HDFC Bank has tied up with Diners Club International to issue Diners Club International credit cards in India. The bank will also provide merchant acquiring services, thereby creating more acceptance opportunities for the Diners Club brand in India, said a press release issued by the bank.
This alliance will help HDFC Bank to further extend its foray into the super premium segment.
HDFC Bank and its customers will benefit from the international network provided by Diners Club International, as well as access to millions of merchant locations and more than 800,000 cash access locations and ATMs, said Mr Rajive Chadha, President of Diners Club International, a subsidiary of Discover.