RIVERWOODS, Ill. & ATLANTA--(BUSINESS WIRE)--Mar. 12, 2015--
Discover Financial Services (“Discover”) and Global Payments Inc.
(“Global Payments”), one of the largest worldwide providers of payment
solutions, today announced a streamlined acceptance solution for
Discover cards for merchants in Canada. The new program will simplify
acceptance of Discover, Diners Club International, PULSE and affiliated
network cards for Global Payments’ merchants in Canada, offering a
comprehensive solution which provides value by offering a single
statement.
“Canada is a prime growth market for Discover, as we see many of our
cardholders traveling to the region,” said Gerry Wagner, vice president,
Discover Network. “Our agreement with Global Payments allows us the
opportunity to benefit merchants by streamlining Discover Global Network
acceptance, while continuing to deliver value for cardholders at the
point-of-sale. We will continue to keep our focus on growing Discover
Global Network acceptance in Canada and are confident that Global
Payments will help us to execute against this goal.”
“The launch of our full acquiring program for Discover is the latest
example of our commitment to providing Canadian merchants with robust
and innovative product and service offerings,” said René Bélanger,
President of Global Payments Canada. “This program brings additional
value to our merchant customers by enhancing payment acceptance options
and providing them a single source for payment processing, settlement,
underwriting, risk management, support and reporting.”
Discover Global Network is the third largest payments network in the
world and the largest merchant acceptance network in Asia-Pacific, with
more than 30 million merchant acceptance locations and 1 million ATM and
cash access locations across 185 countries and territories. Discover
Global Network includes Discover, Diners Club International, PULSE and
affiliated networks.
About Global Payments
Global Payments Inc. (NYSE: GPN) is a leading provider of payment
services for merchants, value added resellers, financial institutions,
government agencies, multi-national corporations and independent sales
organizations located throughout North America, Brazil, Europe and the
Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a
comprehensive line of solutions and services for credit and debit cards,
business-to-business purchasing cards, gift cards, electronic check
conversion and check guarantee, verification and recovery including
electronic check services, as well as terminal management. Visit www.globalpaymentsinc.com
for more information about the company and its services.
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 issues
the Discover card, America's cash rewards pioneer, and offers private
student loans, personal loans, home loans, checking and savings
accounts, certificates of deposit and money market accounts through its
direct banking business. It operates the 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.discover.com/company.
Source: Discover Financial Services
Discover
Abbe Kalina, 224-405-5175
[email protected]
Global
Payments Inc.
Investor contact:
Jane Elliott
770-829-8234
[email protected]
Media
contact:
Amy Corn
770-829-8755
[email protected]