Automatic Bank Services Ltd. (ABANF)

Overview

Automatic Bank Services Limited, based in Holon, Israel, is a pivotal entity within the nation's financial infrastructure, focusing on the operation of payment systems specifically designed for international debit cards. This company not only underpins the credit card clearing system but also facilitates an essential bridge connecting various credit companies, both as clearers and issuers. Moreover, it extends its services to encompass distributors and manufacturers, thereby offering a comprehensive suite of services to businesses at large. Its role extends further to the activation of the confirmation switch on ATM devices, demonstrating a wide-reaching influence on the financial transactions landscape in Israel.

Products and Services

• Payment Systems for International Debit Cards

Automatic Bank Services Limited offers robust payment system solutions tailored for international debit card transactions, ensuring secure and efficient processing tailored to meet global standards.

• Credit Card Clearing Infrastructure

The company provides an essential infrastructure for credit card clearing, facilitating seamless transactions between credit card companies, businesses, and consumers.

• Partnerships with Credit Companies

It establishes partnerships with a range of credit companies, serving as both a clearer and an issuer, which allows for a broad network of credit transaction capabilities.

• Service to Businesses

Automatic Bank Services Limited offers comprehensive services to businesses, aiding in the facilitation of payment processing, thereby supporting the operational needs of a diverse clientele.

• ATM Confirmation Switch Activation

This service highlights its technical capabilities, allowing for the activation of the confirmation switch on ATM devices, ensuring secure and verifiable transactions for users.