The NYCE and Yankee 24 electronic banking networks have officially consummated their long-awaited merger, forming Infinet Payment Services Inc.

Based in the same Hackensack, N.J., facilities that ho.used NYCE, Infinet links about 15,000 automated teller machines and 25,000 debit point of sale merchant locations. It is the third-largest regional network after California's Star System Inc. and Delaware's Electronic Payment Services Inc.

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