ACCEL/Exchange

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ACCEL/Exchange
Operating area United States, Canada
Members ±3,500 (U.S.)
249 (Canada)
ATMs ±102,000
Founded 1974 (as The Exchange)

ACCEL/Exchange is an interbank network. It connects over 100,000 ATMs in all 50 United States, with a further 2,000 throughout Canada under its subsidiary, The Exchange Canada. The network also has a small number of ATMs in certain U.S. Air Force Bases around the world, as well as over 500,000 EFTPOS locations.

Cardholders of ACCEL/Exchange or The Exchange Canada can use either country's network of ATMs at no extra charge. The U.S. division is managed by Fiserv and the Canadian one by FICANEX.

[edit] History

  • 1974: The Exchange was founded in the Pacific Northwest of the United States, as an interbank network, touting itself as the world's first 24-hour ATM network.[1]
  • 1983: The network expanded just North of the border, to unite the ATMs of several credit unions in British Columbia.[2] The move took place one year before the much larger Interac network was founded by five leading banks.
  • 1985: ACCEL was founded, also in the Northwest of the United States, primarily as an EFTPOS network.
  • 1991: The two companies merged to form ACCEL/Exchange.

[edit] References

Separate logos of ACCEL and The Exchange prior to the merger
Enlarge
Separate logos of ACCEL and The Exchange prior to the merger

[edit] External links


Interbank networks by region
Multiregional:

Cirrus | Maestro | PLUS

Africa:

CashNet | Interswitch | SASWITCH

Asia Pacific:

1Link | ALTO | Artajasa | atm5 | ATM BCA | ATM Bersama | ATM BII (Superkasa) | BancNet | Bankline | Cashnet | CashTree | ENS | ETC | Expressnet | Himbara | JETCO | Link | MEPS | MegaLink | MITR | MNET | Nationlink | Sanwa | UnionPay | Yucho | FISC

Caribbean:

ATH | Midas | Unired

Europe:

4B | Altın Nokta | BankAxept | Bankomat | BKM | Cash Group | CB | DIAS | Eufiserv | Euronet | LINK | Multibanco | Ortak Nokta | Otto. | ServiRed | StarNet

Middle East:

123 | BANCS | Bankernet | CSC | JoNet | NAPS | OmanSwitch | Shetab | SPAN | UAE Switch

North America:

Abby | ACCEL/Exchange | Access 24 | Advantage | Alaska Option | Alert | Allpoint | Annie | ARN | Award | BankMate | BOH | Cash Station | Checkokard | CO-OP | Credit Union 24 | Credomatic | Discover Network | Easy Answer | Express | Express Teller | Fastbank | Gulfnet | HandiBank | Handy 24 | Honor | Instant Cash | Instant Teller | Interlink | Interac | Jeanie | KETS | LYNX | MAC | Magic Line | Member Access Pacific | Minibank | Money Belt | Money Network | MoneyMaker | Money Station | MOST | MPact | Networks | NYCE | Peak | Presto! | Pulse | Quest | RED | Red Total | SC 24 | Service Card System | SHAZAM | STAR | SUM | The Exchange | Transact | Transfund | TX Network | Tyme | Universal Money Center | Via | X-PRESS 24 | Yankee 24

South America:

GlobalNet | Link | Redbanc | Telebanco | Unicard | Conexus | Suiche 7B | Banelco

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