Allpoint
{{Short description|ATM network}}
{{Unreliable sources|date=March 2021}}
{{Infobox Interbank Network
| name = Allpoint
| logo = 140px
| area = United States, Canada, Mexico, United Kingdom, Australia, and New Zealand
| members = ±1,100
| foundation = {{start date and age|2003}}
| owner = NCR Atleos
| website = {{URL|http://www.allpointnetwork.com/}}
}}
Allpoint is an interbank network connecting automated teller machines (ATMs). It offers surcharge-free transactions at ATMs in its network. It operates in the United States, Canada, Mexico, United Kingdom, Australia, and New Zealand. Allpoint is owned by NCR Atleos.
History
Allpoint was founded in 2003 by entrepreneur Ben Psillas of ATM National, Inc., who was tired of looking for ATMs from his own bank.{{cite press release | url=https://globenewswire.com/news-release/2009/01/15/390974/157713/en/Allpoint-Network-Flourishes-by-Providing-Surcharge-Free-ATM-Access.html | title=Allpoint Network Flourishes by Providing Surcharge-Free ATM Access | publisher=GlobeNewswire | date=January 15, 2009}}
In 2005, Cardtronics acquired ATM National, Inc. and Allpoint.{{cite press release | url=https://globenewswire.com/news-release/2006/02/23/339811/94696/en/Cardtronics-Announces-Fourth-Quarter-and-Full-Year-2005-Financial-Results.html | title=Cardtronics Announces Fourth Quarter and Full Year 2005 Financial Results | publisher=GlobeNewswire | date=February 22, 2006}}
In September 2008, Allpoint added ATMs at 5,500 7-Eleven stores to its network.{{cite press release | url=https://globenewswire.com/news-release/2008/09/03/384084/149585/en/Allpoint-Network-Adds-7-Eleven-ATMs.html | title=Allpoint Network Adds 7-Eleven ATMs | publisher=GlobeNewswire | date=September 3, 2008}}
In October 2010, the network expanded to Australia.{{cite press release | url=https://www.nbcnews.com/id/wbna39719535 | title=Allpoint(R) Network Expands to Australia | publisher=GlobeNewswire | date=October 18, 2010}}
In January 2011, the network expanded to Mexico.{{cite press release | url=https://globenewswire.com/news-release/2011/01/18/437898/211190/en/Allpoint-R-Network-Enters-Mexico.html | title=Allpoint(R) Network Enters Mexico | publisher=GlobeNewswire | date=January 18, 2011}} In July 2016, Fifth Third Bank joined the network.{{cite press release | url=https://globenewswire.com/news-release/2016/07/19/857061/0/en/Allpoint-Network-Key-to-Fifth-Third-Bank-Transformation.html | title=Allpoint Network Key to Fifth Third Bank Transformation | publisher=GlobeNewswire | date=July 19, 2016}}
In 2015, network member KeyBank of Ohio was awarded a contract to distribute unemployment claims in the state of New York. Large numbers of New Yorkers were able to leverage the network affiliation to avoid surcharges against their COVID-19 related unemployment benefits when their preferred ATM machines were emptied during the 2020 pandemic. {{cite news |last=Haag |first=Matthew |url=https://www.nytimes.com/2020/06/05/nyregion/keybank-nyc-coronavirus.html |title=To Reach a Single A.T.M., a Line of Unemployed Stretches a Block |work=New York Times |location=New York |date=2020-06-05 |accessdate=2020-10-17 }}
In September 2016, First Tennessee joined the network.{{cite press release | url=https://globenewswire.com/news-release/2016/09/13/871441/0/en/First-Tennessee-Bank-Transforms-ATM-Channel-with-Allpoint-Network.html | title=First Tennessee Bank Transforms ATM Channel with Allpoint Network | publisher=GlobeNewswire | date=September 13, 2016 }}
In July 2017, Rite Aid joined the network.{{cite press release | url=https://globenewswire.com/news-release/2017/07/11/1042402/0/en/Allpoint-Surcharge-Free-ATM-Network-Adds-Rite-Aid-Pharmacies.html | title=Allpoint Surcharge-Free ATM Network Adds Rite Aid Pharmacies | publisher=GlobeNewswire | date=July 11, 2017}} Kroger stores in Atlanta were also added to the network.{{cite press release | url=https://globenewswire.com/news-release/2017/07/27/1063406/0/en/Allpoint-Surcharge-Free-ATM-Network-Adds-Kroger-Grocery-Stores-in-Atlanta.html | title=Allpoint Surcharge-Free ATM Network Adds Kroger Grocery Stores in Atlanta | publisher=GlobeNewswire | date=July 27, 2017}} Effective July 2017, ATMs in 7-Eleven stores were removed from the network.{{cite news | url=http://www.cutimes.com/2015/07/10/7-eleven-shakes-up-atm-market | title=7-Eleven Shakes Up ATM Market | first=David | last=Morrison | work=Credit Union Times | date=July 10, 2015}}
In September 2017, Speedway LLC joined the network.{{cite press release | url=https://globenewswire.com/news-release/2017/09/21/1125797/0/en/Allpoint-Surcharge-Free-ATM-Network-Now-Available-in-Speedway-Convenience-Stores.html | title=Allpoint Surcharge-Free ATM Network Now Available in Speedway Convenience Stores | publisher=GlobeNewswire | date=September 21, 2017}}
In October 2017, Five Star Bank joined the network.{{cite press release | url=https://globenewswire.com/news-release/2017/10/16/1148237/0/en/Five-Star-Bank-Partners-with-Allpoint-to-Expand-ATM-Network.html | title=Five Star Bank Partners with Allpoint to Expand ATM Network | publisher=GlobeNewswire | date=October 16, 2017}}
Also in 2017, the network counted over 200,000 affiliated ATM machines and became the largest ATM owner/operator in the world.{{cite web |url=https://www.sec.gov/Archives/edgar/data/1671013/000155837018001333/catm-20171231x10k.htm |title= ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |work=Archives |publisher=Securities and Exchange Commission |date=2018-02-28 |accessdate=2020-10-17 |quote=We also own and operate the Allpoint network (“Allpoint”), the largest surcharge-free ATM network (based on the number of participating ATMs). As of December 31, 2017, we were the world’s largest ATM owner/operator, providing services to over 230,000 ATMs. }}