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TransCard Adds PULSE to Mix

Posted by John B. Frank Friday, July 3, 2009

TransCard Extending Their Cardholders’ Reach with PULSE Network

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--TransCard (www.transcard.com)—a leading provider of prepaid debit card solutions branded with MasterCard®, Discover® Network and STAR associations—has launched the PULSE network, providing all cardholders with more places to use their cards.

The PULSE ATM/debit network is comprised of more than 289,000 ATMs and point-of-sale terminals, and is used by more than 4,500 financial institutions—including banks and credit unions—across the United States.

“Adding a new PIN POS network will increase the scope of card acceptance and cardholder use,” says Jerry Uffner, TransCard’s President. “We are always working to improve our products, give cardholders more ways to use their cards and, ultimately, provide more cardholder value.”

PULSE is owned by Discover Financial Services—offering a comprehensive suite of payment solutions, including PIN-less bill payment, PIN and signature debit products, credit products, stored-value card programs and, of course, ATM network services.

“Our relationship with Discover Network continues to provide benefits for all of our cardholders—with PULSE being the most recent manifestation of those benefits,” says Craig Fuller, CEO of TransCard. “We look forward to continued product enhancements that make our cardholders’ lives easier and less stressful.”

About TransCard

TransCard (www.transcard.com) is a top ten, stored-value processor and a global provider of transaction-based processing services. TransCard has provided stored-value processing services since 1993 and pay card products beginning in 1996. TransCard differentiates itself in the prepaid card industry by offering compliant solutions, real value, proprietary technology, mobile card management and stability. Its products include pay cards, financial institution stored-value processing, gift reward cards, fleet services and retail program management. TransCard handles nearly $2 billion in electronic transactions annually and was featured as a “10 to Watch” by Intele-Card News. The company was recently named as a 2009 Paybefore Awards Best-in-Category Winner for the Best Corporate-Funded Prepaid Card.

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