| Operating area | Caribbean |
|---|---|
| ATMs | 104 ATMs and 3,500point of sale terminals |
| Founded | 1994 (1994) |
Caribbean Integrated Financial Services Inc. (CarIFS) was aBarbados-basedinterbank network or ABM-network provider. The company used the brand name CarIFS and offered customers of various financial institutions in Barbados 24-hour access to cash from their bank accounts via any affiliatedAutomated Banking Machine (ABM). The network was shut down in 2020 and card transactions moved to the internationalVISA andMastercard network.[1]
As of 2007[update] the Manager of CarIFS was David Robinson.[2]
There was some criticism of the banks to end CarIFS as fees for customers and merchants increased with the move to the international networks.[3]
As of 2006[update] the network linked over 104 automated banking machines and 35 hundredpoint of sale terminals throughout Barbados and recorded a total of 3.5 million transactions.[2]
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