SCOTTSDALE, Ariz. -- The Pulse EFT Association will use eFunds' Connex processing and settlement software, as well as eFunds' professional services, to move its switch operation in-house.
Pulse is migrating its Houston switch platform and disaster recovery site from J.P. Morgan Chase & Co. to dual processing sites in Dallas and Houston that will be managed in-house.
According to a news release, implementation is currently underway and should be complete by November.
Pulse in November pulled out of a deal in which MasterCard International was to replace Chase as Pulse's switch.
Pulse has used eFunds' software for more than 20 years, said Stan Paur, Pulse president and chief executive, in the release. He called eFunds "an experienced partner who understands our business, and who can help us offer members services and support to stay competitive in the marketplace."
