Caribbean Integrated Financial Services Inc. (CarIFS) was a Barbados-based interbank network or ABM-network provider. The company used the brand name CarIFS and offered customers of various financial institutions in Barbados 24-hour access to cash from their bank accounts via any affiliated Automated Banking Machine (ABM). The network was shutdown in 2020 and card transactions moved to the international VISA and Mastercard network.[1]
As of 2006[update] the network linked over 104 automated banking machines and 35 hundred point of sale terminals throughout Barbados and recorded a total of 3.5 million transactions.[2]
carifs, caribbean, integrated, financial, services, barbados, based, interbank, network, network, provider, company, used, brand, name, offered, customers, various, financial, institutions, barbados, hour, access, cash, from, their, bank, accounts, affiliated,. Caribbean Integrated Financial Services Inc CarIFS was a Barbados based interbank network or ABM network provider The company used the brand name CarIFS and offered customers of various financial institutions in Barbados 24 hour access to cash from their bank accounts via any affiliated Automated Banking Machine ABM The network was shutdown in 2020 and card transactions moved to the international VISA and Mastercard network 1 CarIFSOperating areaCaribbeanATMs104 ATMs and 3 500 point of sale terminalsFounded1994 1994 As of 2007 update the Manager of CarIFS was David Robinson 2 There was some criticism of the banks to end CarIFS as fees for customers and merchants increased with the move to the international networks 3 Contents 1 Statistics 2 Banks with ABMs on CarIFS 3 References 4 External linksStatistics editAs of 2006 update the network linked over 104 automated banking machines and 35 hundred point of sale terminals throughout Barbados and recorded a total of 3 5 million transactions 2 Banks with ABMs on CarIFS editBarbados National Bank BNB Barbados Public Workers Co Op Credit Union Ltd BPWCCUL City of Bridgetown Co op Credit Union Ltd COB FirstCaribbean International Bank FCIB Royal Bank of Canada RBC ScotiabankReferences edit Financial institutions move to VISA and MasterCard as CariFS system ends Barbados Today September 2 2020 a b Carifs pleased with COB deal Caribbean Broadcasting Corporation Archived from the original on 2007 09 27 Retrieved 2007 04 25 A huge error shutting down CARIFS Nation News December 13 2022 External links editOfficial website Prism Services Inc nbsp This Barbados related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title CarIFS amp oldid 1133081233, wikipedia, wiki, book, books, library,
