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Diners Club International Ltd., a business unit of Discover, and Elavon, a wholly-owned subsidiary of U.S. Bancorp, have announced the signing of a merchant acquiring agreement. Under the terms of the agreement, Elavon will add Diners Club card acceptance to its portfolio of payment processing services. This relationship will create more acceptance opportunities for Diners Club and Discover cardmembers, who eventually will be able to use their cards at Elavon merchants in the U.K. and western Europe.
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