Discover Global Network Signs with Computop to Increase International E-Commerce Merchant Acceptance

RIVERWOODS, Ill. & BAMBERG, Germany--(BUSINESS WIRE)-- Diners Club International, a wholly owned subsidiary of Discover Financial Services and part of the Discover Global Network, and Computop, a leading international payment service provider, today announced an agreement that will increase e-commerce acceptance for Discover, Diners Club and Alliance Partner cards.

This agreement is part of Discover Global Network’s ongoing effort to increase global acceptance, both online and in-store, through partnerships with leading payment service providers. By working with Computop, all cards running on the Discover Global Network will be provided with seamless and secure access to additional top merchants in the travel, e-commerce, hospitality and retail industries, among others.

In addition, Computop’s merchants can support ProtectBuy, Discover’s 3D Secure payment solution, making online transactions more secure for online retailers and their customers.

“We’ve seen significant growth in e-commerce across the Discover Global Network and remain focused on meeting the evolving needs of our cardholders by growing digital acceptance and maintaining the highest levels of card security,” said Ricardo Leite, vice president, Discover Global Network. “Computop’s international merchant base is a great fit for our cardholders, especially in Germany and throughout Europe, and further expands our global payment network.”

Discover Global Network, which includes Discover, Diners Club International, PULSE and affiliated networks, features more than 70 million cardholders, 37 million merchant acceptance locations and one million ATM and cash access locations across 185 countries and territories.

“Discover Global Network and Diners Club International provide an impressive global reach of cardholders. Through this partnership, 10,000 Computop customers can now accept a wide range of local cards not only from North America and Europe but also from Latin America and Asia Pacific,” said Ralf Gladis, founder and CEO, Computop. “We are excited to be connected to the Discover Global Network because it enables Computop Paygate customers to accept cards from consumers all over the world.”

ABOUT COMPUTOP

Computop is a leading global payment service provider (PSP) that provides compliant and secure solutions in the fields of e-commerce, POS, m-commerce and Mail Order and Telephone Order (MOTO). The company, founded in 1997, is headquartered in Bamberg, Germany, with additional independent offices in China, the UK and the US. Computop processes transactions totaling $17 billion per year for its client network of over 10,000 large international merchants and global marketplace partners in industries such as retail, travel and gaming. Global customers include C&A, Fossil, Metro Cash & Carry, Rakuten, Samsung and Swarovski. Following the recent asset deal with the Otto Group, Computop is now processing payments for merchants that previously used EOS Payment, including all 100 Otto retail brands. In cooperation with its network of financial and technology partners, which it has expanded over many years, Computop offers a comprehensive multichannel solution that is geared to the needs of today's market and provides merchants with seamlessly integrated payment processes. For further information, please visit www.computop.com

ABOUT DINERS CLUB INTERNATIONAL LTD.

Diners Club International is owned by Discover Financial Services (NYSE:DFS), a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Established in 1950, Diners Club International became the first multi-purpose charge card in the world, launching a financial revolution in how consumers and companies pay for products and services. Today, Diners Club is a globally-recognized brand serving the payment needs of select and affluent consumers, offering access to more than 550 airport lounges worldwide, and providing corporations and small business owners with a complete array of expense management solutions. With acceptance in more than 185 countries and territories, millions of merchant locations and access to more than 1 million cash access locations and ATMs, Diners Club, as a strategic partner of the Discover Global Network, is uniquely qualified to serve its cardmembers all over the world. For more information, visit www.dinersclub.com.

ABOUT DISCOVER

Discover Financial Services (NYSE: DFS) is a direct 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 home loans, private student loans, personal loans, home equity loans, checking and savings accounts, certificates of deposit and money market accounts through its direct banking business. It operates the 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 in more than 185 countries and territories.For more information, visit www.discover.com/company.