TabaPay and Discover Network Expand Direct Connectivity
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.
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“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.”
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TabaPay’s unified API model allows clients to access improved connectivity without any additional setup. Clients can gain access to more efficient routing, lower latency, and higher authorization rates across their global network. By connecting directly to the network and removing intermediaries, TabaPay also reduces potential points of failure and delivers the high-availability performance required by modern industries.
“Our focus is providing North American businesses with the infrastructure they need to scale without friction,” said Tim Astanov, Chief Product Officer at TabaPay. “Expanding our Discover integration to leverage net-to-net connectivity enables our clients to seamlessly accept major global payment networks like JCB and China UnionPay, instantly expanding their addressable market and unlocking net-new transaction volume.”
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