Partnership will give merchants extra choice over payment
acceptance
LONDON & RIVERWOODS, Ill.--(BUSINESS WIRE)--Jun. 5, 2013--
Barclaycard Global Payment Acceptance and Diners Club International, a
business unit of Discover Financial Services (NYSE: DFS), today
announced a new joint agreement to allow the acceptance of Discover and
Diners Club cards by merchants using Barclaycard’s payment acquiring
services. As a result of the agreement, thousands of small, medium and
large merchants using Barclaycard’s payment acquiring services will be
able to accept payments from Discover, Diners Club International and
Discover Network partners cardholders from around the world.
Barclaycard, which is one of Europe's largest payment acceptance
providers with over 89,000 merchants, will add acceptance of Discover
Network and Diners Club International’s cards – which are already
accepted in more than 185 countries worldwide – as a standard to its
payments processing services portfolio starting in early 2015.
Paulette Rowe, Managing Director of Barclaycard Global Payment
Acceptance said: “With our increasingly global economy, businesses of
all sizes want to offer the widest possible range of payment methods. As
one of the largest payment processors in the UK, this new agreement
between Barclaycard and Diners Club International will allow our
merchants to take payment from a wider range of overseas customers.
Whether you run a small online shop or a global retail chain, accepting
the widest possible range of payments will mean more choice for
customers and more opportunities for businesses.”
“Diners Club International and Discover Network cards already are
accepted at millions of merchant locations worldwide, and this agreement
with Barclaycard will increase our presence in the UK, a key tourist
destination for our cardmembers,” said Gerry Wagner, VP of global
acceptance for Discover Financial Services. “Not only will our
cardmembers benefit from this increased acceptance, but Barclaycard
Global Payment Acceptance merchants will find it easier to accept
Discover Network and Diners Club International cards as method of
payment, both in person and online.”
About Barclaycard
Barclaycard is a leading global payment business which helps consumers,
retailers and businesses to make and accept payments flexibly, and to
access short-term credit when needed.
The company is one of the pioneers of new forms of payments and is at
the forefront of developing viable contactless and mobile payment
schemes for today and cutting edge forms of payment for the future. It
also issues credit and charge cards to corporate customers and the UK
Government. Barclaycard partners with a wide range of organisations
across the globe to offer their customers or members payment options and
credit.
In addition to the UK, Barclaycard operates in the United States, Europe
and Africa.
Key facts published in February 2013;
- Total number of Barclaycard customers: 28.8m
- Number of retailer/merchant relationships: 89,000
- Total payments processed: £240bn
About Diners Club International
Diners Club International is owned by Discover Financial Services (NYSE:
DFS), a direct banking and payment services company with one of the most
recognized brands in U.S. financial services. Established in 1950,
Diners Club International became the first multi-purpose charge card in
the world, launching a financial revolution in how consumers and
companies pay for products and services. Today, Diners Club is a
globally recognized brand serving the payment needs of select and
affluent consumers, offering access to more than 450 airport lounges
worldwide, and providing corporations and small business owners with a
complete array of expense management solutions. With acceptance in more
than 185 countries and territories, millions of merchant locations and
access to over 850,000 cash access locations and ATMs, Diners Club is
uniquely qualified to serve its cardmembers all over the world. For more
information, visit www.dinersclub.com.
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, online 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 www.discoverfinancial.com.
Source: Discover Financial Services
Media Contacts
Barclays
Andrew
Bond
Media Relations
Office +44 (0)7766364908
[email protected]
or
Diners
Club International
Discover Financial Services
Katie Henry
224-405-4437
[email protected]