Discover Global Network, the payments brand of US-based Discover Financial Services, has partnered with First Data and JCB International to boost its card acceptance in Hong Kong.
Discover Global Network will leverage the existing acquiring partnership between JCB and First Data to expand into Hong Kong.
The agreement will include acceptance of all cards that run on Discover Global Network including Discover, Diners Club and affiliate network cards.
The latest agreement marks the third joint acquirer agreement between JCB and Discover after Kazakhstan and Republic of South Africa.
Discover and JCB have been working together to boost acceptance of JCB cards on the Discover Network in the US, and of Discover cards on the JCB network in Japan since 2006.
JCB International president and COO Kimihisa Imada said: “JCB and Discover’s alliance has now stepped into a new stage opening up a new territory in Asia Region other than our mother market, Japan.
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“Thanks to First Data for their outstanding cooperation. This project allowed us to widen our technical collaboration with First Data and further business possibilities.”
Discover senior vice president of global acceptance Amy Parsons said: “This is a great example of partners working together to bring value to both customers and merchants. Our strong existing relationships with First Data and JCB allow us to grow faster and reach merchants that are important to our customers.”
Discover Global Network manages more than 42 million merchant acceptance locations and 1.9 million ATM and cash access locations across 185 countries and territories.