TabaPay, a money movement platform, announced that it has become a direct network participant of Discover Network. This follows TabaPay’s longstanding relationship with the global payment network’s leading U.S. debit network PULSE®.
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Thousands of fintechs, lenders, and digital platforms rely on TabaPay for fast, reliable connectivity, and this upgrade further strengthens those benefits. Discover Network also has 30+ Network Alliances.1 This network-to-network payment structure allows payments to be transmitted and settled between two or more distinct financial networks. By accepting Discover Network, merchants can also accept cards from consumers from around the world such as JCB®, UnionPay®, ELO®, RuPay® and Troy®, in addition to many others. Their unique approach provides merchants with a single connection to millions of cardholders across their network alliance partners.
“Together with TabaPay, we’re making it easier for fintechs and other innovators to access Discover Network while meeting the highest standards of performance, reliability, and scale,” said Jennifer Cruz, Senior Vice President, US and Canadian Markets at Discover Network. “This initiative expands our domestic debit footprint, further enabling our partners to provide seamless money movement solutions.”
“Becoming a direct participant of Discover Network reflects the strength and scale of TabaPay’s business,” said Rodney Robinson, Co-Founder and CEO of TabaPay. “We’re pleased to build on our longstanding relationship with PULSE and deliver even better payment performance to our clients.”
TabaPay’s unified API model allows clients to access improved connectivity without any additional setup.
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