Eufiserv

Last updated
European Savings Banks Financial Services (EUFISERV)
Eufiserv logo.svg
Operating area Austria, Belgium, Czech Republic, Finland, France, Germany, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland
Membersunknown
ATMs57,246
Founded1988 (as the ATM Co-operation project)

EUFISERV (European Savings Banks Financial Services) is a European interbank network connecting the ATMs of savings banks in Austria, Belgium, the Czech Republic, Finland, France, Germany, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, and Switzerland. It is the largest and the only international credit union-owned interbank network in Europe.

Contents

History

Gateway Services

Eufiserv provides Gateway Services to the Visa PLUS network, to MasterCard's Cirrus network, and to the networks of American Express and China UnionPay. [2] [3] All ATMs in the Eufiserv network are connected to the gateways to Visa PLUS, Cirrus and American Express, and therefore accept all Visa, Visa Electron, Visa Debit, PLUS, MasterCard, Maestro, Cirrus, and American Express cards but, until now, only selected ATMs are connected to the CUP gateway. [4] The operations of the gateways to the Visa PLUS and Cirrus networks are outsourced by EUFISERV to Confederacion Espanola de Cajas de Ahorros in Spain.

Network Members

Former members

Related Research Articles

<span class="mw-page-title-main">Debit card</span> Card used for financial transactions, usually without a credit line

A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many of the new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.

<span class="mw-page-title-main">Savings bank</span> Financial institution which mainly accepts and pays interest on savings deposits

A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits.

<span class="mw-page-title-main">Cirrus (interbank network)</span> Worldwide interbank network

Mastercard Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard Inc., it connects all Mastercard credit, debit, and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Mastercard / Maestro logo.

<span class="mw-page-title-main">Plus (interbank network)</span> Worldwide interbank network

Visa Plus is a worldwide interbank network that provides cash to Visa cardholders. As a subsidiary of Visa Inc., it connects all Visa credit, debit and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Visa / Electron logo.

<span class="mw-page-title-main">Visa Debit</span> Debit card

Visa Debit is a major brand of debit card issued by Visa in many countries around the world. Numerous banks and financial institutions issue Visa Debit cards to their customers for access to their bank accounts. In many countries the Visa Debit functionality is often incorporated on the same plastic card that allows access to ATM and any domestic networks like EFTPOS or Interac.

Expressnet is an interbank network connecting the ATM networks of seven major banks in the Philippines. It has the second-largest number of ATMs and the smallest number of customers and member banks. However, its strength among the interbank networks and the ubiquity of BPI ATMs have given birth to the Expressnet motto: "The Powerful Connection".

BancNet is a Philippine-based interbank network connecting the ATM networks of local and offshore banks, and the country's single interbank network in the Philippines in terms of the number of member banks and annual transactions. Due to its status as the country's single ATM switch operator, it is designated by the Bangko Sentral ng Pilipinas (BSP) as the country's national ATM 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 belong to another member of the network.

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. There is usually a higher fee for use of White-label ATMs rather than bank owned ATMs.

<span class="mw-page-title-main">Groupement des Cartes Bancaires CB</span> French national interbank network

Groupement des cartes bancaires CB, also known as simply CB, is France's national interbank network, with over 46,000 ATMs and over 1 million EFTPOS acceptance points.

<span class="mw-page-title-main">Yucho</span>

Yucho is an interbank network in Japan, owned and operated by the postal savings division of Japan Post Bank. It counts some 26,519 ATMs, of which 23,500 are at post offices and 2,869 are away from post offices. The number of ATMs correspond to about one for every post office in Japan, excluding a few post offices that are too small to support ATMs. It is one of the first interbank networks, having been set up in 1979.

<span class="mw-page-title-main">Savings bank (Spain)</span> Type of financial institution in Spain

In Spain, a savings bank is a financial institution that specializes in accepting savings deposits and granting loans. Spanish banks fall into two categories: Privately owned banks (bancos) and government owned banks. The original aim was to encourage thrift among the very poor, but they evolved to compete with and rival commercial banks.

<span class="mw-page-title-main">Spanish Confederation of Savings Banks</span>

The Spanish Confederation of Savings Banks is the representative body of savings banks in Spain.

<span class="mw-page-title-main">Banque et Caisse d'Épargne de l'État</span>

The State Bank and Savings Bank, also known by its Luxemburgish name Spuerkeess, is the leading national financial institution founded in 1856 and governed by the law of 24 March 1989. Spuerkeess is a commercial bank wholly owned by the government of Luxembourg.

<span class="mw-page-title-main">GlobalNet</span>

Global Net is an interbank network in Peru operated by Peruvian bank "Interbank".

<span class="mw-page-title-main">European Savings Banks Group</span>

The European Savings and Retail Banking Group is a European banking association representing around two dozen members from 20 countries, comprising approximately 1000 individual savings and retail banks. These institutions operate 60,000 outlets and employ 810,00 people.

The Euro Alliance of Payment Schemes (EAPS) was an international alliance of European bank and interbank networks that had aimed to creating a pan-European debit card system in the Single Euro Payments Area to rival Visa and Mastercard using existing country specific systems. It was launched in 2007 with the support of the European Union but failed and was abandoned sometime after 2013.

<span class="mw-page-title-main">Girocard</span> Interbank network and debit card service

girocard is an interbank network and debit card service connecting virtually all German ATMs and banks. It is based on standards and agreements developed by the German Banking Industry Committee.

<span class="mw-page-title-main">A Toda Hora</span>

The ATH/A Toda Hora S.A. Network is an interbank network connecting the ATMs of various financial institutions in Colombia.

References

  1. "eufiserv". Archived from the original on 2007-10-23. Retrieved 2008-01-09.
  2. "eufiserv". Archived from the original on 2007-10-23. Retrieved 2008-01-09.
  3. "Archived copy". Archived from the original on 2007-10-06. Retrieved 2008-01-09.{{cite web}}: CS1 maint: archived copy as title (link)
  4. "Archived copy". Archived from the original on 2007-10-06. Retrieved 2008-01-09.{{cite web}}: CS1 maint: archived copy as title (link)
  5. [ permanent dead link ]