Discover’s PULSE Network Selected as JCB’s Preferred Choice for Global ATM Transactions

  Discover’s PULSE Network Selected as JCB’s Preferred Choice for Global ATM
  Transactions

        Initial Phase of Rollout Supports ATM Transactions in the U.S.

Business Wire

RIVERWOODS, Ill. -- May 30, 2013

Discover Financial Services, parent company of PULSE Network LLC, today
announced that U.S. ATM acquirers will soon have the ability to route JCB
transactions over the PULSE Network, as PULSE becomes JCB’s preferred choice
for global ATM transactions. ATMs in PULSE’s U.S. network will be able to
accept JCB transactions beginning in August 2013.

The agreement is expected to increase volume on the ATM network for both JCB
and Discover, which currently has more than 415,000 U.S. ATMs and more than 1
million ATM and cash access locations around the globe.

“As part of our global network-to-network strategy, Discover and PULSE are
committed to continuing to deliver value to JCB and other partners,” said
Diane Offereins, president of payment services for Discover. “This expansion
strengthens our already successful relationship by offering JCB cardmembers
the ability to access cash at PULSE U.S. ATMs.”

This agreement represents an expansion of the existing relationship between
Discover and JCB that began in 2006, which enabled acceptance of JCB cards at
the point of sale on the Discover Network in the U.S., and of Discover cards
on the JCB network in Japan.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S. financial
services. Since its inception in 1986, the company has become one of the
largest card issuers in the United States. The company operates the Discover
card, America's cash rewards pioneer, and offers home loans, private student
loans, personal loans, checking and savings accounts, certificates of deposit
and money market accounts through its direct banking business. Its payment
businesses consist of Discover Network, with millions of merchant and cash
access locations; PULSE, one of the nation's leading ATM/debit networks; and
Diners Club International, a global payments network with acceptance in more
than 185 countries and territories. For more information, visit
www.discoverfinancial.com.

Contact:

Discover Financial Services
Katie Henry
224-405-4437
kathrynhenry@discover.com
 
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