Agreement Expected to Increase Network Volume

Riverwoods, IL, May 30, 2013 — Discover Financial Services, parent company of PULSE Network LLC, today announced that ATM acquirers now have the ability to route JCB transactions over the PULSE Global ATM Network, as PULSE becomes JCB's preferred choice for global ATM transactions.

The agreement is expected to increase volume on the ATM network and customer loyalty for both JCB and Discover, which currently has 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 ATMs around the world."

This agreement represents an expansion of the existing relationship between Discover and JCB that began in 2006, which allowed acceptance of JCB cards 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

Media Contact:

Katie Henry
Discover Financial Services