PULSE, LINK Networks Reciprocal Agreement

PULSE and LINK are working to enable the first live transactions early in the new year.

John Hardy, Chief Executive, LINK, said, “This agreement represents a further step in LINK’s strategic international development plans. As the world’s busiest cash machine network, LINK has a proven track record in secure and reliable transaction processing on a large scale. PULSE participants will be able to offer their cardholders the convenience of access to cash through virtually every cash machine across the United Kingdom.” He added, “This is a significant development for the international payments industry and we look forward to working with PULSE and its participants.”

“PULSE is responding to the needs of its participants by giving issuers an international alternative at competitive interchange rates,” said PULSE President David R. Schneider. “Like PULSE in the US, LINK is an acknowledged leader in switching and settling cash machine transactions, with an emphasis on network infrastructure management, reliable and secure technology, and superior customer service. This strategic extension of ATM access into a region with high U.S. tourist and business traveler traffic will provide additional value to our participants’ cardholders."

The agreement allows PULSE and LINK issuers to opt into the programme.

“This agreement extends our 25-year commitment to providing value-added services,” Schneider said. “By adding international capability to our portfolio of competitively priced electronic payments services, PULSE is continuing to innovate for the benefit of all our participants and their cardholders.”