Initial Phase of Rollout Supports ATM Transactions in the U.S.
RIVERWOODS, Ill.--(BUSINESS WIRE)--May. 30, 2013--
Discover Financial Services, parent company of PULSE Network LLC, today
announced that U.S. ATM acquirers will soon have the ability to route
JCB transactions over the PULSE Network, as PULSE becomes JCB’s
preferred choice for global ATM transactions. ATMs in PULSE’s U.S.
network will be able to accept JCB transactions beginning in August 2013.
The agreement is expected to increase volume on the ATM network for both
JCB and Discover, which currently has more than 415,000 U.S. ATMs and
more than 1 million ATM and cash access locations around the globe.
“As part of our global network-to-network strategy, Discover and PULSE
are committed to continuing to deliver value to JCB and other partners,”
said Diane Offereins, president of payment services for Discover. “This
expansion strengthens our already successful relationship by offering
JCB cardmembers the ability to access cash at PULSE U.S. ATMs.”
This agreement represents an expansion of the existing relationship
between Discover and JCB that began in 2006, which enabled acceptance of
JCB cards at the point of sale on the Discover Network in the U.S., and
of Discover cards on the JCB network in Japan.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S.
financial services. Since its inception in 1986, the company has become
one of the largest card issuers in the United States. The company
operates the Discover card, America's cash rewards pioneer, and offers
home loans, private student loans, personal loans, checking and savings
accounts, certificates of deposit and money market accounts through its
direct banking business. Its payment businesses consist of Discover
Network, with millions of merchant and cash access locations; PULSE, one
of the nation's leading ATM/debit networks; and Diners Club
International, a global payments network with acceptance in more than
185 countries and territories. For more information, visit www.discoverfinancial.com.
Source: Discover Financial Services
Discover Financial Services
Katie Henry
224-405-4437
kathrynhenry@discover.com