Discover and Serbia's DinaCard Establish Strategic Agreement to Increase Payment Acceptance
18 Gennaio 2022 - 2:05PM
Business Wire
The National Bank of Serbia and Discover signed a strategic
agreement that increases the global acceptance footprint for
Discover Global Network cardholders within Serbia. The agreement
gives Discover, Diners Club International, PULSE and Network
Alliance cardholders the ability to use their cards on the DinaCard
payment network, which includes Point-of-Sale (POS), e-commerce
platforms and ATMs across Serbia.
This alliance enhances the National Bank of Serbia DinaCard’s
strategy to grow the number of payment options available in Serbia
and provides more choices to consumers on how they want to pay. The
agreement will provide Discover Global Network cardholders access
to more than 111,000 POS terminals and more than 3,000 ATMs across
Serbia.
Governor of the National Bank of Serbia, Dr Jorgovanka Tabaković
said: “This strategic partnership with Discover reinforces the
National Bank of Serbia’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.”
“Building on our strong partnership the National Bank of Serbia
complements Discover’s strategy of creating worldwide alliances
that provide consumers with more choices when it comes to how and
where they pay,” said Matt Sloan, vice president of International
Markets at Discover Global Network.
About DinaCard
DinaCard is a national payment card of the Republic of Serbia
operated by the National Bank of Serbia. With 20 local issuing
banks and more than 5.00 million cards which can be used on the
overall acquiring network in Serbia, it is the largest card scheme
in the country. Beside the DinaCard, the Republic of Serbia is side
by side with the largest European countries in which, for
economically rational reasons, the usage of national payment cards
by population is dominant, as always, a more favourable choice in
terms of costs for the national economy. For more information visit
https://dinacard.nbs.rs/.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220118005448/en/
Rob Weiss Discover robertweiss@discover.com 224-405-6304
National Bank of Serbia Communication Department Kralja Petra 12
/ 104130 Belgrade Tel.: (+381 11) 3027 262 / Fax: (+381 11) 3282
285 press@nbs.rs / www.nbs.rs
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