Accel (interbank network)


Accel is a North American interbank network owned by Fiserv. It connects over 412,000 automatic teller machines in all 50 states in the United States. The network also has a small number of ATMs in certain U.S. Air Force Bases around the world, and over 3.3 million electronic funds transfer at point-of-sale locations.

History

Accel's Canadian counterpart The Exchange Network is operated by FICANEX, a limited partnership of several Canadian banks and credit unions which licenses "The Exchange" branding and intellectual property from Fiserv. The Exchange Network includes over 3,300 ATMs serving customers of 170 financial institutions—primarily credit unions and online banks but also including smaller banks such as the National Bank of Canada and Canadian Western Bank. The Exchange Network is not used for debit payment processing in Canada, as all Canadian debit cards use the Interac network for EFTPOS debit transaction, but most Exchange debit cards can be used for debit purchases through the Accel network in the United States.