13 May - 2 min read
Razer Merchant Services (RMS), the business-to-business (B2B) arm of Razer Fintech, has become the first merchant acquirer within Malaysia to partner with global payment service provider Discover Global Network. With this, e-commerce merchants who are part of RMS’ network will soon be able to accept payments made with Discover Global Network cards, such as Diners Club International, Discover, and other affiliate network cards.
To explain, Discover Global Network owns several payment services brands, including Diners Club International and Discover Network. Diners Club International is notably known for introducing the world’s first multipurpose charge card, whereas Discover Network is a payments network which has presence in many parts of the world.
In a statement, RMS said that it aims to enable 2,000 e-commerce merchants in Malaysia to enjoy the benefits of this partnership, allowing them to tap into the affluent segment. It is estimated that there are more than 280 million cardholders under Discover Global Network globally.
The chief executive officer of Razer Fintech, Lee Li Meng further highlighted that RMS merchants will also have access to a bigger customer base in the regional and global market. This is as RMS hopes to expand its offerings with Diners Club International and Discover across the Southeast Asia region.
Meanwhile, the regional managing director of global acceptance (Asia Pacific) for Discover, Jonathan Gould said that this partnership will help to promote the Malaysian e-commerce market to its global partners. “We are committed to continuously providing great benefits and convenience to our cardholders around the world by offering options to make online payments more seamless across borders,” he commented.
(Source: The Sun Daily)
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