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Stock impact report

Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders [Yahoo! Finance]

Discover Financial Services (DFS) 
Last discover financial services earnings: 4/22 05:35 pm Check Earnings Report
US:NYSE Investor Relations: investorrelations.discover.com
Company Research Source: Yahoo! Finance
Telered, through the Sistema Clave system, is integrating with the Discover Global Network. With this agreement, Sistema Clave users will be able to make purchases and payments at more than 70 million global acceptance locations , as well as on frequently used online merchants and streaming platforms; and withdraw cash at more than 1.8 million ATMs worldwide across Discover's network. Additionally, Discover Global Network cardholders will be able to transact at Telered merchants in Panama. For local users, the traditional advantages of the Sistema Clave card, such as low cost and PIN security for transactions, will be maintained, and Discover Global Network will help add contactless technology for quick payments and integration with digital wallets and transportation systems like the Panama Metro. For merchants in Panama, the agreement represents the opening of a new universe of opportunities by allowing transactions from more than 345 million cardholders from Discover Network, Show less Read more
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