Diners Club International and Bangkok Bank Announce Merchant Acquiring Agreement in Thailand
30 Maggio 2014 - 2:00PM
Business Wire
Diners Club International Ltd., a business unit of Discover
Financial Services and part of the Discover Global Network, and
Bangkok Bank, a leading bank in Southeast Asia, will go live with
merchant acquiring in Thailand.
Under the agreement, merchants using the Bangkok Bank terminal
network will be able to accept Diners Club International, Discover,
BC Global, DinaCard and RuPay cards, which are all part of the
Discover Global Network.
"By opening up our Discover Global Network to Bangkok Bank's
extensive merchant network, we are strengthening our acceptance
footprint throughout Southeast Asia,” said Diane Offereins, EVP and
President of Discover Payment Services. "Thailand, especially
Bangkok, is a top destination for international travelers. As the
Discover Global Network expands farther throughout the region and
the world, we're meeting our cardmembers' travel needs wherever
they want to go.”
The Discover Global Network is the third-largest payments
network in the world, operating in more than 185 countries.
“Cards running on the Discover Global Network offer many
benefits, which include cashback, rich rewards, no foreign exchange
fees and access to airport lounges,” said Mr. Shoke Na Ranong,
Executive Vice President, Card Division Head, Bangkok Bank. “The
cards are used by corporations and government organizations for
employees’ business expenses and have the best-in-class
corporate-reporting and expense-management tools. We feel that this
means that these corporate cardholders prefer to frequent merchants
that accept their cards.”
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 nearly 500 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 more
than 1 million 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 issues the Discover card, America’s cash rewards
pioneer, and offers home loans, private student loans, personal
loans, home equity 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.
About Bangkok Bank
Bangkok Bank is Thailand’s largest commercial bank by assets and
one of the leading banks in Southeast Asia, with assets of over USD
85 billion and more than 17 million customer accounts. It has more
than 1,100 branches and 230 business centers across Thailand, as
well as an expanding international network of 27 branches and one
representative office in 13 economies.
Discover Financial ServicesKatie Allmaras,
224-405-4437Katieallmaras@discover.com
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