Discover Financial Services and Promoción y Operación S.A. de C.V., a payment solutions provider and domestic payments network in Mexico, have formed 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 POS and ATM locations, according to a press release.
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, the companies said.
"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," Prosa CEO Alejandro Morales said in the release.
"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." Related Content
Read the full story: Network alliance expands Discover reach at ATM, POS locations in Mexico