CardinalCommerce and the STAR Network today announced that STAR, an electronic funds transfer network, has signed a non-binding letter of intent to participate in the Universal PIN Debit Service enabled by Cardinal.
Cardinal's UPDS enables online shoppers to use their ATM/debit cards to make purchases using the cardholder authentication method chosen by their financial institution.
After execution of a final agreement between STAR and Cardinal, new authentication options would be made available to STAR member financial institutions based on demand, according to a press release.
"STAR recognizes the importance of the online and mobile channels in relation to the future of electronic payments, and will not lose sight of the fact that these transactions must be as secure as possible," said Julie Saville, vice president of Product Development for the STAR Network. "Once a contract is executed and the service implemented, UPDS integration would allow STAR member financial institutions the flexibility to choose the secure authentication method they want their customers to use when using their debit cards online."
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