DENVER — In a move which could sharply shift the dynamics of the U.S. ATM market, some participants in the STAR Network will be able to offer their cardholders surcharge-free ATM access through Allpoint Network's 32,000 ATMs nationwide.
The STAR Network is a subsidiary of First Data and reports 5,400 financial institution participants nationwide.
Access to Allpoint ATMs will be offered to participants in STAR's surcharge-free brand, STARsf, the company said. A spokesman for First Data would not reveal how many institutions currently belong to STARsf, but an industry source estimated it to be in the hundreds.
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