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Discover enters alliance with Bulgaria's Borica AD on payment card acceptance

Borica AD, the owner of Bcard, the national payment system in Bulgaria, announced an agreement with Discover Financial Services to provide acceptance of the card outside of the country using Discover's global payment network.

Bcard will collaborate with the payment network to develop integration of Discover's EMV contact, contactless and mobile solutions as well as D-PAS for international payment, according to a company release.

"Discover has become a nimble and flexible partner to organizations around the world by providing them the tools and resources to grow and increase acceptance," Joe Hurley, senior vice president and head of global business development at Discover, said in the press release.

He said the agreement complements a strategy by Discover to create global alliances to help give customers choice with where and how they pay.

Discover Global Network, which includes Discover, Diner's Club, Pulse and affiliated networks, has more than 44 million merchant locations where the card is accepted and about 2 million ATM and cash access locations in a total of more than 190 countries and territories around the world.