Credit Union 24, MoneyPass Announce Reciprocal Alliance

Friday 19 November 2004 09:51 CET | News

Credit Union 24 of Tallahassee, Florida and Genpass, manager of the MoneyPass surcharge-free EFT network, have formed an alliance wherein participants in CU24s CU HERE surcharge-free program and MoneyPass participants will be able to obtain surcharge-free ATM withdrawals at each others ATMs.

This alliance allows surcharge-free ATM access for CU HEREs 5.5 million cardholders at more than 11,000 ATMs nationwide. The alliance not only adds 2,800 ATMs to those ATMs that MoneyPass cardholders may access surcharge-free, but brings the total number of cardholders that can obtain MoneyPass & CU HERE surcharge-free ATM transactions to more than 12 million. As part of the alliance, Genpass MoneyMaker and Money Belt financial institutions will be able to offer their customers access to CU24s Member Access Atlantic ATM/POS Network. CU24s Member Access Atlantic (MAA) is a coast-to-coast, cooperative EFT network open to regional networks, credit union leagues and service organizations nationwide. With Genpass nationwide ATM coverage, Member Access Atlantic offers cardholders access to tens of thousands of ATMs, plus hundreds of thousands of POS locations throughout the country.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce