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Home Is Diners Club a payment network?
29 Sep 2023 By PAYCEC
Yes, Diners Club is a payment network. It operates as a global payment network that facilitates transactions between merchants and cardholders who hold Diners Club credit cards.
Diners Club provides the infrastructure and technology that enables cardholders to make purchases at various merchant locations and online retailers. It processes these transactions, authorizes payments, and settles funds between the merchant and the cardholder's account.
Please note that it is a payment network, not a payment gateway. In essence, the payment network is the backbone of the payment system, while the payment gateway is the bridge that enables merchants to interact with that network.
Diners Club is a financial service that offers various benefits, including expense management tools, travel perks, and rewards programs. In other words, the Diners Club payment gateway does not exist.
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