Fintech News

areeba and Discover sign Network Alliance Agreement

Discover Signs Agreement to Help Expand Acceptance of Sezzle’s Buy Now, Pay Later Feature

areeba and Discover signed a strategic agreement that increases the global acceptance footprint for both organizations. The agreement gives Discover, Diners Club International, PULSE and Network Alliance cardholders the ability to use their cards on the areeba network, which includes Point-of-Sale (POS) and e-commerce platforms across Lebanon.

Read More: Wolters Kluwer Adds Over 250 Innovative Enhancements To Its Cloud-Based CCH Axcess™ Client Collaboration Expert Solution

“This agreement with areeba complements Discover’s strategy of creating worldwide alliances that provide consumers with more choices when it comes to how and where they pay.”

This alliance enhances areeba’s strategy to grow the number of payment options available in Lebanon and provides more choices to consumers on how they want to pay. The agreement will benefit customers by increasing the number of payment options available and provide them access to more than 48 million outlets in 200 countries. Discover Global Network cardholders will have access to more than 15,000 POS terminals and 800 e-commerce sites at over 8000 local merchants across Lebanon.

Read More: Solovis Launches New Risk Analytics Platform Designed for Asset Owners and Allocators

areeba’s Chief Commercial Officer, Ramzi Saboury said: “This strategic partnership with Discover reinforces areeba’s continuous efforts to offer multiple payment options and cashless payments facilities across the country. We believe that this new alliance with the Discover Global Network will grant all cardholders across the Discover® Global Network a compelling shopping experience in our country. Through this strategic partnership focusing first on acquiring to allow all Discover cards to be accepted at areeba’s POS and payment gateway networks, we will expand in the near future this agreement to cover issuance of special cards allowing Lebanese banks to introduce cards that will be accepted on the Discover® Global Network for international purchases and cash access outside of Lebanon.”

Read More: MemberPass™ and Filene Survey Reveals Changing Attitudes to How Americans Protect Identity with Financial Services

Related posts

Signature Bank Expands West Coast Operations With Appointment of Executive Director and 45 Professionals Spanning 15 Private Client Banking Teams

Fintech News Desk

Endurance Warranty Services Introduces eCommerce Platform for Online Quoting and Buying

Fintech News Desk

Colonize Worlds and Manage Economies In Real-time in Krypton: Dawn of Machine

Fintech News Desk
1