For those that were around in the 50’s and 60’s, I’m sure you remember the Diner’s Club card – a charge card which was started for a network of restaurants and other travel related services in New York City. Eventually, Diner’s Club International expanded to nations all across the globe, including Diners Club Ecuador.
Diners Club in the United States eventually floundered after American Express, Visa, and MasterCard entered the credit card market. Citigroup eventually took over the company and piggybacked it onto their MasterCard payment network in the US instead of keeping it as a stand alone. However last year Discover Financial Services acquired Diners Club network for only $165 million – a low price in today’s world of multi-billion dollar mergers and acquisitions. You can still open a Diners Club in America, but currently there are no [public] plans to try and revamp the card as a major player here. One of the reasons for this is that the charge card is still flourishing overseas, like the Ecuador Diners Club.
Diner’s Club Ecuador is still a well-known and common card payment method in the country. Whether you are at Quito International Airport, a restaurant in Guayaquil, or a hotel in Manta, there’s a good chance that your Diners Club del Ecuador will be accepted.
Read more about Diners Club history.