Pulse EFT Tests Of Online Debit Transactions

Published March 23, 2009, 8:01 p.m. EDT

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Updated August 27, 2020, 12:45 a.m. EDT

1 Min Read

HOUSTON – Pulse EFT plans to pilot a program to assess consumer acceptance of Internet-based PIN debit transactions sometime in the second quarter.

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The pilot, which follows an agreement with Acculynk to use its PaySecure Internet PIN debit technology, will allow consumers to use their debit cards with a personal identification number to pay for online purchases.

The Acculynk solution integrates directly into the merchant checkout process and is seamless for consumers, who will be aware of the PIN entry option only if his or her card is enabled for PIN debit. The consumer will have the choice of entering their PIN or completing the purchase as a signature debit transaction.

Pulse is a unit of Discover Financial Services.

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