MoneyPass

MoneyPass for Financial Institutions

MoneyPass, one of the fastest growing surcharge-free ATM networks, passes a significant advantage on to your cardholders—coast-to-coast, surcharge-free ATM access – while providing valuable benefits for your financial institution.

  • MoneyPass is a national surcharge-free network with thousands of ATMs across the nation
  • Over 24,000,000 MoneyPass cardholders and over 750 participating financial institutions and growing
  • Both card issuers and ATM owners can participate in the MoneyPass network
  • Many large banks, credit unions and associations are participants and sponsors
  • As the network continues to grow, your cardholders have access to more and more surcharge-free ATMs near where they live, work or travel.

Benefits of Participating

When you participate in the MoneyPass network you can avoid the considerable cost of new ATM installations and upgrades. You immediately grow the number of ATMs you provide to your customers and members allowing you to remain competitive with other financial institutions.

  • Be more competitive
    • Consumers consider the number of ATMs available to them when choosing a new financial institution
    • Participating in MoneyPass helps you compete with other financial institutions without the cost of adding ATMs
    • Retain and attract customers or members by providing necessary convenience and value
  • Increase transaction volume without increasing costs
    • Attract more foreign cardholders, and subsequent revenue, to your ATMs
    • Cardholders have access to a nationwide surcharge-free network, as opposed to a local or regional ATM fleet
    • Cardholders may be less likely to receive cash back at the POS if they have convenient, surcharge-free access to their cash
  • Satisfy customers and members
    • It is more cost effective to keep current customers and members than to replace them – give them what they want
    • Extensive network with accessible locations ensures your cardholders can easily get to their cash
  • No need to exit existing local, regional or national networks
  • No expensive mass card reissue needed

MoneyPass is Everywhere

With the MoneyPass surcharge-free network, cardholders are never far away from their money.

  • Thousands of surcharge-free ATMs in convenient, accessible locations
  • ATMs located across the nation with major concentrations in the Midwest, mid Atlantic and Western regions of the U.S.
  • MoneyPass ATMs are not just available at other financial institution locations
    • Easy access at retail locations such as gas stations, supermarkets, convenience stores, restaurants and a variety of other locations

Increase Revenue with MoneyPass

We understand that ATM fees are an important source of revenue. Your cardholders won't pay a surcharge at participating ATMs, but you can still earn surcharge revenue by assessing fees to cardholders from non-participating financial institutions. Here’s how you can make money with MoneyPass:

  • Other MoneyPass cardholders may make more ATM transactions for smaller amounts, rather than fewer large amount transactions and keep more funds in your institution
  • Continuing to charge foreign fees to your cardholders can actually increase fee income with an increase in us-on-others ATM transactions
  • When a MoneyPass cardholder from another financial institution uses your ATM you will receive higher interchange than you receive today.

Why Participate in MoneyPass?

  • No need to issue new cards
  • Easy card issuance if necessary, including MoneyPass branded cards through our own production facility
  • Easy and efficient implementation with setup in as little as 45 days in many cases
  • Remain with your existing processor or evaluate Elan Financial Services as your processor
  • Save the capital cost of deploying and operating expensive new ATMs and give your cardholders access to thousands of ATMs immediately
  • We assist with details such as employee education, promotional programs, ATM locator and ATM signage
  • Continue to participate in other networks, simply add MoneyPass

Marketing and Support

When you participate in the MoneyPass network, we provide you with the tools you need to promote MoneyPass and offer our unique style of service. You will receive an innovative toolkit that contains a CD with ready-to-print marketing materials to create table tents, inserts, newspaper/newsletter ads and much more.

  • Ready to print marketing pieces
  • Create awareness with existing cardholders
  • Draw new business by promoting externally
  • Customize pieces with your logo and contact info
  • Web locator link from your website to MoneyPass.com or download our location listing to your website directly.

  • As a community bank, we are proud to be able to offer our customers a wide range of services, including access to a surcharge-free ATM network.

    -Sue Filchner, AVP
    First Star Savings Bank