Strategic ATM participation agreement
EUFISERV Payments and PULSE have entered into a strategic ATM participation agreement allowing more than 68 million cards, issued by 600 EUFISERV member banks, to participate in the PULSE Global ATM Network.
As well as increasing PULSE’s global ATM volume, ATM transactions conducted by EUFISERV member cardholders will be enabled at more than 850,000 ATMs in the PULSE Global ATM Network. The arrangement will have two phases of implementation with the two companies first focussing on European markets. This will be followed by acceptance opportunities in other PULSE ATM markets where EUFISERV cardholders frequently travel.
Board Chairman of EUFISERV Payments and Head of Payments & Card Strategies at the German Savings Banks Association Wolfgang Adamiok said: “EUFISERV Payments is proud to announce this major milestone for the European card market. As the only scheme providing ATM and POS Pan European access today, the partnership with PULSE opens new opportunities for our member banks inside and outside of Europe.”
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