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Mastercard Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard Inc., it connects all Mastercard credit , debit and prepaid cards , as well as ATM cards issued by various banks worldwide bearing the Mastercard / Maestro logo.
Cirrus ® is the brand name that stands for the global Mastercard/Cirrus ATM Network—among the largest ATM networks in the world. The Cirrus brand represents immediate deposit account access convenience at millions of ATM locations worldwide.
Cirrus is a Mastercard-owned interbank network brand founded in 1982, meaning Cirrus cards can also be used at any Mastercard ATM location. Cirrus has one of the largest ATM networks in the world through Mastercard, with over two million ATMs in more than 200 countries.
Interbank Network for Electronic Transfer (INET) dealt with the transfer of funds, while MasterCard’s Interbank National Authorization System (INAS) processed card authorizations.
Cirrus is an interbank network operated by MasterCard found in 93 countries. It links MasterCard, Maestro, Diners Club cards to its network. The network is frequently found in the United States, Canada, Venezuela, Chile, and Saudi Arabia. In India and Bangladesh, the Cirrus network serves as both a local and international interbank network.Use ...
(January 2015) An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.
According to sources, Cirrus is a “worldwide interbank network operated by Mastercard Worldwide.” Since it acts as a link between Mastercard, Maestro, Diners prepaid, debit and credit cards to a network of over one million ATMs in 93 countries, this is a major player in the payments space.
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Mastercard Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard Inc., it connects all Mastercard credit, debit and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Mastercard / Maestro logo. Founded in 1982, prior to its acquisition by Mastercard in 1987, Cirrus System, LLC was owned by Bank of Montreal... Wikipedia