News

PULSE, NetWorks ink deal for broader ATM, POS acceptance

October 13, 2011

Debit and ATM network PULSE has signed a long-term, point-of-sale and ATM acceptance agreement with NETS Inc. (NetWorks), an electronic funds transfer services company based in Lincoln, Neb.

Under terms of the agreement, NETS' 285-member institutions will be able to use PULSE for PIN debit transactions at POS locations nationwide. In addition, the agreement will enable the company to expand ATM acceptance to its members through PULSE's more than 380,000 U.S. ATMs, according to a press release.

More than 1,400 NETS' ATMs in a 10-state area in the Midwest also will be enabled to accept PULSE, Discover and Diners Club International cards.

"We are pleased to enter into an agreement with NetWorks to further expand our network participation and ATM acceptance in the Midwest," said Dave Schneider, PULSE president. "Like PULSE, NetWorks is dedicated to positioning their member financial institutions for continued growth and success. This agreement will enable us to assist with that effort, while also providing greater cash access to all PULSE, Discover and Diners cardholders who live in or are traveling through the region."

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