Discover Global Network vs. Diners Club International
Choosing a payment processing technology provider can be a daunting task, especially when you have numerous options to choose from. However, Discover Global Network and Diners Club International are two payment technology giants that have stood the test of time. In this blog post, we will provide factual, unbiased comparisons between these two payment providers so that you can make informed decisions.
Global Presence
One of the most critical factors when choosing a payment processor is its global reach. Discover Global Network operates in over 190 countries, making it an ideal choice for businesses that have a broad international customer base. On the other hand, Diners Club International operates in 59 countries, which is relatively limited compared to Discover.
Merchant Acceptance
Discover Global Network operates on a partnership model, making it available in millions of merchant locations worldwide. In contrast, Diners Club International has a limited merchant acceptance network, primarily focusing on high-end retailers and travel-related businesses.
Card Features
Discover Global Network and Diners Club International have a few differentiators when it comes to card features. Discover offers cashback rewards on every purchase, access to exclusive discounts, and roadside assistance. In comparison, Diners Club International provides access to over 800 airport lounges worldwide and various travel-related insurance coverages.
Fees and Charges
When it comes to payment processing fees, Discover Global Network charges approximately 1.5% to 2.5% per transaction. In contrast, Diners Club International charges a relatively higher fee of 2.9% to 3.7% per transaction, making Discover a more cost-effective option.
Conclusion
Discover Global Network and Diners Club International both offer great benefits depending on your business's specific requirement. However, Discover Global Network's extensive global reach, partner model, and more cost-effective pricing structure make it a terrific choice for most businesses.
When considering payment processing technology providers, it's essential to compare and contrast each provider's key features to select the best for your business. The more informed you are about the provider's pros and cons, the better you'll be able to make an educated decision.
References
- Discover Global Network (2021). Discover Global Network. Retrieved from https://www.discovernetwork.com/en-us
- Diners Club International (2021). Diners Club International. Retrieved from https://www.dinersclub.com/