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U.S., U.K. networks sign multi-year agreement

NYCE Payments Network has signed a multi-year agreement with a U.K.-based ATM network in order to provide mutual ATM access to customers in both its United States and United Kingdom networks.

Almost all of the U.K.’s significant debit and ATM card issuers are LINK members and the Link Network is hooked up to almost every cash machine in the United Kingdom. Under their reciprocal agreement with NYCE, participating NYCE cardholders will be able to conduct ATM withdrawals in the United Kingdom while U.K. cardholders will be able to use NYCE ATMS in the United States through the new Link-NYCE connection.

NYCE cardholders will now be able to use their cards at more than 360,000 ATMs and two million retail locations, in addition to the new ATM locations made available as terms of the new agreement.

Link chairman Ken Andrew said that the company wanted to expand to make its services available to U.S. cardholders who are traveling in the United Kingdom, particularly with upcoming events such as the 2012 London Olympics.

"NYCE's strategy is focused on serving the needs of its clients,” Neil Marcous, president of NYCE Payments Network, said. "Providing enhanced ATM access between the U.K. and the U.S. helps meet those needs. As the second internationally-focused agreement for NYCE within the last nine months, this teaming with LINK represents and supports NYCE's strategy of expanding globally."

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

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