Discover Global Network, the payments brand of Discover Financial Services, has certified the acquiring status of AltPayNet as an Acquirer. This enables AltPayNet to provide their clients — payment companies, banking institutions and merchants the worldwide acceptance of Discover, Diners Club International, and affiliate network cards.
AltPayNet is a global White Label Payment Service Provider and Software-as-a-Service (Saas) Company that specializes in providing secure, seamless, and tailored payment solutions for the following industries:
- Payment companies
- e-Money Issuers
- Real Estate
- Hotel and the travel industry
This partnership is set to strengthen and expand AltPayNet as a leading international payment service provider, SaaS company, and now, as an Acquirer.
Now, more than ever, is a very important time to provide a wider range of payment options for merchants and financial institutions across the world.
According to AltPayNet CEO and Co-Founder Don Vacal, “It is really strategic for AltPayNet to work directly with Discover Global Network to offer the acceptance of Discover, Diners Club International and affiliate network cards, especially because of our focus in the travel, property and financial service sectors.”
Amid the unforeseen events of 2020, AltPayNet’s services has remained steadfast and reliable. “Our mission is to take away the technical, compliance, and operational burdens amongst enterprises, so they can focus on things that really matter to them — sales and relationship management,” said Vacal.
This new role as an Acquirer is a huge milestone and responsibility. Given the limited physical presence of customers and shops at this time, offering the acceptance of Diners and Discover cards can significantly mobilize businesses to accept cross-border and online payments anytime.
This partnership is supported by Amy Parsons, Discover’s senior vice president of global acceptance, “Discover is prioritizing working with acquirers that have a strong global eCommerce footprint.”
AltPayNet clients and merchants around the world will start accepting Diners, Discover, and affiliate network cards on March 30, 2020.
AltPayNet is an international payment service provider specializing in SaaS payments, white label payment gateway, operational consulting, risk management, and cybersecurity services and solutions.
ALTPAYNET has presence in Hong Kong, Philippines, Malta, USA and recently Malaysia. Currently, there are 20+ whitelabel payment gateway clients around the world. Talk to us to learn more.
Discover Financial Services (NYSE: DFS) is a direct banking and payment services with strong US position and global presence. 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 private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business.
It operates the Discover Global Network comprised of 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 around the world. For more information, visit www.discover.com/company.