INTERBANK NETWORK
or
ATM CONSORTIUM
or
ATM NETWORK
is a computer network that connects the ATM (Automated Teller Machine) of different banks and permits these ATMs to interact with the ATM cards of non-native banks.
That is why we are able to withdraw cash on any ATM MACHINES where (our) Bank is a Network Member.
Still don't get what I say????
So, I assume you now understand.
There are lots and lots of ATM NETWORKS all over the world.
So I am just going to list the HOMEGROWN or PHILIPPINES-BASED ATM Networks.
On my next post, I will talk about VISA.
No comments:
Post a Comment