Card Briefs: Star System Transaction Volume Up 27% in '95

Star System Inc. reported record transaction volume of 398 million for 1995, a 27% increase over the previous year.

Explore, Star's point of sale debit service, is now accepted at 71,000 locations, up 70% from 1994. This increase in network accessibility resulted in a 57% rise in Explore transaction volume, totaling 110 million in 1995, the company said.

Star also reported growth in the number of automated teller machines connected to the network: now 22,556, up 27% from 1994; ATM cardholders reached 91.5 million, up 6%; and member institutions grew 13%, totaling 895.

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