Global Payments and Discover Financial Services Announce Streamlined Card Acceptance on the Discover Global Network in Canada

ATLANTA & RIVERWOODS, Ill.--()--Global Payments Inc. (“Global Payments”), a leading worldwide provider of payment technology services, and Discover Financial Services (“Discover”) today announced a streamlined acceptance solution for Discover cards for merchants in Canada. The new program will simplify acceptance of Discover, Diners Club International, PULSE and affiliated network cards for Global Payments’ Canadian merchants, offering a comprehensive solution which provides value by offering a single statement.

“The launch of our full acquiring program for Discover is the latest example of our commitment to providing Canadian merchants with robust and innovative product and service offerings,” said René Bélanger, President of Global Payments Canada. “This program brings additional value to our merchant customers by enhancing payment acceptance options and providing them a single source for payment processing, settlement, underwriting, risk management, support and reporting.”

“Canada is a prime growth market for Discover as we see many of our cardholders traveling to the region,” said Gerry Wagner, Vice President, Discover Network. “Our agreement with Global Payments allows us the opportunity to benefit merchants by streamlining Discover Global Network acceptance, while continuing to deliver value for cardholders at the point-of-sale. We will continue to keep our focus on growing Discover Global Network acceptance in Canada and are confident that Global Payments will help us to execute against this goal.”

Discover Global Network is the third largest payments network in the world and the largest merchant acceptance network in Asia-Pacific, with more than 30 million merchant acceptance locations and 1 million ATM and cash access locations across 185 countries and territories. Discover Global Network includes Discover, Diners Club International, PULSE and affiliated networks.

About Global Payments

Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. Our partnerships, technologies and employee expertise enable us to provide a broad range of products and services that allow our customers to accept all payment types across a variety of distribution channels in many markets around the world.

Headquartered in Atlanta, Georgia with 4,200 employees worldwide, Global Payments is a Fortune 1000 Company with merchants and partners in 28 countries throughout North America, Europe, the Asia-Pacific region and Brazil. For more information about Global Payments, our Service. Driven. Commerce brand and our technologies, please visit www.globalpaymentsinc.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 private student loans, personal loans, home 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.

Contacts

Global Payments Inc.
Investor contact:
Jane Elliott, 770-829-8234
investor.relations@globalpay.com
or
Media contact:
Amy Corn, 770-829-8755
media.relations@globalpay.com
or
Discover
Abbe Kalina, 224-405-5175
abbekalina@discover.com

Contacts

Global Payments Inc.
Investor contact:
Jane Elliott, 770-829-8234
investor.relations@globalpay.com
or
Media contact:
Amy Corn, 770-829-8755
media.relations@globalpay.com
or
Discover
Abbe Kalina, 224-405-5175
abbekalina@discover.com