New Diner's Club / MasterCard rules

This information came from a merchant service provider, and indicates that a new rule resulting from a Diner's Club alliance with Master card may require some changes in merchant service or equipment.  If you're using the X-Charge software and CAM Commerce merchant provider, you're already compliant.  Otherwise, you might want to check into this:

"After November 30, 2005, if acceptance of a Diners club card with the MasterCard logo on the back is denied, potential fines of $1,000 or more per month per location could be imposed. Even if you don't accept Diners Club now you will be required to accept the new MasterCard. Since this will require most merchants to purchase new credit card terminals now is a great time to look at a software based system that cost much less and doesn't require you to ever upgrade your hardware.

MasterCard International entered into an alliance with Diners Club International in 2004 that affects card acceptance across North America. Together, they are making it easier for Diners Club card members to use their cards at MasterCard merchant locations. This means that MasterCard merchants can now accept Diners Club cards.

North American Diners Club cards (cards issued in Canada and the United States) are now being re-issued with both the MasterCard and Diners Club brands on the front of the card. The card re-issuance started in November 2004 and is planned to complete in the third quarter of 2005.

These new cards now function as a MasterCard so they authorize and settle as MasterCard and MasterCard rates apply. The transactions report as MasterCard on the terminal and on the merchant statement. As a result, you will notice a shift in transaction volume to MasterCard as these new Diners Club cards now process as MasterCard transactions."

X-Charge is already fully equipped to handle this change, so X-Charge users will experience no interruptions to daily business, no fines, no new hardware requirements, etc....  If you're not using X-Charge and your current merchant service requires you to purchase new terminals, you should look into using X-Charge instead.  For more information, refer to this web page:

http://Campground-Master.com/creditcards.html