Discover and Eazy Sign Agreement to Grow Acceptance for Cardholders
Discover, a leading digital bank and payments company, and Eazy Financial Services signed an agreement to expand acceptance for both company’s cardholders. Discover, Diners Club International and network alliance cardholders will now be able to use their card at 95% of point-of-sale merchants and 100% of ATMs in Bahrain. Once Eazy Financial begins issuing its first national cards, its customers will get access to the Discover Global Network and be able to make transactions at more than 50 million merchants in more than 200 countries and territories.
“CONTINUALLY GROWING ACCEPTANCE IN THIS AREA WILL BENEFIT ALL OF THE CARDHOLDERS OF OUR REGIONAL PARTNERS”
This partnership is Discover’s second network alliance signed in the past year in Bahrain and will grow acceptance to almost 100% for Discover Global Network cardholders transacting in the country. It is also the sixth alliance agreement Discover has signed in the Middle East and North Africa region.
“Continually growing acceptance in this area will benefit all of the cardholders of our regional partners,” said Matt Sloan, vice president of international markets at Discover. “Eazy Financial has a strong footprint in the country and working together will provide its cardholders a strong card product.”
“This partnership with Discover empowers Eazy with the quickest, most effective way to re-engineer its business strategies,” said Nayef Tawfeeq Al Alawi, Founder & MD, CEO of Eazy Financial Services. “Discover shall provide Eazy with significant customer acquisition opportunities, and serve as an important brand investment for Eazy and its customers, serving them with trustable, secured and unified Global Card Acceptance.”
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Discover Global Network has more than 50 million merchant acceptance locations and 2 million ATM and cash access locations around the world. The Discover Global Network includes Discover Network, Diners Club International, PULSE and more than 20 alliance partner networks across the globe.