Cardstream, the UK’s largest independent provider of white label payment software and services, and Diners Club International, a subsidiary of Discover Financial Services, and part of the Discover Global Network, have today announced a collaboration that will help expand and accelerate the acceptance of Discover Global Network cards including Discover, Diners Club International and affiliate network cards in the UK.
“Ensuring that our partners enjoy the fastest and most direct route to their market is fundamental to everything we do at Cardstream,” said Adam Sharpe, CEO Cardstream. “We are delighted to be working with Discover and look forward to helping them expand acceptance in key verticals through our partner network and scaling their presence even further through our Partner Channel’s army of salespeople.”
Cardstream’s one-to-one-to-many partnership model delivers excellent reach into several key sectors that will accelerate acceptance for Discover and Diners Club cardholders at key merchants such as transport, ticketing for events and tourist attractions, hospitality, student accommodation and parking.
In addition, Cardstream powers over 90% of the UK’s Independent Sales Organisations and, through its Partners’ sales teams, will add 6,000 salespeople selling the benefits of Discover and Diners Club cards to merchants across the UK.
“Being able to accept cards that run on the Discover Global Network enables us to pursue new global markets as well as support the ever-increasing tourism and business travel. As Cardstream continues to strengthen its platform offering, we shall continue to work closely with them to ensure that all customers are able to be supported, however they wish to pay.” Peter Rosenfeld, Founder, WebTicketManager.
The addition of Discover and Diners Club further expands Cardstream’s already impressive portfolio of card schemes, alternative payment methods and acquirer relationships. With a single, simple integration, its white label payment platform instantly connects its customers to all the payment partners, schemes and omnichannel processing applications they need to process global payments seamlessly.
Contributed | what does this mean?