Banelco is an ATM network in Argentina. Established in 1985, Banelco offers several services related to the cash flow management, including debit cards, electronic transfers, services payments, etc. Operating 4,500 ATMs (one third of the total in the country),[1] its main competitor in the Argentine market is Red Link (known locally as "Link"). The company also operates Pagomiscuentas, an electronic bill payment service.[2]
Banelco, an acronym for Banca Electrónica Compartida, is owned by private banks. Link, in turn, is used primarily by state owned banks.
Banks in Argentina which maintain Banelco ATMs include:
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