ATM Direct targets merchants
April 17, 2007
Digital Transactions: A processor that allows consumers to pay online with their PIN-based debit cards says it expects to sign 18 merchants for its service by the end of the year, including two this quarter. ATM Direct also expects to sign an agreement with an unnamed electronic-funds-transfer network to enable its technology. The ACCEL/Exchange network, based in Bellevue, Wash., has been testing the service for about a year. Earlier in April, 2Checkout.com Inc. also agreed to accept PIN debit via ATM Direct.