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Discover Announces Merchant Acquiring Agreement with First National Bank Alaska

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					Discover Announces Merchant Acquiring
Agreement with First National Bank Alaska
Top 100 Merchant Acquirers in the United States Now Provide Discover Acceptance as a Standard Part of
Their Merchant Services Offering

October 13, 2010 08:04 AM Eastern Daylight Time  

RIVERWOODS, Ill.--(EON: Enhanced Online News)--Discover Financial Services (NYSE: DFS) today
announced that it has signed a merchant acquirer agreement with First National Bank Alaska. This agreement
enables First National Bank Alaska to provide acceptance of Discover cards to its entire merchant portfolio in a
simple, integrated package, giving merchants a convenient method to accept Discover and benefit from the millions
of cardmembers and billions in spending each year.

The agreement with First National Bank Alaska also marks a significant milestone for Discover, representing the
completion of a multi-year effort to secure agreements and implement merchant acquiring programs with all of the
top 100 merchant acquirers in the United States. As a result, Discover is now accepted at millions more merchant
locations than ever before, thereby, providing Discover cardmembers with the ability to use their cards all across the
country.

"Discover's ability to provide a complete solution to the acquiring community has driven dramatic growth in merchant
acceptance for the company, and is highlighted by the agreements we have in place with the country’s top 100
merchant acquirers,” said Gerry Wagner, Vice President of global acceptance at Discover. “Cardmembers will
benefit from the ability to use their cards wherever they shop, anywhere in the country, allowing them even more
opportunities to reap the great benefits offered by our issuing partners.” 

“We are pleased to offer our merchants an expanded merchant program to include Discover,” said Christine
Newsome, Vice President at First National Bank Alaska. “With this program in place, we can offer our merchants a
comprehensive solution that allows them to maximize their business growth opportunities.” 

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most
recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest
card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and
offers personal and student loans, online savings accounts, certificates of deposit and money market accounts
through its Discover Bank subsidiary. Its payment businesses consist of Discover Network, with millions of merchant
and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International,
a global payments network with acceptance in more than 185 countries and territories. For more information, visit
www.discoverfinancial.com.

Contacts
Discover
Laura Gingiss, 224-405-0185
lauragingiss@discover.com

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Description: RIVERWOODS, Ill.--(EON: Enhanced Online News)--Discover Financial Services (NYSE: DFS) today announced that it has signed a merchant acquirer agreement with First National Bank Alaska. This agreement enables First National Bank Alaska to provide acceptance of Discover cards to its entire merchant portfolio in a simple, integrated package, giving merchants a convenient method to accept Discover and benefit from the millions of cardmembers and billions in spending each year. The agreement with Fir a style='f
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