Elavon, a wholly-owned subsidiary of US Bancorp and a global payments provider, has acquired Citibank’s Diners Club Card merchant-location portfolio in Western Europe, representing more than 75,000 merchants.
Elavon has said that it will perform processing, funding and customer support for merchants that accept Diners Club International cards in the UK, Ireland, France, Benelux, Switzerland and Germany. Merchants will have the option to consolidate their payments acceptance by utilising Elavon as a single-source provider for other credit and debit card transactions, eliminating the need for merchants to maintain separate processing relationships.
Stuart Harvey, CEO of Elavon, said: “We look forward to extending Elavon’s robust and secure international processing platform and outstanding customer service to the many Diners Club accepting merchants across Europe. Adding Diners Club processing capabilities further underscores our value proposition as one reliable source for merchants.”
