Barclaycard and Diners Club International Forge New Partnership

  Barclaycard and Diners Club International Forge New Partnership

     Partnership will give merchants extra choice over payment acceptance

Business Wire

LONDON & RIVERWOODS, Ill. -- June 5, 2013

Barclaycard Global Payment Acceptance and Diners Club International, a
business unit of Discover Financial Services (NYSE: DFS), today announced a
new joint agreement to allow the acceptance of Discover and Diners Club cards
by merchants using Barclaycard’s payment acquiring services. As a result of
the agreement, thousands of small, medium and large merchants using
Barclaycard’s payment acquiring services will be able to accept payments from
Discover, Diners Club International and Discover Network partners cardholders
from around the world.

Barclaycard, which is one of Europe's largest payment acceptance providers
with over 89,000 merchants, will add acceptance of Discover Network and Diners
Club International’s cards – which are already accepted in more than 185
countries worldwide – as a standard to its payments processing services
portfolio starting in early 2015.

Paulette Rowe, Managing Director of Barclaycard Global Payment Acceptance
said: “With our increasingly global economy, businesses of all sizes want to
offer the widest possible range of payment methods. As one of the largest
payment processors in the UK, this new agreement between Barclaycard and
Diners Club International will allow our merchants to take payment from a
wider range of overseas customers. Whether you run a small online shop or a
global retail chain, accepting the widest possible range of payments will mean
more choice for customers and more opportunities for businesses.”

“Diners Club International and Discover Network cards already are accepted at
millions of merchant locations worldwide, and this agreement with Barclaycard
will increase our presence in the UK, a key tourist destination for our
cardmembers,” said Gerry Wagner, VP of global acceptance for Discover
Financial Services. “Not only will our cardmembers benefit from this increased
acceptance, but Barclaycard Global Payment Acceptance merchants will find it
easier to accept Discover Network and Diners Club International cards as
method of payment, both in person and online.”

About Barclaycard

Barclaycard is a leading global payment business which helps consumers,
retailers and businesses to make and accept payments flexibly, and to access
short-term credit when needed.

The company is one of the pioneers of new forms of payments and is at the
forefront of developing viable contactless and mobile payment schemes for
today and cutting edge forms of payment for the future. It also issues credit
and charge cards to corporate customers and the UK Government. Barclaycard
partners with a wide range of organisations across the globe to offer their
customers or members payment options and credit.

In addition to the UK, Barclaycard operates in the United States, Europe and
Africa.

Key facts published in February 2013;

- Total number of Barclaycard customers: 28.8m

- Number of retailer/merchant relationships: 89,000

- Total payments processed: £240bn

About Diners Club International

Diners Club International is owned by Discover Financial Services (NYSE: DFS),
a direct banking and payment services company with one of the most recognized
brands in U.S. financial services. Established in 1950, Diners Club
International became the first multi-purpose charge card in the world,
launching a financial revolution in how consumers and companies pay for
products and services. Today, Diners Club is a globally recognized brand
serving the payment needs of select and affluent consumers, offering access to
more than 450 airport lounges worldwide, and providing corporations and small
business owners with a complete array of expense management solutions. With
acceptance in more than 185 countries and territories, millions of merchant
locations and access to over 850,000 cash access locations and ATMs, Diners
Club is uniquely qualified to serve its cardmembers all over the world. For
more information, visit www.dinersclub.com.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S. financial
services. Since its inception in 1986, the company has become one of the
largest card issuers in the United States. The company operates the Discover
card, America's cash rewards pioneer, and offers home loans, private student
loans, personal loans, online savings accounts, certificates of deposit and
money market accounts through its direct banking business. Its payment
businesses consist of Discover Network, with millions of merchant and cash
access locations; PULSE, one of the nation's leading ATM/debit networks; and
Diners Club International, a global payments network with acceptance in more
than 185 countries and territories. For more information, visit
www.discoverfinancial.com.

Contact:

Media Contacts
Barclays
Andrew Bond
Media Relations
Office +44 (0)7766364908
Andrew.bond@barclaycard.co.uk
or
Diners Club International
Discover Financial Services
Katie Henry
224-405-4437
Kathrynhenry@discover.com
 
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