Discover and Eazy sign agreement to increase cardholder acceptance

BAHRAIN & RIVERWOODS, Illinois – (BUSINESS WIRE) – Discover, a leading digital banking and payments company, and Eazy Financial Services have signed an agreement to expand acceptance for cardholders from both companies. Discover, Diners Club International and Network Alliance cardholders will now be able to use their card at 95% of points of sale and 100% of ATMs in Bahrain. Once Eazy Financial begins issuing its first national cards, its customers will have access to the global Discover network and will be able to transact at more than 50 million merchants in more than 200 countries and territories.

The partnership is Discover’s second network alliance signed last year in Bahrain and will increase acceptance to almost 100% for Discover Global Network cardholders transacting in the country. It is also the sixth alliance agreement that Discover has signed in the Middle East and North Africa region.

“The growing acceptance in this area will benefit all cardholders of our regional partners,” said Matt Sloan, vice president of international markets at Discover. “Eazy Financial has a strong presence in the country and working together will provide its cardholders with a strong card product.”

“This partnership with Discover gives Eazy the fastest and most efficient way to rethink its business strategies,” said Nayef Tawfeeq Al Alawi, Founder and Managing Director of Eazy Financial Services. “Discover will provide Eazy with significant customer acquisition opportunities and be a significant brand investment for Eazy and its customers, providing them with reliable, secure and unified global card acceptance.”

Discover Global Network has over 50 million merchant acceptance points and 2 million ATM and cash outlets around the world. The Global Discover Network includes Discover Network, Diners Club International, PULSE and over 20 Alliance Partner Networks around the world.

About Discover

Discover Financial Services (NYSE: DFS) is a digital banking and payments company with one of the most recognized brands in financial services in the United States. Since its inception in 1986, the company has grown into one of the largest card issuers in the United States. The company issues the Discover Card, an American pioneer in cash rewards, and offers private student loans, personal loans, home loans, checking and savings accounts, and certificates of deposit through its banking operations. It operates the global Discover network made up of the Discover Network, with millions of points of sale and access to cash; PULSE, one of the country’s main ATM / debit networks; and Diners Club International, a global payment network accepted worldwide. For more information visit www.discover.com/company

About Eazy

Established in 2016, Eazy is licensed and regulated by the Central Bank of Bahrain as an ancillary service provider, payment service provider, biometric payment services, payment gateway, financial settlement / clearinghouse, programs / card system and The 4e Purchaser of online points of sale and payment in the Kingdom of Bahrain. Eazy 1st The product was the “Biometric Payment Network” Inaugurated in 2019 by the late HRH Prince Khalifa bin Salman Al Khalifa, the Prime Minister of the Kingdom of Bahrain being the “first Bahrain to register and perform transactions using his fingerprint . Eazy is primarily engaged in digital financial services within the financial industry such as ‘digital wallet’ allowing clients based in Bahrain and other countries to obtain Eazy’s wallet account and own branded cards. national virtual and physical Eazy, in addition to many value-added services to their wallets and card holders such as biometric face payments and more, achieving its primary goal of transacting transparently, by embracing innovative new trends and the latest solutions in the payments industry that will evolve to the next level of customer experience.

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