Discover Increases Acceptance in Hong Kong
January 18 2018 - 9:00AM
JCN Newswire (English)
First Data and JCB Help Discover Grow Acceptance at Key
Merchants
Riverwoods, Illinois, Jan 18, 2018 - (ACN Newswire) - Discover
Global Network, the payments brand of Discover Financial Services,
will expand card acceptance at key merchants in Hong Kong by
working with First Data and JCB International, the international
operations subsidiary of JCB Co., Ltd. (referred to below as
"JCB").
To expand into Hong Kong, Discover Global Network was able to
leverage the existing acquiring partnership between JCB and First
Data to accept all cards that run on Discover Global Network
including Discover, Diners Club and affiliate network cards through
Discover's current net-to-net relationship with JCB.
"This is a great example of partners working together to bring
value to both customers and merchants," said Amy Parsons, senior
vice president of global acceptance at Discover. "Our strong
existing relationships with First Data and JCB allow us to grow
faster and reach merchants that are important to our
customers."
First Data has a robust roll-out plan and will enable acceptance
for Discover and Diners Club cards including key international
restaurant chains, Airport duty free stores and national department
stores to benefit cardholders visiting Hong Kong.
"This unique relationship with Discover and JCB leverages First
Data's global footprint, scale, and innovative solutions to provide
key merchants in Hong Kong with the ability to accept Discover and
Diners Club Cards," states Ivo Distelbrink, EVP, Head of Asia
Pacific region for First Data. "At First Data, we are committed to
enabling commerce for businesses around the world so they can, in
turn, offer flexible payment options to their customers. We are
delighted to collaborate with Discover and JCB to further this
effort."
Discover currently works with First Data as its acquiring partner
in both the United States and Europe to grow acceptance of all
cards that run on Discover Global Network.
Discover and JCB have worked together since 2006 and continue to
increase acceptance of JCB cards on the Discover Network in the
U.S., and of Discover cards on the JCB network in Japan. This is
the third joint acquirer agreement between JCB and Discover
following Kazakhstan and Republic of South Africa, leveraging
Discover's current net-to-net relationship with JCB with First
Data.
"JCB and Discover's alliance has now stepped into a new stage
opening up a new territory in Asia Region other than our mother
market, Japan," said Kimihisa Imada, President & COO of JCB
International. "Thanks to First Data for their outstanding
cooperation. This project allowed us to widen our technical
collaboration with First Data and further business
possibilities."
Discover Global Network has over 42 million merchant acceptance
locations and 1.9 million ATM and cash access locations across 185
countries and territories, Discover Global Network includes
Discover, Diners Club International, PULSE and affiliated
networks.
About Discover Global Network
Discover Global Network, the global payments brand of Discover
Financial Services, processes millions of cardholder transactions
each day. With industry expertise, innovative technology and a
closed-loop infrastructure, Discover Global Network provides
effective, customized solutions that evolve as needs change.
Discover Global Network has alliances with more than 10 payments
networks around the world, and is led by three Discover businesses:
Discover network, with millions of retail 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.discovernetwork.com
About First Data
First Data (NYSE:FDC) is a global leader in commerce-enabling
technology and solutions, serving approximately six million
business locations and 4,000 financial institutions in more than
100 countries around the world. The company's 24,000
owner-associates are dedicated to helping companies, from start-ups
to the world's largest corporations, conduct commerce every day by
securing and processing more than 2,800 transactions per second and
$2.2 trillion per year.
About JCB
JCB is a major global payment brand and a leading payment card
issuer and acquirer in Japan. JCB launched its card business in
Japan in 1961 and began expanding worldwide in 1981. As part of its
international growth strategy, JCB has formed alliances with
hundreds of leading banks and financial institutions globally to
increase merchant coverage and card member base. As a comprehensive
payment solution provider, JCB commits to provide responsive and
high-quality service and products to all customers worldwide. For
more information, please visit: www.global.jcb/en/
Sarah Grage Silberman
Discover
Tel: +1-224-405-6029
Email: sarahgragesilberman@discover.com
@Discover_News
Liidia Liuksila
First Data
Tel: +1-212- 515-0174
Email: Liidia.Liuksila@FirstData.com
Kumiko Kida
JCB
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@info.jcb.co.jp
Source: JCBFirst DataDiscover Global Network
Copyright 2018 ACN Newswire . All rights reserved.
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