Pulse (interbank network)

Source: Wikipedia, the free encyclopedia.
Pulse
Websitewww.pulsenetwork.com

Pulse is an interbank

China UnionPay
; cards can be used on each other's network leading to better acceptance outside large cities than the larger networks.

History

Historical PULSE logo used prior to Discover rebranding

The Pulse system was based on software that operated the Take Your Money Everywhere (TYME) network operating in the central United States. The network was established as the banking rules that limited banks and branches ability to share services were removed. The data processing facilities were originally provided by First City Bank and later transitioned to Texas Commerce Bank.

In 1981, Pulse incorporated and began operating its regional EFT switching facility. In 1995, it launched Pulse Pay, a point-of-sale service where cardholders can use their ATM card at retailers.

Pulse announced the acquisition of Gulfnet, a Louisiana-based regional EFT network in 1997 and announced the acquisition of the Cincinnati-based MoneyStation network in 2000.

Pulse merged with

Discover Financial Services in 2005. Currently, Pulse is a California residential mortgage licensee (License Number MLS-18827).[1]

See also

References

  1. Discover Financial Services. January 12, 2005. Archived from the original
    on December 8, 2012. Retrieved October 22, 2007.

External links