Over the past several years, consumers have increasingly embraced e-commerce, mobile wallets, peer-to-peer payments and other digital-commerce payment methods. Amid this growth, debit has proved to be surprisingly resilient. In fact, debit use has grown. In 2021, the number of consumer and business debit card transactions grew 5% year-over-year, spending volume surged 9% and average transaction value rose from $45 to $49.
MAP Network Exchange
MAP has partnered with Pulse for a single solution. All interactions, contracts, billing and settlement will be directly managed by MAP, providing a streamlined Network Relationship and the service you have come to expect from MAP. With MAP’s Network Exchange, your cardholders will enjoy all the benefits and branding of PULSE for Debit, POS and ATM transactions. As the U.S.'s third largest ATM/debit network, PULSE provides a competitive solution for credit unions contacting with the MAP Network Exchange. With MAP Network Exchange, you will also enjoy the elimination of monthly Pulse Participation fees.
Wide Acceptance and Convenience: With millions of merchants and ATMs across the country, a credit union can provide its members with access to more locations to make debit card purchases or withdraw cash.
Cost-Effectiveness: With the MAP Network Exchange, credit unions can benefit from aggregate pricing exclusive to MAP clients. Through our partnership, MAP Exchange Network with PULSE provides efficient and secure transaction processing seamlessly within the Visa DPS processing platform, helping credit unions streamline their operations and reduce costs as- sociated with payment processing.
Increased Revenue Opportunities: An independent analysis¹ of the MAP Network Exchange using PULSE versus CULIANCE over a recent 13-month period indicated a significant 46% increase in net interchange when using PULSE. Further, during that same 13-month period, an analysis that included estimated switch Fees and ATM economics indicated an estimated overall 60% increase in total value available when using PULSE.