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"transit payments"

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Illustration of ATM machines representing a shared banking network

ATM

The Netherlands is moving to a shared ATM network

Banks generally prefer to handle their own ATM software and operations. Some banks have third-party firms develop the software while handling operational processes themselves, so each bank ends up doing separate work for both.

Diagram of the ISO 8583 field F45 Track 1 data structure

ISO 8583

ISO 8583 Field Descriptions (F45)

F45 (TRACK-1 DAT) carries the Track 1 data of the card in ISO 7813 format, including field separators and start and end sentinels but excluding the LRC character. It is 76 characters long.