Overview

Erste Card Club Collecting Diners Claims

Business,  23 Jul 2013  / By STA, T. M.

Erste Card Club, the new owner of the Diners Club charge card license in Slovenia, is preparing to start repaying the debt of Diners Club Slovenija as part of efforts to relaunch the card in Slovenia.

The firm is still awaiting am operating license from central bank Banka Slovenije, which would allow it to resume charge card services after Diners Club Slovenija was stripped of the license in mid-May, leaving 80,000 cardholders unable to use their cards
The firm is still awaiting am operating license from central bank Banka Slovenije, which would allow it to resume charge card services after Diners Club Slovenija was stripped of the license in mid-May, leaving 80,000 cardholders unable to use their cards

The subsidiary of the Austrian Erste bank group said it was collecting claim forms from retailers in order to begin the repayment process.

The retailers have been asked to fill out the forms and sign an agreement with Erste Card Club on a continuation of cooperation for one year as the new Diners Club franchise holder in Slovenia seeks to relaunch payment services.

In line with the agreement, the debt of Diners Club Slovenije and its subsidiary DC Finance will be repaid without interest by Diners Club International. Financing is to be provided by UniCredit Banka Slovenija and Hypo Alpe Adria Bank, Erste Card Club said.

Erste Card Club general manager Željko Menalo also pledged to ensure timely payment of claims once the firm relaunches Diners Club services in Slovenia.

The firm is still awaiting am operating license from central bank Banka Slovenije, which would allow it to resume charge card services after Diners Club Slovenija was stripped of the license in mid-May, leaving 80,000 cardholders unable to use their cards.

Deputy chairman of the Erste Card Club management board Marija Radonić told the daily Delo recently that all existing cardholders would be offered a new card under the same conditions as with Diners Club Slovenije.

The company has also promised to repay a proportionate share of the membership fee to its members while also offering the new card free of charge for the first year.

Tags: Slovenia, Diners Club, Erste Card Club, Austria, DC Finance, credit cards, croatia, claims, Retail


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