Under terms of the new agreement, Guaranty Bank will utilize Pulse exclusively for PIN debit transactions at the point of sale. The bank also uses Pulse for ATM transactions and gateway services.
Guaranty Bank said that its decision to sign a long-term, exclusive agreement with the network was driven by Pulse’s national reach and superior PIN debit value proposition, as well as by the operational efficiencies provided under such an arrangement.
Leah Henderson, executive vice president of Pulse, said: The continuation of Guaranty Bank’s relationship with PULSE under this new exclusive agreement represents a vote of confidence, not only in Pulse’s national acceptance but in the level of service we provide our financial institution customers on a daily basis. We are pleased to continue to support the bank’s debit card program under this long-term agreement.
