PULSE and NETS, Inc. Sign Long-Term Network Agreement to Increase POS and ATM Acceptance for Cardholders

HOUSTON, TX – Oct 13, 2011 — PULSE, one of the nation's leading debit/ATM networks, has signed a long-term, point-of-sale (POS) and ATM acceptance agreement with NETS, Inc. (NetWorks), an electronic funds transfer services company based in Lincoln, Neb.

Under terms of the agreement, NetWorks' 285 member institutions will be able to utilize PULSE for PIN debit transactions at POS locations nationwide. In addition, the agreement will enable NetWorks to expand ATM acceptance to its members through PULSE's more than 380,000 U.S. ATMs. More than 1,400 NetWorks ATMs in a 10-state area in the Midwest also will be enabled to accept PULSE®, Discover® and Diners Club International® cards.

"We are pleased to enter into an agreement with NetWorks to further expand our network participation and ATM acceptance in the Midwest," said Dave Schneider, PULSE President. "Like PULSE, NetWorks is dedicated to positioning their member financial institutions for continued growth and success. This agreement will enable us to assist with that effort, while also providing greater cash access to all PULSE, Discover and Diners cardholders who live in or are traveling through the region."

"Aligning with PULSE as a network partner gives our members strong nationwide PIN POS acceptance, along with expanded ATM access," said Cathy Morrissey, NetWorks President. "Our arrangement also is important as it ensures our members' debit card programs are in compliance with the Durbin Amendment's prohibition on network exclusivity arrangements and is in keeping with the NetWorks mission of seeking the best possible solution for our member institutions and their debit card programs."

About PULSE

PULSE, a Discover Financial Services (NYSE: DFS) company, is a leading debit/ATM network, serving more than 4,400 banks, credit unions and savings institutions across the United States. The network links cardholders with ATMs and POS terminals at retail locations nationwide. Through its global ATM network, PULSE provides worldwide cash access for Diners Club and Discover cardholders through hundreds of thousands of ATM locations. The company also is a source of electronic payments research and is committed to providing its participants with education on emerging products, services and trends in the payments industry. For more information, www.pulsenetwork.com.

About NetWorks

NetWorks is a non-profit, member-owned organization that provides a full range of electronic funds transfer services. With an experienced team that understands and is responsive to the Nebraska and regional market, NetWorks is able to provide superior services by focusing on customer needs more than the bottom line. NetWorks offers a full range of electronic funds transfer services for 285 member financial institutions. Routing more than 12 million transactions a month from locations around the globe, NetWorks drives, supports and monitors over 1,400 ATMs in the Midwest. For more information, go to www.netseft.com.

Contacts

Anne Uwabor
PULSE
832-214-0234 | 800-420-2122
anneuwabor@pulsenetwork.com
Tracy Calabrese
GolinHarris
972-341-2518
tcalabrese@golinharris.com