HOUSTON - PULSE EFT Association is now offering lenders, utility companies and certain other billers a new payment option that allows consumers to automatically pay recurring bills using a debit card without entering their PIN.
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Recurring payments are defined as those the cardholder has authorized a biller to charge to their debit card automatically. In addition, the network's expanded PINless debit program includes a 'Stop Pay' feature that allows financial institutions to block transactions from a specific biller at the cardholder's request.
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