SHAZAM (interbank network)

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The SHAZAM network was founded in 1976 and is one of the last[weasel words] remaining member-owned and -controlled Electronic Funds Transfer (EFT) networks and processors in the industry. SHAZAM provides EFT services to more than 1,500 community financial institutions in America, almost entirely located in the Midwest.[citation needed] SHAZAM offers ATM processing, Visa debit and Debit MasterCard national debit products, card authorization services, merchant processing, automated clearing house (ACH) services, and information security services. SHAZAM is endorsed[weasel words] by 15 community financial institution trade organizations and bankers’ banks.[citation needed]

They are partnered with the similarly exclamative network Presto! which is centered in the South.

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[edit] External links


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