Discover’s Diners Club International announced an agreement with Bangkok Bank last week that will allow merchants using the Thai bank’s network to accept Discover cards.
The Discover network is the third largest payments network in the world. It operates in more than 185 countries across the globe.
“By opening up our Discover Global Network to Bangkok Bank’s extensive merchant network, we are strengthening our acceptance footprint throughout Southeast Asia,” Diane Offereins, the executive vice president and president of Discover Payment Services, said. “Thailand, especially Bangkok, is a top destination for international travelers. As the Discover Global Network expands farther throughout the region and the world, we’re meeting our cardmembers’ travel needs wherever they want to go.”
Under the terms of the agreement, merchants using Bangkok Bank’s network will have the ability to accept Diners Club International, Discover, BC Global, DinaCard and RuPay cards.
“Cards running on the Discover Global Network offer many benefits, which include cashback, rich rewards, no foreign exchange fees and access to airport lounges,” Shoke Na Ranong, the executive vice president and card division head at Bangkok Bank, said. “The cards are used by corporations and government organizations for employees’ business expenses and have the best-in-class corporate-reporting and expense-management tools. We feel that this means that these corporate cardholders prefer to frequent merchants that accept their cards.”
Established in 1950, Diners Club International was the first independent credit card company in history and the first multi-purpose charge card in the world.