08:50 AM EST, 11/15/2024 (MT Newswires) -- Discover Financial Services ( DFS ) and Telered have formed a partnership to integrate Telered's Sistema Clave system with Discover's Global Network.

Financial terms were not disclosed.

Under the agreement, Sistema Clave users will be able to make purchases and payment using Discover's network. Discover Global Network cardholders will be able to make payments at Telered merchants in Panama.

Discover Global Network will add contactless technology to Sistema Clave allowing for integration with digital wallets and quick transportation system payments.

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