Discover Financial Services is a direct banking and payment services company. It provides direct banking services, payment services, credit card loans, private student loans, personal loans, home equity loans and deposit products. The company also operates the Discover Network, the PULSE network and Diners Club International, collectively known as the Discover Global Network. The Discover Network processes transactions for Discover-branded credit and debit cards and provides payment transaction processing and settlement services. PULSE operates an electronic funds transfer network, providing financial institutions issuing debit cards on the PULSE network with access to ATMs domestically and internationally, as well as merchant acceptance throughout the U.S. for debit card transactions. Diners Club is a global payments network of licensees, which are generally financial institutions, that issue Diners Club branded charge cards and/or provide card acceptance services.