CNP Processor Wirecard Signs Acquiring Agreement with Diners Club

Wirecard Bank, a subsidiary of Munich-based financial services technology company Wirecard AG, announced it has entered into an agreement with Diners Club International, a business division of Discover Financial Services, to become a licensed acquirer for the credit cards Diners Club and Discover. Diners Club and Discover cardholders will be able to use their cards in markets where Wirecard has a presence – Belgium, France, Germany, Ireland, Luxembourg, the Netherlands, Switzerland and U.K. in Europe and China, Hong Kong, India, Taiwan, Thailand and Vietnam in Asia. Gerry Wagner, executive vice president of international acceptance at Diners Club International, said: “Diners Club International is an integral part of Discover’s global payments strategy and we are committed to our goal of expanding our global footprint. This agreement with Wirecard, a leader in the customer-not-present space, is an important step in reaching merchants across Europe and Asia as we make progress on this initiative.”