For more than 30 years, the SHAZAM network has been guided by three principles:
- Member-owned and -controlled — SHAZAM is one of the last member-owned and -controlled EFT networks and processors in the industry today. SHAZAM is a partner and not a competitor. Financial institutions provide direction to the network through an elected Board of Directors.
- Committed to equal access — SHAZAM believes all financial institutions are entitled to electronic convenience.
- Cost-effective, reliable service — as a not-for-profit corporation, SHAZAM's focus is providing cost-effective, reliable services that allow SHAZAM financial institutions to remain competitive in their local markets.
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The SHAZAM Network consists of nearly 1,600 financial institution in 30 states. |
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