regional bank headquartered in Cleveland, Ohio, and is the only major bank based in Cleveland. KeyBank is one of the largest banks in the United States. Key's customer base spans retail, small b ...

of Ohio was awarded a contract to distribute unemployment claims in the state of New York. Large numbers of New Yorkers were able to leverage the network affiliation to avoid surcharges against their COVID-19 related unemployment benefits when their preferred ATM machines were emptied during the 2020 pandemic. In September 2016,

First Tennessee First Horizon Bank, formerly First Tennessee Bank, is a financial services company based in Memphis, Tennessee. As the leading subsidiary of First Horizon Corporation, it provides financial services through locations in 12 states across the South ...

joined the network. In July 2017, Rite Aid joined the network. Kroger stores in Atlanta were also added to the network. Effective July 2017, ATMs in

stores were removed from the network. In September 2017, Speedway LLC joined the network. In October 2017, Five Star Bank joined the network. Also in 2017, the network counted over 200,000 affiliated ATM machines and became the largest ATM owner/operator in the world.

References

{{Interbank networks Interbank networks Financial services companies established in 2003 Financial services companies of the United States Companies based in Houston Software companies established in 2003 2003 establishments in Maryland