PYMNTS-MonitorEdge-May-2024

Discover Global Network Expands Cross-Border Merchant Reach

Online payments provider Checkout.com has inked a new deal with Diners Club — part of Discover Global Network/Discover Financial — that will allow its merchants to accept sales across from cards running across the network starting today (Oct. 2).

This deal aligns Global Network’s overall strategy to team with payment solution providers to continue driving acceptance of merchants across the globe. As part of the partnership, Checkout.com, which works with eCommerce merchants worldwide, will add acceptance of Discover, Diners Club and alliance partner cards to its payments processing services portfolio.

“Online cross-border purchases are on the rise as customers can now search around the world for the products and prices they want,” said Ricardo Leite, Vice President of Discover Global Network. “Checkout.com is an important player in the online ecosystem and working with them aligns with our goal of expanding our portfolio of online merchants.”

Discover Global Network is the third largest payments network in the world and processes a large amount of online volume. It also has a presence at more than 35 million merchant locations and 1 million ATM and cash access locations across 185 countries and territories. Discover Global Network includes Discover, Diners Club International, PULSE and affiliated networks.

“The Internet today is interconnecting sellers and buyers across borders like never before and relies on solid and widespread payments networks to make it work,” said Mathieu Altwegg, Chief Executive Officer of Checkout.com. “We are proud to be a new member of the Discover Global Network and glad to allow our online merchants to access 70 million new cardholders around the world.”

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PYMNTS-MonitorEdge-May-2024