Diners card with chip?
Aug 16, 2014, 12:30 am
#1
Original Poster
Join Date: Jan 2012
Location: Koala Lemur
Programs: SK EBD LTG (*G)
Posts: 2,447
Diners card with chip?
I noticed that the visualization of the DC card in the diners system has a chip on it, and the card has a 16 digit number (both would be really welcomed improvements!). I wonder whether this is just a lousy graphic work, or indeed changes are coming.
Aug 16, 2014, 5:28 am
#4
Join Date: Feb 2013
Posts: 302
Not being able to pay with my old DC Card at the SofitelSo Bangkok they exchanged mine around June for a new one with chip.
This week i received an newsletter officially introducing the EMV-Chip:
- all cards which get renewed after expiring will be with EMV-Chip.
- advance change possible for €10 / around USD 14
More (not really) Infos here http://www.dinersclub-newsletter.at/archiv.php?n=1518
This week i received an newsletter officially introducing the EMV-Chip:
- all cards which get renewed after expiring will be with EMV-Chip.
- advance change possible for €10 / around USD 14
More (not really) Infos here http://www.dinersclub-newsletter.at/archiv.php?n=1518
Aug 16, 2014, 6:40 am
#5
Original Poster
Join Date: Jan 2012
Location: Koala Lemur
Programs: SK EBD LTG (*G)
Posts: 2,447
Does this also hold for Scandinavian Diners? Too bad, I just got mine renewed, but I really welcome Diners starting to look more like ay other card. More and more often I see operators that do not know what to do with a card without a chip, and I also see websites that say that they accept Diners, but the validation rule for credit card number requires 16 digits ...
Aug 17, 2014, 2:35 am
#6
Join Date: Jan 2010
Location: CPH
Programs: SK *G, HH S
Posts: 23
in 2015 Chip embedded cards will be mandatory in the US (should have been already 1 year back, but postponed), so expect that all cards issued as of 2015 will be chip embedded. It is a problem already for US issued cards and customers that they can't always be sure to use their cards outside US.
Three months old now.
Aug 19, 2014, 7:31 am
#12
Join Date: Sep 2012
Location: AGH
Posts: 5,979
I would bet the chip won't change anything.
The problem with Diners and AMEX are that it costs the merchant lot more than Master/Visa. Diners even more than AMEX.
Current cost for the merchant per transaction:
Master/Visa: 0,83%
AMEX: 1.75%
Diners: 2.09%
While AMEX and Master/Visa have steadily decreased the merchant fees to raise acceptence, Diners kept their fees quite high:
That explains why AMEX and Diners can afford to credit double the amount of points on purchases 
The problem with Diners and AMEX are that it costs the merchant lot more than Master/Visa. Diners even more than AMEX.
Current cost for the merchant per transaction:
Master/Visa: 0,83%
AMEX: 1.75%
Diners: 2.09%
While AMEX and Master/Visa have steadily decreased the merchant fees to raise acceptence, Diners kept their fees quite high:
Code:
Master
Visa Amex Diners
Mar-2003 1.45 2.51 2.36
Mar-2004 1.08 2.48 2.32
Mar-2005 0.99 2.39 2.30
Mar-2006 0.96 2.27 2.25
Mar-2007 0.92 2.19 2.16
Mar-2008 0.86 2.13 2.13
Mar-2009 0.88 2.01 2.07
Mar-2010 0.87 1.94 2.13
Mar-2011 0.86 1.89 2.10
Mar-2012 0.86 1.84 2.10
Mar-2013 0.83 1.80 2.05
Mar-2014 0.83 1.72 2.01
Jun-2014 0.83 1.75 2.09
Aug 20, 2014, 3:01 am
#13
FlyerTalk Evangelist
Join Date: Aug 2010
Location: CPH
Programs: UAMP S, TK M&S E (*G), Marriott LTP, IHG P, SK EBG
Posts: 11,095
That could also explain why there is no EBAmex in Denmark. I don't even know why there is still Diners in Denmark (I thought now Diners are Discovery?)
A bit OT but anyone got a Visa from Nykredit that gives EB points? Mr. tried to get one but they insisted that he has to move his loenkonto there to even be able to qualify for a card. We used to use Nykredit but then we changed because of the account fees. Please let me know if you get a nykredit visa without having a bank account there. TIA.
A bit OT but anyone got a Visa from Nykredit that gives EB points? Mr. tried to get one but they insisted that he has to move his loenkonto there to even be able to qualify for a card. We used to use Nykredit but then we changed because of the account fees. Please let me know if you get a nykredit visa without having a bank account there. TIA.