Discover to Increase Card Acceptance in Mexico Through Network Alliance with Prosa
14 Settembre 2018 - 1:52AM
Business Wire
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 cards will
now be accepted on Prosa’s network in Mexico at both point-of-sale
and ATM locations.
The agreement will focus initially on enabling all Discover
Global Network cards on the Prosa network. The companies also plan
to look at future opportunities to work together on other products
and services.
“This alliance will allow Prosa to continue to contribute to the
growth of the payments industry in Mexico, by allowing the
acceptance of Discover Global Network cards at additional points-of
sale and ATM locations,” said Alejandro Morales, CEO for Prosa.
“I am pleased that through this alliance with Prosa, our
cardholders will be able to use their cards at hundreds of
thousands of additional merchants and thousands of ATMs throughout
Mexico,” said Joe Hurley, senior vice president and head of global
business development for Discover. “Mexico is a key destination for
our cardholders and this relationship continues to help us meet our
goal of allowing cardholders to use their cards of choice wherever
they travel.”
The Discover Global Network includes Discover Network, Diners
Club International, PULSE and affiliate networks. It has more than
42 million merchant acceptance locations and 2 million ATM cash
access locations across 190 countries and territories. Discover has
established network to network alliances across the globe,
including relationships in China, Japan, Korea, India, Brazil,
Turkey, Nigeria and throughout Europe.
About Promoción y Operación S.A. de C.V. (Prosa) and
Carnet
Prosa processes more than 3.6 trillion transactions annually at
point of sale, ATMs, mobile devices and online. This accounts for
more than 1.3 billion Mexican pesos per year, making Prosa one of
the biggest processors in Latin America. Prosa has been a strategic
player to promote the development of financial and non-financial
institutions in the payments industry in Mexico, as well as the
other seven countries where it has presence. Prosa offers a
portfolio of services and solutions with the highest world-class
standards, which are accredited through certifications and
recognitions that have been obtained throughout the past fifty
years.
Prosa, through its acceptance brand CARNET, allows financial
institutions that issue cards (credit, debit, vouchers, e-wallets,
among others), access to the entire network of electronic
transactions. These include point of sale terminals, ATMs, web
commerce portals, among others. CARNET also gives simple and
low-cost solutions that promote financial inclusion in Mexico in
compliance with the existing regulation established by “Banco de
México” and “La Comisión Nacional Bancaria y de Valores.”
For more information, visit www.prosamexico.mx
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 Global Network comprised of 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 190 countries and
territories. For more information, visit
www.discover.com/company.
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version on businesswire.com: https://www.businesswire.com/news/home/20180913006128/en/
Marcela Saldarriaga OsorioProsa+1 52 55
52681220Marcela.saldarriaga@prosa.com.mx@Prosa_MxorSarah Grage
SilbermanDiscover+1-224-405-6029sarahgragesilberman@discover.com@Discover_News
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