PULSE Launches New Surcharge-Free ATM Network

Alliance with MoneyPass® delivers PULSE Select® participants network of more than 16,000 surcharge-free ATMs coast to coast

HOUSTON, TX – May 7, 2009 — PULSE, one of the nation's leading ATM/debit networks, today launched PULSE Select, a surcharge-free ATM network alliance with the MoneyPass Network. The PULSE Select/MoneyPass Surcharge-free ATM Network provides financial institution participants with access to more than 16,000 surcharge-free ATMs across the country.

"In today's economic environment, consumers are looking for ways to cut costs, while maintaining convenient access to their money," said Judith McGuire, PULSE senior vice president, product management. "In response, the PULSE Select/MoneyPass network provides financial institutions with an economical solution, while driving customer loyalty and creating a competitive advantage to help participants attract new cardholders."

The PULSE Select/MoneyPass network enables PULSE participants to provide their cardholders with increased access to surcharge-free ATMs at banks, credit unions, grocery stores, convenience stores, restaurants and other convenient locations in all 50 states.

Debit cardholders who use an ATM not owned or operated by their financial institution typically are charged a surcharge fee ranging from $1.50 to $3.00 per transaction. Financial institutions participating in the PULSE Select/MoneyPass network not only provide a desired service to cardholders, but also may be able to reduce expenses associated with providing rebates of surcharge fees.

"This is an excellent opportunity for MoneyPass to come together with one of the country's leading ATM/debit networks," said Douglas Miraglia, president of MoneyPass, which serves more than 1,000 financial institutions and 30 million cardholders. "This strategic alliance with PULSE enables MoneyPass to continue to expand our network across the country, providing convenient ATM access to cardholders everywhere."

Financial institutions participating in the PULSE Select Program will add their ATMs to the MoneyPass Network.

"The PULSE Select/MoneyPass network will allow PULSE financial institution participants to remain competitive without the cost of adding new ATM locations, and will help retain and attract new cardholders by providing additional convenience where they live, work and travel," McGuire added.

About PULSE

PULSE is one of the nation's leading ATM/debit networks, currently serving more than 4,500 banks, credit unions and savings institutions across the country. PULSE is owned by Discover Financial Services (NYSE: DFS). The network links cardholders with more than 289,000 ATMs, as well as POS terminals at retail locations nationwide. The company is also a valued resource for industry research related to electronic payments and is committed to providing its participants with education on evolving products, services and trends in the payments industry. For more information, visit www.pulsenetwork.com.

About MoneyPass

MoneyPass is a network of Elan Financial Services, one of the nation's leading providers of comprehensive ATM and debit card processing solutions for financial institutions, Independent Sales Organizations and retailers. Elan Financial Services processes transactions for more than 2,000 financial institutions nationwide and manages over 38,000 ATMs for a variety of industries. MoneyPass provides surcharge free access at more than 16,000 ATMs across the United States, allowing cardholders of participating financial institutions to access their money where they live, work and travel. With over 1,000 participating financial institutions, 21 participating Independent Service Organizations (ISOs) and over 30 million active cards, MoneyPass is a rapidly growing surcharge-free network whose emphasis is on cost-efficient membership options, flexible terms and accessible locations. For more information, call 1-800- 343-7064 or visit www.moneypass.com.

Contact

Anne Rhodes
PULSE
832-214-0234
arhodes@pulsenetwork.com