FrenchSys and the Discover® Global Network have signed an agreement to facilitate the acceptance of all Discover® Global Network cards for merchants in France. This agreement will allow all electronic payment players (merchants, acquirers and processors) to more easily include Discover® Global Network services in all their payment-related developments and offerings in France.
This new agreement will allow the Discover® Global Network to better develop its network in France and thus meet the strong demand from its cardholders. FrenchSys has developed a technical standard that allows acquirers and merchants to accept the Discover® Global Network in conjunction with other major card payment brands.
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 merchants 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.