Under the terms of the deal, PULSE becomes JCBs preferred choice for global ATM transactions. ATMs in PULSEs US network will be able to accept JCB transactions beginning with 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 US ATMs and more than 1 million ATM and cash access locations around the globe.
This new deal 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 US, and of Discover cards on the JCB network in Japan.
Discover Financial Services is a direct banking and payment services and offers home loans, private student loans, personal loans, online savings accounts, certificates of deposit and money market accounts through its direct banking business.
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