Wells Teams With Discover For Merchant Payments

Malakian, Anthony
November 2007
Bank Technology News;Nov2007, Vol. 20 Issue 11, p11
Trade Publication
The article focuses on the partnership of Discover and Wells Fargo, which is made as an effort to improve the condition of each company. As reported, Discover continues to face a fierce battle for merchant payments businesses like Amex and Visa, while Wells Fargo tries to expand its merchant payment acceptance options. Through collaboration, it is claimed that Discover will be given an edge over its rivals, while Wells Fargo's customers will have access to Discover's processing network.


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