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ATM network From Wikipedia, the free encyclopedia
Allpoint is an interbank network connecting automated teller machines (ATMs). It offers surcharge-free transactions at ATMs in its network. It operates in the United States, Canada, Mexico, United Kingdom, Australia, and New Zealand. Allpoint is owned by NCR Atleos.
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Operating area | United States, Canada, Mexico, United Kingdom, Australia, and New Zealand |
---|---|
Members | ±1,100 |
ATMs | Over 230,000[1] |
Founded | 2003 |
Owner | NCR Atleos |
Website | www |
Allpoint was founded in 2003 by entrepreneur Ben Psillas of ATM National, Inc., who was tired of looking for ATMs from his own bank.[2]
In 2005, Cardtronics acquired ATM National, Inc. and Allpoint.[3]
In September 2008, Allpoint added ATMs at 5,500 7-Eleven stores to its network.[4]
In October 2010, the network expanded to Australia.[5]
In January 2011, the network expanded to Mexico.[6] In July 2016, Fifth Third Bank joined the network.[7]
In 2015, network member KeyBank 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. [8]
In September 2016, First Tennessee joined the network.[9]
In July 2017, Rite Aid joined the network.[10] Kroger stores in Atlanta were also added to the network.[11] Effective July 2017, ATMs in 7-Eleven stores were removed from the network.[12]
In September 2017, Speedway LLC joined the network.[13]
In October 2017, Five Star Bank joined the network.[14]
Also in 2017, the network counted over 200,000 affiliated ATM machines and became the largest ATM owner/operator in the world.[1]
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