areeba and Discover sign Network Alliance Agreement
10 Novembre 2020 - 1:00PM
Business Wire
Agreement will increase international
acceptance for all cardholders and provide additional payment
options in the Lebanese payment environment
areeba and Discover signed a strategic agreement that increases
the global acceptance footprint for both organizations. The
agreement gives Discover, Diners Club International, PULSE and
Network Alliance cardholders the ability to use their cards on the
areeba network, which includes Point-of-Sale (POS) and e-commerce
platforms across Lebanon.
This alliance enhances areeba’s strategy to grow the number of
payment options available in Lebanon and provides more choices to
consumers on how they want to pay. The agreement will benefit
customers by increasing the number of payment options available and
provide them access to more than 48 million outlets in 200
countries. Discover Global Network cardholders will have access to
more than 15,000 POS terminals and 800 e-commerce sites at over
8000 local merchants across Lebanon.
areeba’s Chief Commercial Officer, Ramzi Saboury said: “This
strategic partnership with Discover reinforces areeba’s continuous
efforts to offer multiple payment options and cashless payments
facilities across the country. We believe that this new alliance
with the Discover Global Network will grant all cardholders across
the Discover® Global Network a compelling shopping experience in
our country. Through this strategic partnership focusing first on
acquiring to allow all Discover cards to be accepted at areeba’s
POS and payment gateway networks, we will expand in the near future
this agreement to cover issuance of special cards allowing Lebanese
banks to introduce cards that will be accepted on the Discover®
Global Network for international purchases and cash access outside
of Lebanon.”
“Discover strives to be a nimble and flexible partner to
organizations around the world by providing them the tools and
resources to grow and increase acceptance,” said Matt Sloan, vice
president of International Markets at Discover Global Network.
“This agreement with areeba complements Discover’s strategy of
creating worldwide alliances that provide consumers with more
choices when it comes to how and where they pay.”
About areeba
areeba is an electronic payment technology company licensed by
Visa and MasterCard and has an agreement with American Express.
Established in 2017, areeba adopts latest technology and provides
solutions and payment services to banks, governments and merchants
to suit their aspirations and needs.
areeba offers services tailored to global requirements, from
card issuance and management, non-contact payment solutions,
contactless and mobile payment, 24-hour contact center services and
co-branded programs. It also provides merchants and governments
with the latest e-commerce platform and point-of-sale machines that
adopt the highest standards and safety systems.
areeba operates a wide range of loyalty programs, including:
collecting points and miles, cashback programs, and providing
consultancy services for the planning, design and development of
electronic products and payment solutions.
areeba’s philosophy is based on three core principles: upgrading
technology to higher levels, innovation in products and services,
and establishing reliable and long-term relationships with its
customers.
For more information, visit www.areeba.com, or @areebalebanon on LinkedIn,
Facebook or Instagram.
About Discover
Discover Financial Services (NYSE: DFS) is a digital 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
loans, checking and savings accounts and certificates of deposit
through its 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 around the world. For more
information, visit www.discover.com/company.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201110005278/en/
areeba Nouchka El Hage
+961-1-954325 nhage@areeba.com
Discover Sarah Grage Silberman
+1-224-405-6029 sarahgragesilberman@discover.com @Discover_News
Grafico Azioni Discover Financial Servi... (NYSE:DFS)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Discover Financial Servi... (NYSE:DFS)
Storico
Da Lug 2023 a Lug 2024