EUFiserv Payments, a Brussels-based ATM cooperative owned by 10 European banks, and PULSE, the debit and ATM network subsidiary of Discover Financial Services, have entered into a strategic ATM participation agreement. More than 68 million cardholders served by 600 EUFiserv member banks will be able to participate in the PULSE Global ATM Network as the result of the new alliance.

The agreement will enable EUfiserv cardholders to conduct transactions at more than 850,000 ATMs belonging to the Pulse Global ATM Network. Implementation will come in two phases: The first will cover European markets, the second will cover other Pulse ATM markets where EUFiserv cardholders travel.

Gerd Förster, general manager of EUFiserv Payments, said the partnership aligns with with EUFiserv goals and provides an incentive for additional FIs to join the ATM scheme. "The new agreement with Pulse provides our issuing members with new options for ATM access. EUFiserv Scheme — as a SEPA-compliant scheme — is open to banks and other financial institutions. We continue to look for new opportunities to expand our scheme. Our partnership with Pulse is an example of that."

"By partnering with regional payments networks such as EUFiserv, Discover is able to leverage its unique set of assets to grow volume, while providing our partners with the global reach and localized preferences and needs they require," said Joe Hurley, vice president of global business development at Discover. "It's a win-win for everyone."

For more on this topic, visit the networking/connectivity research center. 

Related Content

User Comments – Give us your opinion!
Products & Services

Durable and Attractive Composite Series Kiosks


Powerful Financial Transaction ATM – Monimax 7600T


BankWorld ATM


PC/E Suite


FINsim Configurator


BankWorld ATM – Management Suite


Kingteller - K3 TTW Cash Recycler


Cash only lobby ATM – Monimax 5000 CE


Bank Branch Connectivity–Global DS for J/XFS


Serve Versatile Demands—Full function Lobby ATM H38NL


ATM & Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.