Payments News

On The Web

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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 […]
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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

Discover Enters Alliance With Bulgaria’s Borica AD on Payment Card Acceptance

“Borica AD, the owner of Bcard, the national payment system in Bulgaria, announced an agreement with Discover Financial Services to provide acceptance of the card outside of the country using Discover’s global payment network. Bcard will collaborate with the payment network to develop integration of Discover’s EMV contact, contactless and mobile solutions as well as D-PAS […]
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Companies

Discover and Verve Mark Launch of Verve Global Card With First Transaction Event

“Verve, a leading payments technology company and Interswitch’s card scheme in Africa, and Discover Global Network, the payments brand of Discover, held an event to launch the Verve Global Card. Cardholders will now have the ability to use their Verve Global Cards on the Discover Global Network which provides acceptance at millions of merchants globally. […]

On The Wires

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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

Barclaycard UK Merchants to Accept Cards That Run on the Discover Global Network

“Accepting these payment methods allows Barclaycard’s merchants to process transactions from the customers of Discover Global Network’s more than 10 network alliance partners and 55 countries where Diners Club cards are issued. Cardholders are now able to pay at over 110,000 of Barclaycard’s UK merchants both in-store and online, with thousands more merchants set to start […]
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Companies

Geoswift to Expand Acceptance Globally for Discover Global Network

“Geoswift, a leading provider of cross-border payment solutions between China and the rest of the world, has partnered with Discover Global Network, the payments brand of Discover, allowing Geoswift’s merchants to accept more methods of payment than ever before. Geoswift merchants will now have the ability to accept Discover, Diners Club International and affiliate network […]
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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 […]