STAR is an American
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 belo ...
. It is the largest interbank network in
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 Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
, with 2 million
ATMs, 134 million cardholders and over 5,700 participating
financial institution
Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial inst ...
s. The STAR Network began in 1984 and was acquired by
First Data Corporation
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for near ...
in 2003. The network is owned and operated by STAR Networks, a subsidiary company of First Data.
Mergers
The network has existed since the 1980s, and has since included several other networks,
mostly in the 2000s:
* Alert
* BankMate
* Cactus
* Cash Station
* Explore
* HONOR
* Money Access Center (MAC)
* MOST
* VIA
See also
*
ATM usage fees
ATM usage fees are the fees that many banks and interbank networks charge for the use of their automated teller machines (ATMs). In some cases, these fees are assessed solely for non-members of the bank; in other cases, they apply to all users.
...
References
External links
STAR Networks
Financial services companies established in 1984
Banking terms
Companies based in San Diego
Financial services companies of the United States
Interbank networks
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