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Money Access Center

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20: 1269: 204:, which expanded Concord's networks to 28 states. In its press-release about the acquisition of STAR in 2001 Concord announced its intent to consolidate the three networks under the STAR banner due to STAR's better name recognition, making STAR the largest ATM network in the country. The MAC (and Cash Station) banner was to be phased out over a period of four years 141:. PNB was able to line up support from thirteen other financial institutions at launch, capturing significantly more market share than GEORGE, to the point that the locals preferred the terms "MAC machine" and "MAC card" to "ATM" or "ATM card". 212:
In 2014, JetPay, founded by Bipin Shah, who ran the MAC network while working at CoreStates, announced a product called Money Access Card, a reloadable payment card for JetPay's payroll-processing-company clients
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acquired EPS for $ 920 Million. This turned out to be a very profitable deal for Concord, so it acquired two more ATM networks in the next two years, Cash Station and
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In 1988 CoreStates acquired and integrated MAC competitor CashStream, making MAC the second-largest regional ATM network, behind only
718: 854: 824: 88:. The network was one of the first in the nation, and helped universalize ATM banking. At its height MAC operated 59,000 ATMs in 762: 429: 944: 757: 454: 966: 539: 134: 479: 1056: 713: 1173: 692: 505:"ATM or MAC: Is it a Pennsylvania thing to call an ATM a MAC (Money Access Card) machine. Or am I just old?" 1016: 903: 77: 281: 1294: 1272: 909: 724: 532: 1185: 575: 36: 1117: 1081: 1021: 876: 769: 229: 193: 260: 1132: 1051: 871: 647: 642: 580: 201: 85: 81: 1105: 1061: 601: 989: 775: 708: 415: 781: 729: 676: 672: 306: 956: 927: 162: 158: 8: 787: 178: 170: 897: 403: 1011: 739: 667: 663: 555: 385: 73: 1076: 658: 19: 1071: 154: 133:
MAC was launched in 1979 by the Philadelphia National Bank (PNB), later renamed
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Through the 1990s EPS expressed its desire to go public, either by issuing an
1288: 1095: 624: 389: 137:, to compete with the GEORGE network, which was launched one year earlier by 105: 1222: 89: 350:"Leading regional banks join in electronic payment service – UPI Archives" 1234: 1156: 653: 138: 1180: 1127: 977: 932: 607: 232:
in certain parts of Pennsylvania and New Jersey, along with the phrase
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continue to be used to refer to ATMs and ATM cards respectively as a
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for MAC, called Electronic Payment Services (EPS), headquartered in
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United States, between 1979 and 2005, when it was absorbed into the
1161: 1046: 1006: 972: 961: 937: 921: 915: 866: 829: 817: 793: 751: 745: 681: 378:"COMPANY NEWS; CONCORD EFS TO PURCHASE ELECTRONIC PAYMENT SERVICES" 166: 117: 109: 101: 97: 1252: 1228: 1146: 1026: 861: 841: 702: 687: 174: 1240: 1206: 1112: 1066: 1190: 983: 881: 848: 734: 636: 585: 1100: 1086: 150: 113: 189: 196:. The latter happened in 1999 when publicly-traded 183: 430:"Concord EFS acquires Electronic Payment Services" 1286: 554: 540: 999: 1305:2005 disestablishments in the United States 547: 533: 161:. The company was co-owned by CoreStates, 144: 477: 1300:1979 establishments in the United States 236:to describe getting money from an ATM. 18: 323: 1287: 502: 455:"Concord EFS, Inc. | Encyclopedia.com" 207: 528: 375: 371: 369: 257:"MAC machine name is on its way out" 251: 249: 478:DiStefano, Joseph N. (2014-03-18). 13: 14: 1316: 366: 246: 1268: 1267: 184:Acquisition and Merger with STAR 496: 153:. In 1992 CoreStates created a 1057:Armed Forces Financial Network 471: 447: 422: 376:News, Bloomberg (1998-11-24). 342: 324:Sickler, Ted M. (1988-01-25). 317: 299: 274: 1: 239: 173:. These were later joined by 1017:European Payments Initiative 259:. 2001-07-03. Archived from 7: 898:Allied Irish Banks Banklink 326:"MAC to replace CashStream" 282:"Star quality for your ATM" 128: 10: 1321: 192:or by being acquired by a 123: 1262: 1215: 1199: 1039: 1022:Single Euro Payments Area 890: 617: 594: 563: 484:The Philadelphia Inquirer 216: 66:Money Access Center (MAC, 55: 47: 32: 1052:Alberta Regional Network 992:(Bosnia and Herzegovina) 740:Dutch Bangla Bank Nexus 194:publicly traded company 145:Growth and Independence 23:MAC (Money Access Card) 776:Saudi Payments Network 480:"The MAC Card is back" 434:www.atmmarketplace.com 24: 782:Shetab Banking System 503:Reddit (2022-12-11). 22: 16:ATM Network in the US 1118:Accel / The Exchange 928:Bankcard-Servicenetz 459:www.encyclopedia.com 159:Wilmington, Delaware 788:The Benefit Company 330:The Daily Collegian 208:Revival of the Name 179:National City Corp. 171:Society Corporation 29: 1295:Interbank networks 990:BH Mreža bankomata 556:Interbank networks 414:has generic name ( 382:The New York Times 307:"Insert Card Here" 70:Money Access Card) 27: 25: 1282: 1281: 1035: 1034: 1012:Euronet Worldwide 286:thereporteronline 63: 62: 1312: 1271: 1270: 1077:Discover Network 997: 996: 969:(United Kingdom) 845: 833: 821: 808: 549: 542: 535: 526: 525: 519: 518: 516: 515: 500: 494: 493: 491: 490: 475: 469: 468: 466: 465: 451: 445: 444: 442: 441: 426: 420: 419: 413: 409: 407: 399: 397: 396: 373: 364: 363: 361: 360: 346: 340: 339: 337: 336: 321: 315: 314: 303: 297: 296: 294: 293: 278: 272: 271: 269: 268: 253: 30: 26: 1320: 1319: 1315: 1314: 1313: 1311: 1310: 1309: 1285: 1284: 1283: 1278: 1258: 1211: 1195: 1072:Co-op Solutions 1031: 995: 886: 839: 827: 815: 802: 613: 590: 559: 553: 523: 522: 513: 511: 501: 497: 488: 486: 476: 472: 463: 461: 453: 452: 448: 439: 437: 428: 427: 423: 411: 410: 401: 400: 394: 392: 374: 367: 358: 356: 348: 347: 343: 334: 332: 322: 318: 305: 304: 300: 291: 289: 280: 279: 275: 266: 264: 255: 254: 247: 242: 219: 210: 186: 155:holding company 147: 131: 126: 17: 12: 11: 5: 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365: 341: 316: 298: 273: 244: 243: 241: 238: 218: 215: 209: 206: 185: 182: 146: 143: 130: 127: 125: 122: 61: 60: 57: 53: 52: 49: 45: 44: 34: 33:Operating area 15: 9: 6: 4: 3: 2: 1317: 1306: 1303: 1301: 1298: 1296: 1293: 1292: 1290: 1275: 1274: 1265: 1264: 1261: 1254: 1251: 1248: 1245: 1242: 1239: 1236: 1233: 1230: 1227: 1224: 1221: 1220: 1218: 1216:South America 1214: 1208: 1205: 1204: 1202: 1198: 1192: 1189: 1187: 1184: 1182: 1179: 1175: 1172: 1171: 1169: 1163: 1160: 1159: 1158: 1155: 1154: 1153: 1150: 1148: 1145: 1139: 1136: 1134: 1131: 1130: 1129: 1126: 1124: 1121: 1119: 1116: 1115: 1114: 1111: 1107: 1104: 1102: 1099: 1098: 1097: 1094: 1088: 1085: 1084: 1083: 1080: 1079: 1078: 1075: 1073: 1070: 1068: 1065: 1063: 1060: 1058: 1055: 1053: 1050: 1048: 1045: 1044: 1042: 1040:North America 1038: 1028: 1025: 1023: 1020: 1018: 1015: 1013: 1010: 1008: 1005: 1004: 1002: 1000:International 998: 991: 988: 985: 982: 979: 976: 974: 971: 968: 965: 963: 960: 958: 955: 952: 949: 946: 943: 939: 936: 934: 931: 929: 926: 925: 923: 920: 918:(Netherlands) 917: 914: 911: 908: 905: 902: 899: 896: 895: 893: 889: 883: 880: 878: 875: 873: 870: 868: 865: 863: 859: 856: 852: 850: 847: 843: 838: 835: 831: 826: 823: 819: 814: 811: 806: 801: 798: 795: 792: 789: 786: 783: 780: 777: 774: 771: 768: 767: 764: 761: 759: 756: 753: 750: 747: 744: 741: 738: 736: 733: 731: 728: 726: 723: 720: 717: 715: 712: 710: 707: 705:(Philippines) 704: 701: 699: 696: 694: 691: 689: 686: 683: 680: 678: 674: 671: 669: 665: 662: 660: 657: 655: 652: 649: 646: 644: 641: 638: 635: 632: 629: 626: 623: 622: 620: 616: 609: 606: 603: 600: 599: 597: 593: 587: 584: 582: 579: 577: 574: 572: 569: 568: 566: 562: 557: 550: 545: 543: 538: 536: 531: 530: 527: 510: 506: 499: 485: 481: 474: 460: 456: 450: 435: 431: 425: 417: 405: 391: 387: 383: 379: 372: 370: 355: 351: 345: 331: 327: 320: 312: 308: 302: 287: 283: 277: 263:on 2022-06-23 262: 258: 252: 250: 245: 237: 235: 231: 227: 223: 214: 205: 203: 199: 195: 191: 181: 180: 176: 172: 168: 164: 160: 156: 152: 142: 140: 136: 121: 119: 115: 111: 107: 106:West Virginia 103: 99: 95: 91: 87: 83: 79: 75: 71: 67: 58: 54: 50: 46: 43:United States 42: 38: 35: 31: 21: 1266: 1223:Banco24Horas 1137: 742:(Bangladesh) 633:(Bangladesh) 512:. Retrieved 508: 498: 487:. Retrieved 483: 473: 462:. Retrieved 458: 449: 438:. Retrieved 436:. 2002-02-21 433: 424: 393:. Retrieved 381: 357:. Retrieved 353: 344: 333:. Retrieved 329: 319: 313:. July 1988. 310: 301: 290:. Retrieved 288:. 2001-04-16 285: 276: 265:. Retrieved 261:the original 233: 225: 221: 220: 211: 187: 148: 132: 90:Pennsylvania 86:STAR network 78:Mid-Atlantic 69: 65: 64: 37:Mid-Atlantic 1235:A Toda Hora 1231:(Argentina) 1157:Cardtronics 945:Carte Bleue 840: [ 828: [ 816: [ 803: [ 754:(Sri Lanka) 721:(Hong Kong) 684:(Singapore) 654:ATM Bersama 650:(Indonesia) 412:|last= 230:regionalism 222:MAC Machine 198:Concord EFS 139:Girard Bank 74:ATM network 1289:Categories 1237:(Colombia) 1128:First Data 980:(Portugal) 978:Multibanco 933:Cash Group 924:(Germany) 910:Bancontact 772:(Malaysia) 714:Nationlink 639:(Pakistan) 608:Multicaixa 514:2023-11-05 489:2023-11-05 464:2023-11-05 440:2023-11-05 395:2023-11-05 359:2023-11-05 335:2023-11-05 292:2023-11-05 267:2023-11-05 240:References 135:CoreStates 94:New Jersey 82:Midwestern 41:Midwestern 1247:GlobalNet 1243:(Uruguay) 1174:Interlink 1123:MoneyPass 986:(Finland) 951:KoronaPay 912:(Belgium) 900:(Ireland) 790:(Bahrain) 627:(Armenia) 564:Worldwide 558:by region 404:cite news 390:0362-4331 1273:Category 1225:(Brazil) 1162:Allpoint 1047:Acculink 1007:Eufiserv 973:Vocalink 962:Sbercard 953:(Russia) 947:(France) 938:CashPool 922:Girocard 916:Currence 904:Bancomat 867:CashTree 853:Euronet 794:UnionPay 752:LankaPay 748:(Israel) 746:Isracard 610:(Angola) 226:MAC Card 167:PNC Bank 163:Bank One 129:Creation 118:Michigan 110:Kentucky 102:Maryland 98:Delaware 1255:(Chile) 1253:Redbanc 1229:Banelco 1200:Oceania 1181:Presto! 1147:Interac 1027:TARGET2 906:(Italy) 862:Cashnet 857:(India) 809:(Japan) 796:(China) 703:BancNet 688:EZ-Link 677:ATM BNI 668:ATM BCA 604:(Egypt) 234:tap MAC 175:KeyCorp 124:History 76:in the 72:was an 56:Defunct 48:Founded 1249:(Peru) 1241:Banred 1207:EFTPOS 1186:SHAZAM 1113:fiserv 1067:CarIFS 891:Europe 784:(Iran) 770:PayNet 673:Treats 595:Africa 576:Cirrus 388:  217:Legacy 169:, and 116:, and 1191:Zelle 1170:Visa 1082:Pulse 984:Otto. 882:RuPay 855:BANCS 849:Yucho 844:] 832:] 825:LONGS 820:] 813:BANCS 807:] 763:CEFTS 758:SLIPS 735:JETCO 719:CHATS 693:MEPS+ 664:PRIMA 637:1LINK 631:BEFTN 586:SWIFT 68:also 1133:STAR 1101:NYCE 1087:TYME 967:Link 872:MITR 860:FIS 837:MICS 698:NETS 659:Link 648:ALTO 643:MNET 625:ArCa 618:Asia 581:Plus 416:help 386:ISSN 224:and 202:STAR 177:and 151:NYCE 114:Ohio 80:and 59:2005 51:1979 39:and 1152:NCR 1138:MAC 1106:SUM 1096:FIS 1062:ATH 957:Mir 877:NFS 800:ACS 730:FPS 725:EPS 709:ENS 682:atm 602:123 571:CLS 354:UPI 311:CIO 190:IPO 28:MAC 1291:: 842:ja 830:ja 818:ja 805:ja 507:. 482:. 457:. 432:. 408:: 406:}} 402:{{ 384:. 380:. 368:^ 352:. 328:. 309:. 284:. 248:^ 165:, 120:. 112:, 108:, 104:, 100:, 96:, 92:, 675:/ 666:/ 548:e 541:t 534:v 517:. 492:. 467:. 443:. 418:) 398:. 362:. 338:. 295:. 270:.

Index

MAC (Money Access Card)
Mid-Atlantic
Midwestern
ATM network
Mid-Atlantic
Midwestern
STAR network
Pennsylvania
New Jersey
Delaware
Maryland
West Virginia
Kentucky
Ohio
Michigan
CoreStates
Girard Bank
NYCE
holding company
Wilmington, Delaware
Bank One
PNC Bank
Society Corporation
KeyCorp
National City Corp.
IPO
publicly traded company
Concord EFS
STAR
regionalism

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