The SHAZAM Payments Network
SHAZAM’s a client-focused organization. We’re also member-owned and a nonprofit so we’re able to provide lower network fees to your partner financial institution that can result in better net interchange income for you.
Why does this matter?
We can help connect you with a sponsoring financial institution providing the opportunity for your organization earn the most money possible on every single transaction run across our network.
Since the Durbin Amendment was implemented in 2011, it’s required to have two unaffiliated networks on your debit card. To help explain, Visa® and Mastercard® are seen as global brands on an issued debit card. Which means, to satisfy the Durbin Amendment, you must choose a secondary network that's NOT Visa or Mastercard. And having the right unaffiliated networks can significantly impact your bottom line.
The U.S. debit networks (i.e. SHAZAM, Pulse, NYCE, Star) offer programs that can help return greater net interchange income for your business. Yet, interchange incomes and expenses can vary greatly between the global and U.S. debit networks.