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Diners Club International Ltd. (DCI), founded as Diners Club, is a
charge card A charge card is a type of credit card that enables the cardholder to make purchases which are paid for by the card issuer, to whom the cardholder becomes indebted. The cardholder is obliged to repay the debt to the card issuer in full by the d ...
company owned by
Capital One Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia, with operations primarily in the ...
. Formed in 1950 by Frank X. McNamara, Ralph Schneider (1909–1964), Matty Simmons, and Alfred S. Bloomingdale, it was the first independent
payment card Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and ...
company in the world, successfully establishing the financial card service of issuing travel and entertainment (T&E) credit cards as a viable business. Diners Club International and its franchises serve individuals from around the world with operations in 59 countries.


History

The idea for Diners Club was conceived at the Majors Cabin Grill restaurant in New York City in 1949. Diners Club cofounder Frank McNamara was dining with clients and realized he had left his wallet in another suit. His wife paid the bill, and McNamara thought of a multipurpose charge card as a way to avoid similar embarrassments in the future. He discussed the idea with the restaurant owner at the table, and the following day with his lawyer Ralph Schneider and friend Alfred S. Bloomingdale. McNamara returned to the same restaurant the following February, in 1950, and paid for his meal using a cardboard charge card and a signature. The story became well known. Diners Club official history refers to this meal as "The First Supper", and is credited by historians as the beginnings of contemporary credit. Various versions of the story differ about whether it was a lunch or dinner at which McNamara forgot his wallet, and whether the bill was paid on loan or McNamara waited for his wife to drive his wallet to him. Some journalists later credited Alfred Bloomingdale with the idea for Diners Club. McNamara and his attorney, Ralph Schneider, founded Diners Club International on February 8, 1950, with $1.5 million in initial capital. Alfred Bloomingdale joined briefly, then started a competing venture in California before merging his California-based Dine and Sign with Diners Club. McNamara's original conception was to make a card that could be used as a means of payment in restaurants around New York City; however, he later expanded its usage to other types of establishments, including hotels, car rentals, and flower shops. The company started building its customer base by offering their cards to prominent businessmen. Shortly afterward, Matty Simmons, the company's first press agent, started advertising the card in newspapers, magazines, and by sending personal mail to potential customers. Diners Club International was named for being a "club of diners" that would allow patrons to settle their bill at the end of each month through their credit account. When the card was first introduced, Diners Club listed 27 participating restaurants, and 200 of the founders' friends and acquaintances used it. Diners Club had 20,000 members by the end of 1950 and 42,000 by the end of 1951. At the time, the company was charging participating establishments 7% and billed cardholders $5 a year. In 1952, McNamara sold his interest in Diners Club to his partners for $200,000. The first plastic Diners Club card was introduced in 1961; by the mid-1960s, Diners Club had 1.3 million cardholders. Towards the end of the 1960s, Diners Club faced competition from banks that issued
revolving credit Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Credit cards are an example of revolving credit used by consumers. Corporate revolving credit facilities are typically used t ...
cards through
Bank of America The Bank of America Corporation (Bank of America) (often abbreviated BofA or BoA) is an American multinational investment banking, investment bank and financial services holding company headquartered at the Bank of America Corporate Center in ...
's BankAmericard (later changing its name to
Visa Visa most commonly refers to: * Travel visa, a document that allows entry to a foreign country * Visa Inc., a US multinational financial and payment cards company ** Visa Debit card issued by the above company ** Visa Electron, a debit card ** Vi ...
), and Interbank Master Charge (renamed to MasterCard). Starting in 1968, the American Oil Company, or
Amoco Amoco ( ) is a brand of filling station, fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and petroleum, oil company, founded by Standard Oil Company i ...
, also launched its own co-branded Diners Club cards called American Torch Club (later renamed Amoco Torch Club), and
Sun Oil Company Sunoco LP is an American master limited partnership organized under Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of fuel ...
issued its version called Sun Diners Club Card starting in 1977. In 1981,
Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...
, a unit of
Citicorp Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...
, bought Diners Club International, including the franchisor that holds rights to the Diners Club trademark. Despite this, a majority of the franchises abroad remain independently owned. In April 2008,
Discover Financial Discover Financial Services, Inc. was an American financial services company best known for its Discover Card. Founded in 1985, the company offered a wide range of banking and payment services, including checking and savings accounts, persona ...
and
Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...
announced that Discover was purchasing the Diners Club International network from Citigroup for $165 million. In May 2008, the
Federal Trade Commission The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) United States antitrust law, antitrust law and the promotion of consumer protection. It ...
approved the transaction and it was finalized on July 1, 2008.


Franchising


International franchise

In a transaction completed on July 1, 2008,
Discover Financial Services Discover Financial Services, Inc. was an American financial services company best known for its Discover Card. Founded in 1985, the company offered a wide range of banking and payment services, including checking and savings accounts, persona ...
purchased Diners Club International from Citibank for $165 million. The deal was announced in April 2008 and approved by the U.S. government in May 2008. By merging the North American Discover Network with the international Diners Club Network, Discover created a global payment processing system. Discover Bank has no plans to issue Diners Club-branded cards, which continue to be issued by Diners Club International licensees. In 2011, Discover started incorporating its logo on Diners Club International cards. Several payment processors, like
PayPal PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alter ...
, can process only new Diners Club International cards, which include the Discover logo, as well as BMO's Diners Club-branded Mastercards issued in North America.


Argentina

In Argentina, Citibank entered into an agreement to transfer its rights and obligations to Banco Comafi. From December 16, 2013, until August 31, 2021, Banco Comafi S.A. managed the Diners Club credit card business in Argentina. After Banco Comafi closed the Diners Club Argentina business, all existing Diners Club Argentina credit cards were converted into Mastercard credit cards.


Australia

In July 1974, Ansett Transport Industries purchased a 50% shareholding in the Australian franchise. In January 1999, Ansett sold its shareholding to
Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...
. On June 1, 2022,
National Australia Bank National Australia Bank Limited (abbreviated NAB, branded and stylised as nab) is one of the four largest Banking in Australia, financial institutions in Australia (colloquially referred to as "Big Four (banking), The Big Four") in terms of mar ...
bought Citigroup's Consumer Banking business in Australia, including the Australian branch of Diners Club. The Diners Club Corporate Card, Citi Mastercard Corporate Executive Companion Card, Diners Club Business Card and the Citi Mastercard Business Companion Card previously marketed under the Citibank brand were brought under the
National Australia Bank National Australia Bank Limited (abbreviated NAB, branded and stylised as nab) is one of the four largest Banking in Australia, financial institutions in Australia (colloquially referred to as "Big Four (banking), The Big Four") in terms of mar ...
(NAB) brand as a result of the acquisition. On November 1, 2023, Diners Club Australia announced that it was ending personal cards on January 31, 2024, with no transactions possible after that date. Subsequently, it announced that all business and corporate cards were ending on April 15, 2024. All Diners Club accounts closed on September 16, 2024, effectively ending Diners Club's presence in the Australian market.


Brazil

On November 21, 2018, it was announced that Diners Club International and Brazilian card association Elo were extending their partnership: they launched Elo Diners Club International Cards in Brazil. The cards run via the Discover Global Network, and are accepted at 42 million merchant locations and 2 million ATMs in over 190 countries and territories.


China and Hong Kong

In September 2017, Diners Club International signed a deal with Allinpay, a Chinese payment provider, to be the exclusive carrier of all the cards that are part of the Discover Global Network. Apart from that, Allinpay intended to increase the card acceptance in Hong Kong, especially by "travel oriented merchants".


Chile

In Chile, the Diners Club franchise was long held by Citibank Chile until it was acquired by
Banco de Chile Banco de Chile () is a Chilean bank and financial services company with headquarters in the city of Santiago de Chile. It's a commercial bank that provides a range of financial services to clients. As of December 31, 2012, Banco de Chile has a ...
in 2008, who then took over said franchise.


Colombia

In Colombia, the first Diners Club franchise was opened in 1963. Nowadays, the Colombian franchisee and issuer of Diners Club cards is Banco Davivienda.


Europe

Diners Club has franchises in some European countries, such as Austria, Germany, North Macedonia, Slovenia, Spain, and Switzerland for example. Those franchises generally only issue Diners Club cards to residents of their respective countries. However, since January 2025, ISX Financial has become a pan-European Diners Club franchisee, issuing th
Flykk
Diners Club debit card in several European markets.


India

Diners Club was the first to introduce credit cards in India. Kali Mody is credited with opening the first Diners franchise in the country in 1961, which started an invitation-only credit card issuance. Its cards have been offered by Citibank India, followed by
HDFC Bank HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai. It is India's largest private sector bank by assets and market capitalisation. The Reserve Bank of India (RBI) has identified the HDFC Bank, Stat ...
which took over in 2011. In 2021, the
Reserve Bank of India Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Min ...
(RBI) barred the company (along with
American Express American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Expr ...
) from issuing new cards for failing to follow norms about storing data within the country. The ban was lifted later in the year after it complied with the RBI guidelines.


Japan

The Nihon Kōtsū Kōsha (now
JTB Corporation (aka JTB), is the largest travel agency in Japan and one of the largest travel agencies in the world. It specializes in tourism. There are branches all over the world to help Japanese and non-Japanese guests in both private leisure and corpor ...
) and
Fuji Bank The Yasuda Bank () from 1880 to 1948, then Fuji Bank () from 1948 to 2000, was one of the largest Japanese banks for much of the 20th century, together with Dai-Ichi Bank, Mitsubishi Bank, Mitsui Bank, and Sumitomo Bank. It was the main bank of ...
(the direct predecessor of
Mizuho Corporate Bank , or MHCB, was the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate, prior to the reintegration of investment banking services under the Mizuho Bank name in July 20 ...
) founded Diners Club Japan in 1960, and began issuing the country's first Diners Club cards in spring 1961, shortly before JCB. In 2000, Diners Club Japan was acquired by
Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...
Japan, and since 2015, the sole issuer of all Diners Club cards in Japan is Sumitomo Mitsui Trust Bank, after it acquired Citibank Japan's credit card division that same year.


Kazakhstan

In September 2016,
Kazkommertsbank Kazkommertsbank () was the largest private bank in Kazakhstan with a total market share of 24% until 2018. Kazkommertsbank was a large provider of banking services and other financial products to large and medium-sized corporations in all sectors ...
became the official Diners Club card issuer in Kazakhstan. In a statement, managing director of Kazkommertsbank, Nurlan Zhagiparov said, "Our collaboration with Diners Club is another step toward the integration of Kazakhstan into the global economy, which increases the tourism potential in our country."


Korea, South

In Korea, Diners Club started its business around the 1980s. However, in 1993,
Citibank Korea Citibank Korea () is a South Korean subsidiary of Citigroup. Its core is the Korean-American Bank or KorAm Bank, founded in 1983 and acquired by Citi two decades later. Citibank Korea was named the worst bank in terms of consumer complaints by t ...
sold Diners Club Korea to Daewoo Group, and after the acquisition by
Daewoo Daewoo ( ; ; ; ; literally "great universe" and a portmanteau of "''dae''" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and aut ...
Group, the parent company of
Daewoo Motors Daewoo Motors ( ) was a South Korean Automotive industry, automotive company established in 1937 as "National Motors". The company changed its name several times until 1982 when it became "Daewoo Motors" following its acquisition by the Daewoo, ...
, Diners Club Korea ran a successful business with sales of over 400 billion won. Diners Club Korea went through strict card issuance screening and solidified its position as a premium credit card in Korea. The number of Diners Club member stores increased more than tenfold, and the number of members reached hundreds of thousands, and the business was successful. However, Daewoo Group, which had acquired Diners Club, sold Diners Club Korea to
Hyundai Motor Company Hyundai Motor Company, often referred to as Hyundai Motors, ( ) and commonly known as Hyundai (), is a South Korean multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Seoul, South Korea, which ...
after experiencing financial difficulties and starting a workout. Later, Diners Club Korea's name was changed to Hyundai Card, and
Hyundai Motor Company Hyundai Motor Company, often referred to as Hyundai Motors, ( ) and commonly known as Hyundai (), is a South Korean multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Seoul, South Korea, which ...
began issuing
Visa Visa most commonly refers to: * Travel visa, a document that allows entry to a foreign country * Visa Inc., a US multinational financial and payment cards company ** Visa Debit card issued by the above company ** Visa Electron, a debit card ** Vi ...
and MasterCard credit cards other than Diners Club to start a credit card business in earnest. Hyundai Card continued to maintain the exclusive license of Diners Club, but stopped issuing the card and discontinued the license contract with Diners Club because there was no benefit compared to the license fee. As a result, Hyundai Card was able to issue
American Express American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Expr ...
cards and signed an exclusive license for American Express Card individual cards in Korea. Since then, Diners Club has signed a license contract with Korean credit card companies
BC Card BC Card () is a South Korean financial services company headquartered in Seoul. South Korea's largest payment processing company, it provides end-to-end payment services, primarily to financial institutions, as well as to local merchants through ...
and Woori Card to issue Diners Club cards in Korea. In addition, Diners Club, which previously used Hyundai Card's payment network, began using BC Card's payment network in 2018. BC Card is a credit card company established by various Korean banks such as
Citibank Korea Citibank Korea () is a South Korean subsidiary of Citigroup. Its core is the Korean-American Bank or KorAm Bank, founded in 1983 and acquired by Citi two decades later. Citibank Korea was named the worst bank in terms of consumer complaints by t ...
and
Woori Bank Woori Bank () is a Korean multinational bank headquartered in Seoul. It is one of the four largest domestic banks in South Korea and has a strong presence in commercial banking and corporate finance in South Korea. Tracing its roots to the Daeh ...
. Because it has contracts with almost all stores in Korea, Diners Club cards can be used at almost all stores and restaurants in Korea.


Nordic franchise

In the
Nordic countries The Nordic countries (also known as the Nordics or ''Norden''; ) are a geographical and cultural region in Northern Europe, as well as the Arctic Ocean, Arctic and Atlantic Ocean, North Atlantic oceans. It includes the sovereign states of Denm ...
, the long-time franchisee was SEB Kort AB, a subsidiary of the Swedish bank
Skandinaviska Enskilda Banken Skandinaviska Enskilda Banken AB (; lit. "Scandinavian Private Bank"), abbreviated SEB, is a Swedish bank headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Nor ...
. SEB Kort closed the service on May 31, 2019, citing increased competition and regulatory pressure in the Nordic payment card market, and the card is no longer issued in the Nordic countries.


North American franchise


MasterCard alliance

In 2004, Diners Club announced an agreement with Mastercard. Since 2004, all Diners Club cards issued in the United States and Canada (by Citibank until 2009, by BMO since) feature a Mastercard logo and 16-digit account number on the front and can be used wherever Mastercard is accepted. They are processed through the Mastercard network. As of October 2023, BMO is not accepting new applications for Diners Club cards, as improvements are being made to the application process, while existing card members continue to be served. Initially, cards from other countries continued to bear a 14-digit account number on the front, with the Mastercard logo on the back. However, since the takeover of Diners Club International by Discover Financial Services, international cards have had the Discover logo on the back and the Diners Club International network is part of the Discover network. Since then, the only connection between Diners Club in North America and Diners Club International is BMO's continuous licensed use of the Diners Club brands, including Carte Blanche, on Mastercard credit cards.


Carte Blanche

Carte Blanche began in 1958 when the
Hilton Hotels Hilton Hotels & Resorts (formerly known as Hilton Hotels) is a global brand of full-service hotels and resorts and the flagship brand of American multinational hospitality company Hilton Worldwide. The original company was founded by Conrad Hi ...
travel & entertainment card was renamed. Hilton sold Carte Blanche to
First National City Bank Citibank, N.A. ("N. A." stands for " National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. Citibank was founded in 1812 as City Bank of New York, and ...
in 1966. Regulatory challenges forced First National City Bank to sell Carte Blanche to
Avco Avco Corporation is a subsidiary of Textron, which operates Textron Systems Corporation and Lycoming. History The Aviation Corporation was formed on March 2, 1929, to prevent a takeover of CAM-24 airmail service operator Embry-Riddle Compa ...
in 1968. In 1978, Citicorp (parent company of First National City Bank which was renamed Citibank) reacquired Carte Blanche without regulatory opposition. The 1960s- and 1970s-era Carte Blanche cards were considered more prestigious worldwide than their competition, the
American Express American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Expr ...
and Diners Club cards, though its small cardmember base hindered its success. In 1981, Citicorp acquired the Diners Club card, and by the mid-1990s the Carte Blanche card was being phased out in favor of Diners Club. Parent company
Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...
was formed in 1998 with the merger of Citicorp and the Travelers Group. Citigroup issued a premium Diners Club card in 2000, naming it the Diners Club Carte Blanche card. It was an upper-level charge card on par with the American Express Platinum Card. The Carte Blanche card in North America, now a branded Mastercard issued by BMO under its Diners Club International brand license, carried a US$300 annual fee as of April 2015 and offers an extensive menu of perks.


enRoute

Diners Club expanded its customer base in
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
by acquiring the enRoute credit card from
Air Canada Air Canada is the flag carrier and the largest airline of Canada, by size and passengers carried. Air Canada is headquartered in the borough of Saint-Laurent in the city of Montreal. The airline, founded in 1937, provides scheduled and cha ...
in 1992. It marketed the card under the combined name for a period of time as the "Diners Club/enRoute Card". The enRoute business was valued at over $300 million at the time of acquisition.


Acquisition by BMO

In November 2009,
Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...
announced that Diners Club International's North American franchise had been sold to
Bank of Montreal The Bank of Montreal (, ), abbreviated as BMO (pronounced ), is a Canadian multinational Investment banking, investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank, making it Canada ...
(BMO). The deal gives BMO exclusive rights to issue Diners cards in the U.S. and Canada. At the time, BMO said the Diners Club fits well with its existing commercial card business, adding that, commercial cards are one of the fastest-growing segments in the credit card business.


New Zealand

In 2014,
The Warehouse Group The Warehouse Group (TWG) was established by Stephen Tindall in 1982 and is the largest retail group in operation in New Zealand. It is a corporate conglomerate that consists of The Warehouse, Warehouse Stationery and Noel Leeming. History Th ...
acquired the New Zealand Diners Club franchise from its Malaysian owners and subsequently launched The Warehouse Group Financial Services on said basis. The Warehouse Group subsequently closed Diners Club NZ in 2018.


Russia

In December 2010, Russian Standard Bank and Diners Club International entered into an agreement for settlement of transactions in Russia. Under the agreement, Russian Standard Bank would process settlement transactions of other banks acting as acquirers of Discover Financial Services and Diners Club International in Russia. On March 8, 2022, Discover Financial Services and Diners Club International suspended all operations in Russia due to the
Russian invasion of Ukraine On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thou ...
.


Slovenian franchise

In 2013, Tomaž Lovše, who owned Diners Club Slovenia, was one of three people investigated in Slovenia regarding unpaid debts that his franchise owed to merchants. In May, the Central Bank of Slovenia revoked Diners Club Slovenia's license for payment services, which meant 80,000 local members could not use their card. Diners Club International transferred the franchise to a subsidiary of Austria's
Erste Bank Erste Group Bank AG (shortened version Erste Group) is an Austrian financial service provider. It is one of the largest financial service providers in Central and Eastern Europe serving more than 16 million clients in over 2,000 branches in seven ...
group, Erste Card Club, and agreed to repay the franchise's debt to merchants. An Erste press release in August 2013 stated that Diners Club services were once again available in Slovenia.


Southeast Asia


Malaysia and Singapore

Diners Club launched its Malaysian and Singaporean franchises in 1960. Its Malaysian franchise was terminated in 2015. In December 2016, Diners Club International and 2C2P announced in a statement that the latter is a global provider of cards running on Discover Global Network and that it will increase the number of merchants who use the card in the region of South East Asia. In 2023, the Diners Club Singaporean franchise renamed itself to DCS Card Centre and broadened its business to become a "fintech with heritage" , as it aimed to become more than just an issuer of Diners Club cards in Singapore. In tandem with the rebranding, issued its first non-Diners Club credit cards, DCS Ultimate Platinum UnionPay Card, and its Mastercard counterpart of the same name. This effectively made it one of the only two Diners Club franchise companies to issue third-party payment network cards, the latter being Diners Club Ecuador.


the Philippines

On 8 October 1980, Diners Club entered into an exclusive franchise with
Security Bank Security Bank Corporation (SBC, ) is a universal bank in the Philippines. It was established on June 18, 1951, as Security Bank and Trust Company and was the first private and Filipino-controlled bank of the post-World War II period. Security ...
as exclusive franchisee of Diners Club in the Philippines through Security Diners International Corporation. In 2003, Security Diners International Corporation was renamed into SB Cards Corporation, as the bank diversified its product offering and entered into an agreement to carry Mastercard, alongside its Diners Club cards. Security Bank renewed its network participation agreement with Diners Club on 9 October 2013 which aimed to provide world class benefits of Diners Club in the Philippines through SBC. Turn of events suddenly changed the course of history in June 2016,
Security Bank Security Bank Corporation (SBC, ) is a universal bank in the Philippines. It was established on June 18, 1951, as Security Bank and Trust Company and was the first private and Filipino-controlled bank of the post-World War II period. Security ...
through its credit card division SB Cards Corporation sold Diners Club's exclusive rights in the Philippines to competitor and Philippines' leading banking conglomerate, BDO Unibank and in October of the same year, Diners Club International announced that they signed a deal with BDO Unibank to become the exclusive provider of the Diners Club in the Philippines. Security Bank at the time offered three tier cards: Blue (Classic), Platinum (named International), and Black (named Premiere). At present, BDO offers Platinum (International), and Black (Premiere) cards.


Spain

was founded in 1954 as the first credit card issuer in the country. In 2008,
Banco Santander Banco Santander S.A. trading as Santander Group ( , , ), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid. Additionally, Santander maintains a presence in most global financial centres ...
acquired 75% and AirPlus International the remaining 25% of Diners Club Spain. Banco Santander subsequently acquired AirPlus International's remaining stake in 2021.


Swiss, Austrian and German franchise

In a transaction that closed on August 6, 2010, Citibank sold the Swiss and German franchises to a private investment group headed by Anthony J. Helbling. The Austrian and German Diners Club cards are issued by the Austrian DC Bank AG, while the Swiss Diners Club cards are issued by Cornèr Banca SA.


Turkey

Diners Club was brought to Turkey by
Koç Holding Koç Holding A.Ş. () is a Turkish multinational industrial conglomerate headquartered in Istanbul, Turkey. It operates as the country's largest company, and the only to be listed on the Fortune Global 500 as of 2024. Koç Holding's contributio ...
for the first time in 1968 and been issued for a while. After a couple years without being distributed in Turkey, it was brought back to the country in 2016 by Alternatif Bank and as of September 2023, it is still being distributed by Alternatif Bank. Since 2019, the Diners Club cards in Turkey are being issued co-branded with
TROY Troy (/; ; ) or Ilion (; ) was an ancient city located in present-day Hisarlik, Turkey. It is best known as the setting for the Greek mythology, Greek myth of the Trojan War. The archaeological site is open to the public as a tourist destina ...
within a card reciprocal agreement, thus the acceptance of Diners Club and Discovery cards throughout Turkey has been increased to full coverage. This agreement also provides TROY cards to be accepted on Discover/Diners Club network worldwide.


United Arab Emirates

Diners Club UAE, Egypt, Lebanon and Jordan is owned and operated by the Network International subsidiary of Emirates NBD Bank.


United Kingdom and Ireland franchise

On August 7, 2012, Citigroup announced the sale of its Diners Club franchise in the United Kingdom and Ireland to Affiniture Cards, a private investor group.


Venezuela

Mercantil Banco is the sole franchisee of Diners Club in Venezuela since 1968.


Vietnam

On January 23, 2018, it was announced that
Vietinbank The Vietnam Joint Stock Commercial Bank for Industry and Trade (), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management. ...
had entered into a partnership with Diners Club International to be the exclusive issuer of Diners Club cards (both standard and contactless) in Vietnam.


Business development and contracts


Australian government travel services

In 2012 as part of a financial reform program started the previous year to address government spending by public servants, the Australian government appointed Diners Club as the sole provider of credit cards for government travel services. Under the arrangement, Diners Club provided charge cards as travel cards to public servants (e.g. Defence Travel Card). Diners Club was also to supply an updated Expense Management System (EMS), to government agencies without one, or who wanted to upgrade their existing system. The new EMS would provide "timely, accurate and reliable” transactional data feeds for all card expenditure to agency finance or expense systems, allowing them to understand the nature of their travel expenditure, due to the “comprehensive data” that would be provided through the system from travel supplies. Diners Club provided Diners Club Travel Cards to government public servants with a companion Mastercard to increase the number of locations that accepted the card, to reduce cash advance withdrawals of travels allowances. After the Diners Club withdrawal from the Australian market, most government departments have adopted Visa for their card transactions.


Sponsorships

Diners Club International sponsored the Diners Club Arena in Rapperswil, Switzerland from 2005 until 2016.


In popular culture

In 1963, the film '' The Man from the Diners' Club'' was released, and the
Ideal Toy Company Ideal Toy Company was an American toy company founded by Morris Michtom and his wife, Rose. During the post–World War II baby boom era, Ideal became the largest doll-making company in the United States. Their most popular dolls included Betsy ...
created the board game titled ''The Diners' Club Credit Card Game''. In 1967, the film '' How to Succeed in Business Without Really Trying'' was released, incorporating the song ''Brotherhood of Man'' including the lyrics, "And other men may carry cards, as members of the Diners". The Australian band Client Liaison feature Diners Club cards and logos in several of their retro-themed music videos. In season 4 episode 4 of ''
The Office ''The Office'' is the title of several mockumentary sitcoms based on a British series originally created by Ricky Gervais and Stephen Merchant as '' The Office'' in 2001. The original series also starred Gervais as manager and primary charac ...
'', Dwight runs a bed and breakfast, and tells Jim and Pam that he takes only Mastercard and Diners Club. In the movie '' Planes, Trains and Automobiles'' Del rents the car using Neil's Diners Club card. The card is shown melted on a motel front desk.


See also

* Diners Club Arena * Hyundai Card *
American Express American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Expr ...
*
Rupay RuPay (portmanteau of Rupee and Payment) is an Indian multinational financial services and payment service system, conceived and owned by the National Payments Corporation of India (NPCI). It was launched in 2012, to fulfil the Reserve Bank ...
* Mastercard *
Visa Visa most commonly refers to: * Travel visa, a document that allows entry to a foreign country * Visa Inc., a US multinational financial and payment cards company ** Visa Debit card issued by the above company ** Visa Electron, a debit card ** Vi ...


References


External links


Diners Club InternationalDiners Club USADiners Club CanadaDiscover gets antitrust OK for Diners Club buy, Reuters
{{authority control Discover Financial Credit cards Credit card issuer associations Payment cards Financial services companies established in 1950 1950 establishments in Illinois Riverwoods, Illinois Companies based in Lake County, Illinois Citigroup 1981 mergers and acquisitions 2008 mergers and acquisitions Credit cards in the United States Dining clubs