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UK, US networks sign mutual ATM access agreement

NYCE Payments Network has signed a multi-year agreement with Link Network, a UK-based ATM network, to provide mutual ATM access to customers of both networks in US and UK.

Under this reciprocal agreement, participating NYCE cardholders will be able to conduct ATM withdrawals in the UK using LINK ATMs, while UK cardholders will be able to use NYCE ATMs in the US through the new Link-NYCE connection.

Most of the UK’s debit and ATM card issuers are Link members, issuing around 100 million debit and ATM cards. There were 63,300 cash machines connected to the Link network at the end of 2010.

The agreement also allows NYCE cardholders to use their cards at more than 360,000 ATMs and two million retail locations in addition to the new ATM locations available.

Link chairman Ken Andrew said Link wanted to expand to make its services available to US visitors while they are in the UK, especially with events such as the London Olympics coming up in 2012.

NYCE Payments Network is a wholly owned subsidiary of Fidelity National Information Services.