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Sunday, December 08, 2024

CLOWD9 and Discover® Global Network Certification and Agreement Set to Expand Opportunities for Cross-Border Issuance

CLOWD9, a leading cloud-native, B-Corp certified issuer processor, is excited to announce its strategic agreement and certification with Discover® Global Network, a prominent global payments network. This relationship marks a significant milestone in the realm of cross-border payments and issuer processing, ensuring enhanced services for customers worldwide.

Driven by specific customer demand, the collaboration with Discover Global Network allows CLOWD9 to offer a third network option for fintechs and programme managers, expanding opportunities for cross-border card issuance. Notably, CLOWD9 has prioritised offering both virtual and physical cards through this work, demonstrating its commitment to providing comprehensive payment solutions.

Suresh Vaghjiani, CEO of CLOWD9, expressed his enthusiasm for this collaboration, stating, “We are thrilled to announce our strategic collaboration with Discover Global Network. By combining our expertise with Discover Global Network, we are poised to redefine industry standards and provide unparalleled value. Together, we will enhance customer experience, drive global growth, and set new benchmarks in the payments industry.”

This certification with Discover Global Network further solidifies CLOWD9’s position in the market, as one of the few issuer processors certified by all three major networks. With a focus on speed to market and a comprehensive offering, the company has shown remarkable progress since its launch less than two years ago.

Tribh Grewal, Head of Altpay, Fintech, and Commercial Solutions at Discover Global Network, shared his perspective on the collaboration, saying, “The industry demands innovative solutions for cross-border payments, and our collaboration with CLOWD9 aligns perfectly with this objective. Together, we aim to pave the way for more seamless and efficient global transactions, meeting the evolving needs of consumers and businesses.”

CLOWD9’s mission revolves around providing customers with a wide range of choices and scalable solutions that transcend geographical boundaries. Their commitment to customer-centric innovation and global ambitions has positioned them as a key player in the payments ecosystem.

CLOWD9 continues to expand its offerings while maintaining a customer-centric approach. The collaboration with Discover Global Network reinforces their dedication to driving innovation and progress in the payments industry.

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