Open loop ATMs

Open loop ATMs are machines that accept multiple card networks, such as Visa, MasterCard, or American Express, rather than being restricted to a single bank’s cards. When you use an open loop ATM, your card’s payment network communicates with your card issuer to verify and process transactions. This setup allows you to withdraw cash from various banks and financial institutions using your card, offering more convenience and flexibility. Essentially, open loop ATMs are part of a wide network that facilitates seamless transactions across different banks and card types.