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System and method for providing automatic teller machine services to multiple financial institutions

  • US 20020032656A1
  • Filed: 03/27/2001
  • Published: 03/14/2002
  • Est. Priority Date: 03/31/2000
  • Status: Abandoned Application
First Claim
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1. A system for providing ATM services comprising:

  • an ATM service provider, the provider providing at least two ATMs, wherein the ATMs are connected to a network;

    a plurality of financial institutions, each financial institution having a plurality of customers, wherein each financial institution contracts with the ATM service provider for the provision of ATM services to its customers; and

    the ATM service provider providing ATM services to the customers of the financial institutions, wherein the ATM service provider generates revenue by charging each financial institution an access fee for access to the ATM network and by collecting an interchange fee for each transaction initiated by each of the financial institution'"'"'s respective customers.

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