Discover Financial Services, parent company of Pulse Network LLC, today announced that U.S. ATM acquirers will soon have the ability to route JCB transactions over the Pulse Network, as Pulse becomes JCB's preferred choice for global ATM transactions.
ATMs in PULSE's U.S. network will be able to accept JCB transactions beginning in August 2013.
The agreement is expected to increase volume on the ATM network for both JCB and Discover, which currently has more than 415,000 U.S. ATMs and more than 1 million ATM and cash access locations around the globe.
"As part of our global network-to-network strategy, Discover and PULSE are committed to continuing to deliver value to JCB and other partners," said Diane Offereins, president of payment services for Discover. "This expansion strengthens our already successful relationship by offering JCB cardmembers the ability to access cash at PULSE U.S. ATMs."
This agreement represents an expansion of the existing relationship between Discover and JCB that began in 2006, which enabled acceptance of JCB cards at the point of sale on the Discover Network in the U.S., and of Discover cards on the JCB network in Japan.