PIN Debit Service Provider Expands Network of Customers

Acculynk’s unique PIN Debit payment method, PaySecure — utilized by 2Checkout — expanded its portfolio of participating networks yesterday with the addition of Credit Union 24 (CU24), the country’s largest credit union-owned ATM and point-of-sale network.

CU24 makes the fourth network to pilot the new system. PaySecure is unique to the business enabling shoppers to safely use their PIN debit cards for online purchases by entering their PIN into a pop-up, graphical, and scrambling keypad without leaving 2Checkout’s purchase routine.

Even though the project is still in its infancy, we anticipate the continued addition of large networks such as CU24 will boost the number of cardholders having access to the system, resulting in a steady increase in PIN Debit purchases throughout the year.

CU24 joins ACCEL/Exchange, PULSE, and NYCE as participating EFT networks. We will periodically provide additional updates as PaySecure’s network of customers continues to expand.

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