Allinpay to Grow Acceptance for Diners Club International in Hong Kong
12 Settembre 2017 - 4:00PM
Business Wire
Allinpay, one of China’s leading alternative payment providers,
and Diners Club International, a subsidiary of Discover Financial
Services (DFS) and part of the Discover Global Network, announced
that Allinpay is now an acquirer for all cards that run on the
Discover Global Network. Allinpay merchants will now be able to
accept Discover, Diners Club International and affiliate partner
cards, increasing acceptance in the Hong Kong region.
Through working with Diners Club International, Allinpay will be
expanding their business outside of Mainland China and into Hong
Kong. Allinpay’s main focus in Hong Kong is travel oriented
merchants, which aligns with Diners Club’s acceptance strategy in
the market.
“Expanding Diners Club acquiring services into Hong Kong
deepened our co-operation with Discover Global Network,” said Jim
Yu, Vice President of Allinpay Network Services Co., Ltd.
“Providing more payment choices and services to Hong Kong merchants
and cardholders is in line with our goal to aggressively open up
overseas markets.”
“Hong Kong continues to be a key destination for Discover Global
Network cardmembers,” said Ricardo Leite, vice president of global
acceptance for DFS' Payments Services. “Our partnership with
Allinpay will allow us to open more merchants for them to shop at
and use their preferred choice of payment.”
Discover Global Network is the third largest payments network in
the world1. With over 41 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 Allinpay
Established in October 2008, ALLINPAY is a leading third party
payment processor in China. Headquarter located in Shanghai,
ALLINPAY has 34 branch offices covering all China provinces and has
presence in Hong Kong & U.K. with over 6,500 employees
worldwide. ALLINPAY is one of the few financial institutions in
China possesses full scope payment licenses spanning online,
offline, domestic, cross-border, acquiring and issuing. At present
ALLINPAY acquires over 1.5-million merchants. With RMB1.46 billion
paid up capital, ALLINPAY’s annual turnover exceeded RMB4.2
trillion nowadays. For more information, please visit
http://www.allinpay.com.
About Diners Club International Ltd.
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 more than 800 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, as a part of the Discover Global Network, is uniquely
qualified to serve its cardmembers all over the world. Diners Club
International is a wholly owned subsidiary of Discover Financial
Services (NYSE: DFS), a direct banking and payment services company
with one of the most recognized brands in U.S. financial services.
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 private student loans, personal loans, home
equity loans, checking and savings accounts and certificates of
deposit 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.
1 By merchant acceptance. Global Payment Cards Data and
Forecasts to 2020 (RBR)
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version on businesswire.com: http://www.businesswire.com/news/home/20170912005425/en/
April LeeAllinpay+852
2264-5167aprillee@allinpayhk.comorSarah Grage
SilbermanDiscover/Diners Club
International1-224-405-6029sarahgragesilberman@discover.com@Discover_News
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