18 December 2017
visit http://response.ncr.com

Pulse launches surcharge-free ATM network

07 May 2009  |  2068 views  |  0 Source: Pulse

Pulse, one of the nation's leading ATM/debit networks, today launched Pulse Select, a surcharge-free ATM network alliance with the MoneyPass Network.

The PULSE Select/MoneyPass Surcharge-free ATM Network provides financial institution participants with access to more than 16,000 surcharge-free ATMs across the country.

"In today's economic environment, consumers are looking for ways to cut costs, while maintaining convenient access to their money," said Judith McGuire, PULSE senior vice president, product management. "In response, the PULSE Select/MoneyPass network provides financial institutions with an economical solution, while driving customer loyalty and creating a competitive advantage to help participants attract new cardholders."

The PULSE Select/MoneyPass network enables PULSE participants to provide their cardholders with increased access to surcharge-free ATMs at banks, credit unions, grocery stores, convenience stores, restaurants and other convenient locations in all 50 states.

Debit cardholders who use an ATM not owned or operated by their financial institution typically are charged a surcharge fee ranging from $1.50 to $3.00 per transaction. Financial institutions participating in the PULSE Select/MoneyPass network not only provide a desired service to cardholders, but also may be able to reduce expenses associated with providing rebates of surcharge fees.

"This is an excellent opportunity for MoneyPass to come together with one of the country's leading ATM/debit networks," said Douglas Miraglia, president of MoneyPass, which serves more than 1,000 financial institutions and 30 million cardholders. "This strategic alliance with PULSE enables MoneyPass to continue to expand our network across the country, providing convenient ATM access to cardholders everywhere."

Financial institutions participating in the PULSE Select Program will add their ATMs to the MoneyPass Network.

"The PULSE Select/MoneyPass network will allow PULSE financial institution participants to remain competitive without the cost of adding new ATM locations, and will help retain and attract new cardholders by providing additional convenience where they live, work and travel," McGuire added.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.ebaday.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11018 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
8387 views comments | 11 tweets | 12 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7509 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6981 views comments | 6 tweets | 26 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6940 views 0 | 4 tweets | 2 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job