Discover to increase card acceptance in Mexico

 
Business Wire
Updated 9/14/2018 9:58 AM
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  • Discover Financial Services, headquarters in Riverwoods, signed an agreement to expand its services in Mexico.

    Discover Financial Services, headquarters in Riverwoods, signed an agreement to expand its services in Mexico. Daily Herald file photo

Discover Financial Services and Promoción y Operación S.A. de C.V. (Prosa), a payment solutions provider and domestic payments network in Mexico, signed an agreement to form a strategic network alliance to expand Discover Global Network acceptance in Mexico.

Discover, Diners Club International, PULSE and network affiliate cards will now be accepted on Prosa's network in Mexico at both point-of-sale and ATM locations.

The agreement will focus initially on enabling all Discover Global Network cards on the Prosa network. The companies also plan to look at future opportunities to work together on other products and services.

"This alliance will allow Prosa to continue to contribute to the growth of the payments industry in Mexico, by allowing the acceptance of Discover Global Network cards at additional points-of sale and ATM locations," said Prosa CEO Alejandro Morales.

"I am pleased that through this alliance with Prosa, our cardholders will be able to use their cards at hundreds of thousands of additional merchants and thousands of ATMs throughout Mexico," said Joe Hurley, senior vice president and head of global business development for Discover based in Riverwoods. "Mexico is a key destination for our cardholders and this relationship continues to help us meet our goal of allowing cardholders to use their cards of choice wherever they travel."

The Discover Global Network includes Discover Network, Diners Club International, PULSE and affiliate networks. It has more than 42 million merchant acceptance locations and 2 million ATM cash access locations across 190 countries and territories. Discover has established network to network alliances across the globe, including relationships in China, Japan, Korea, India, Brazil, Turkey, Nigeria and throughout Europe.

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