MITR ATM Sharing Network
| Operating area | India |
|---|---|
| Members | 6 |
| Founded | 8 October 2003 |
MITR was a multilateral interbank network sharing arrangement of 6 member Banks in India for automated teller machines (ATMs) that operated between 2003 and 2016. Punjab National Bank (PNB) acted as the settlement bank for the MITR Network
History
It came into existence on 8 October 2003 with five member banks, Punjab National Bank (PNB), Oriental Bank of Commerce (OBC), Indian Bank, Karur Vysya Bank and IndusInd Bank with UCO Bank joining later.[1] ATM transaction switching technology was provided by Chennai-based Financial Software Solutions Ltd.
The sharing arrangement formally ended in 2016 when each of the member banks joined the Indian National Financial Switch directly.[2]
Competitors
- Cashnet
- CashTree
- BANCS
References
Banks portal
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Interbank networks by region
- CLS
- Cirrus
- Plus
- SWIFT
- 123 (Egypt)
- Multicaixa (Angola)
- ArCa (Armenia)
- BEFTN (Bangladesh)
- 1LINK (Pakistan)
- MNET
- ALTO (Indonesia)
- ATM Bersama
- Link
- PRIMA/ATM BCA
- Treats/ATM BNI
- atm5 (Singapore)
- EZ-Link
- MEPS+
- NETS
- BancNet (Philippines)
- ENS
- Nationlink
- CHATS (Hong Kong)
- EPS
- FPS
- JETCO
- Dutch Bangla Bank Nexus (Bangladesh)
- Isracard (Israel)
- LankaPay (Sri Lanka)
- SLIPS
- PayNet (Malaysia)
- Saudi Payments Network (Saudi Arabia)
- Shetab Banking System (Iran)
- The Benefit Company (Bahrain)
- UnionPay (China)
- ACS [ja] (Japan)
- BANCS [ja]
- LONGS [ja]
- MICS [ja]
- Yucho
- Euronet BANCS (India)
- FIS Cashnet
- CashTree
- MITR
- NFS
- RuPay
- Allied Irish Banks Banklink (Ireland)
- Bancomat (Italy)
- Bancontact (Belgium)
- Currence (Netherlands)
- Girocard (Germany)
- Carte Bleue (France)
- KoronaPay (Russia)
- Mir
- Sbercard
- Link (United Kingdom)
- Vocalink
- Multibanco (Portugal)
- Otto. (Finland)
| International |
|---|
- Acculink
- Alberta Regional Network
- Armed Forces Financial Network
- ATH
- CarIFS
- Co-op Solutions
- Discover Network
- Pulse
- FIS
- NYCE
- SUM
- fiserv
- Accel / The Exchange
- MoneyPass
- First Data
- STAR
- MAC
- Interac
- NCR
- Visa
- Interlink
- Presto!
- SHAZAM
- Zelle
- Banco24Horas (Brazil)
- Banelco (Argentina)
- A Toda Hora (Colombia)
- Banred (Uruguay)
- GlobalNet (Peru)
- Redbanc (Chile)
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