Printer Friendly

BARNETT BANKS INC. REPRESENTATIVE JOINS INTERLINK BOARD OF DIRECTORS

 SAN FRANCISCO, Nov. 23 /PRNewswire/ -- Interlink Network announced today that Cynthia A. Graham, president and chairman of the board of Barnett Card Services Corp., has been appointed to the Interlink Network board of directors. This brings the total number of Interlink board members to 25.
 Graham currently manages credit and debit cardholder programs at Barnett Banks Inc. (NYSE: BBI), which has 725 automated teller machines and 1.2 million ATM cardholders throughout Florida and Georgia.
 "We very much value the additional expertise and experience Cynthia brings to the board of our growing network, which has recently expanded to include more than 500 financial institutions nationwide," said Wesley C. Tallman, president of Interlink Network.
 Interlink Network, a subsidiary of Visa U.S.A., is the largest direct debit, point-of-sale (POS) network in the world. Interlink cards are currently used an average of 400,000 times a day to make purchases anywhere the logo is accepted by providing access to consumers' checking accounts.
 Participating financial institutions, which currently represent 16 of the nation's top 25 financial institutions, are located in every major region across the country. There are 23 million cards now operational, and Interlink is projecting 67 million cards will be issued by 1995.
 With $37 billion in assets and 633 offices in Florida and Georgia, Barnett Banks Inc. is the leading financial institution in Florida and the 21st largest in the United States. The company's stock (BBI) is listed on the New York Stock Exchange.
 Interlink is the largest direct debit, point-of-sale network in the world and processes more than 40 percent of all direct debit POS transactions conducted in the United States. Interlink cards can be used at 22,000 point-of-sale locations in the United States which display the Interlink logo.
 -0- 11/23/93
 /CONTACT: Matthew Harrington of Edelman PR, 415-433-5381, for Interlink/
 (BBI)


CO: Interlink Network; Barnett Banks Inc.; Visa U.S.A. ST: California IN: FIN SU: PER

RB-LW -- SF001 -- 7142 11/23/93 09:05 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 23, 1993
Words:331
Previous Article:OFFSHORE PIPELINES ANNOUNCES AWARD OF A MAJOR PROJECT IN MALAYSIA
Next Article:ABBOTT WINS COURT INJUNCTION AGAINST UNLIMITED BEVERAGES, INC.
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters