Global payments platform, Thredd, has partnered with the Discover Global Network. Thredd says that the strategic development is in direct response to demand from its client base who are looking for flexibility when creating new card programmes. This is particularly the case for those who need the option for cross-border card issuance.  Discover Global Network processes billions of transactions for over 305 million Discover Global Network Cardholders. It is accepted at more than 70 million merchant locations and millions of additional micro-merchants connected to marketplace and payment facilitators.

The Discover Global Network team will work with Thredd to enable Thredd clients to have access to this additional network. Initial development work will include virtual card issuance with Diners Club International.

“Our recent integration into the Discover Global Network will allow us to develop additional revenue streams, access new markets for our clients, and support both our international expansion and that of our clients” said Jonathan Vaux, Head of Propositions & Partnerships at Thredd.”

“Our growing suite of partners is designed to grant clients financial flexibility to meet the personalised needs of every business.”

Tribh Grewal, Head of altpay, fintech, and commercial solutions at Discover, added: “By collaborating with Thredd, we can expand our network acceptance and provide flexible, convenient and more secure transactions to even more customers internationally. This alliance will enable Discover Global Network to operate in a more seamless way by tapping into new markets across the globe.”

Thredd currently serves over 100 fintechs, digital banks, and embedded finance providers, from consumer to corporate, across 44 countries.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.