The Payments Process
Get a step-by-step overview of the process payments over our network go through.
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Discover
Enables communication between all the parties
Acquirer
Facilitates payment processing between merchants and processors
Financial Institution
Offers consumers and businesses payment and access accounts
Cardholder
Initiates purchases
Merchant
Accepts multiple types of payment
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Our History Timeline
1999 - Launches Discover Platinum Card.
