Fiserv has announced that its ACCEL/Exchange Network will begin processing and offering secure Internet Personal Identification Number (PIN) debit transactions in November 2009, saying it will be the first PIN debit payments network to do so. The offering is the result of a partnership with Acculynk, provider of a software-only service that enables PIN debit payments online. READ MORE

PULSE has signed an agreement with Acculynk under which PULSE will test Acculynk’s PaySecure Internet PIN debit technology in a pilot program. The pilot will involve selected PULSE merchant and financial institution participants and is slated to begin in the second quarter of 2009. READ MORE

Acculynk has announced that its Internet PIN debit pilot program is scheduled to go live in early March with several issuers that will bring several million cards to the pilot. The first pilot issuers to participate are from the ACCEL/Exchange EFT network, owned by Fiserv. Acculynk says that a second EFT network will be announced in a few weeks. READ MORE