Discover Financial Services and Moneris Solutions, Canada's largest merchant acquirer, today announced the signing of an agreement to expand Discover acceptance in Canada.
Beginning next year, the deal will provide Moneris Solutions merchant customers with access to the millions of cardmembers and billions in spending of the Discover and Diners Club International networks.
"This relationship with Canada's largest merchant acquirer marks a significant merchant growth opportunity for Discover in Canada," said Gerry Wagner, Vice President of Global Acceptance at Discover. "We plan to aggressively expand our acceptance footprint in the coming years throughout Canada - a popular travel destination for our cardmembers - and provide cardmembers from all over the world with the ability to use their cards at merchants throughout the country."
"We are excited to be the first payments processor to offer Discover acceptance to the merchant community in Canada," said David Ades, SVP, Sales and Marketing at Moneris Solutions. "Discover provides a way for merchants to maximize their business growth opportunities through the millions of international travelers that enter Canada every year."