PaymentsNews

On The Web

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Companies

Discover increase acceptance in Nordics through Nets

“Diners Club International, a part of the Discover Global Network has signed an agreement with Nets, a leading to help expand Discover Global Network acceptance in Norway, Sweden, Denmark and Finland. Today, Nets offers customers one of the widest ranges of payment brands in the Nordics, including both local payment schemes and international payment brands. With […]
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Companies

Business Payments Directory Association Teams With Discover For Blockchain PoC

The US-based Business Payments Directory Association (BPDA) has partnered with Discover Financial Services to develop a proof of concept (PoC) platform for its B2B directory built on blockchain technology. BPDA’s directory offers a searchable database of electronic payments information for business transactions. “Despite payments advancements, cheques are still the dominant form of payment for B2B payments,” says Lawrence […]
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Companies

New CEO Says Payments Are a ‘Big Part’ of Discover’s Growth Strategy

“Discover Financial Services’s lending operations dwarf its payments business, but payments nonetheless are an important component of the company’s growth strategy, new chief executive Roger C. Hochschild said Thursday. Hochschild, who joined Discover in 1998 and served as its president and chief operating officer for 14 years, this month succeeded longtime CEO David Nelms, who remains as […]

On The Wires

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Companies

Discover And NCCC Extend Relationship By Signing Network Agreement

“Discover Financial Services, a leading direct bank and payments services company, and National Credit Card Center of R.O.C. (NCCC), the domestic payment network in Taiwan, today signed an agreement to form a strategic network alliance and expand its existing acquiring relationship. Currently, Discover, Diners Club International, and network affiliate cards are accepted on the NCCC […]
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Companies

Discover Announces New Industry-Leading Rewards for Cashback Checking

“Discover announces the launch of a new and innovative rewards program for its Cashback Checking product where customers can earn cash back for making everyday debit card purchases. Discover Cashback Checking® customers now earn 1 percent cash back on up to $3,000 in qualifying debit card purchases each month.”
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Companies

Discover Adds Freeze ItSM Feature, Auto Cash Back Redemption to Savings and New Debit Card Design to Discover Cashback Debit Accounts

“Discover is introducing more features and debuting a new debit card design for the Discover Cashback Debit product. Customers of Discover Cashback Debit, previously known as Discover Cashback Checking, will now be able to temporarily freeze their debit card, automatically transfer their earned cash back to their eligible savings account and pay using a stylish […]
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Companies

Discover Supports EMVCo’s Release of EMV® SRC Draft Specification, Welcomes Additional Step to Address Broader Industry Feedback

“Discover today announced its support of EMVCo’s v0.9 release of the EMV [®*] Secure Remote Commerce (SRC) draft specification and emphasized the importance of EMVCo’s additional step to provide an opportunity to all industry stakeholders to comment on the standards before the first complete version is issued in 2019.”
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Companies

3C Payment Works with Discover to Expand Card Acceptance Across Europe and the Middle East

“3C Payment is a leading multi-channel payment service provider that works with merchants in hospitality, quick service restaurant and retail industries among others. These merchant industries are a focus for Discover and partner cardholders who travel throughout Europe and Middle East. Discover Global Network has over 44 million merchant acceptance locations and 2 million ATM and […]
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Companies

Discover to Increase Card Acceptance in Mexico Through Network Alliance with Prosa

“Discover Financial Services, a leading direct bank and payments services company, and Promoción y Operación S.A. de C.V. (Prosa), a leading payment solutions provider and domestic payments network in Mexico, signed an agreement to form a strategic network alliance to expand Discover® Global Network acceptance in Mexico. Discover, Diners Club International®, PULSE and network affiliate […]