- Discover Financial Services (NYSE:DFS +2.7%) signs a pact with Network International Jordan and JONET, an operator of Jordanian national switch, to increase use of its Discover and Diners Club credit cards in Jordan.
- Additionally, JONET cardholders will be able to use their cards on the Discover Global Network outside of Jordan.
- JONET supports 100% of ATMs in Jordan and 80% of merchants, meaning that they will open acceptance at almost 2,000 ATMs and more than 18,000 merchants in the next year for consumers using a card that runs on the Discover Global Network.
- The agreement builds on Discovers' existing network alliances in the region in United Arab Emirates, Bahrain, Lebanon, and Saudi Arabia.
- "Jordan is a tourist destination for travelers around the world and Network International Jordan will help us increase acceptance for those travelers given the relationships they have with merchants across the country," said Matt Sloan, vice president of international markets at Discover.