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Pulse offers PIN debit option for online payment transactions

Thursday 15 July 2010 11:50 CET | News

Pulse, a subsidiary of Discover Financial services, has released Pulse Internet PIN debit, a service designed to enable PIN-based payment transactions.

Powered by Acculynks PaySecure Internet PIN debit software, the application is set to allow debit cardholders to complete the online verification process for purchases by introducing their PIN via a graphical, scrambling PIN pad. As the cardholder clicks the mouse on a number, the PIN pad re-scrambles as each subsequent digit is selected.

PULSE conducted a pilot program in 2009, whereby 54 percent of debit cardholders paying for online purchases preferred to enter a PIN when presented with the choice of PIN or signature options to complete payment transactions.
 


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Keywords: Pulse, Discover Financial Services, Pulse Internet PIN debit, PIN-based payment transactions
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce