News

First Data, Commerzbank extend partnership until 2015

Friday 16 April 2010 11:47 CET | News

US e-commerce and payment processing company First Data and German financial institution Commerzbank have concurred in extending the duration of their debit processing agreement.

Under the terms of the renewed agreement, First Data will continue to provide technical processing for cross-border Maestro transactions for Commerzbank until 2015.

First Data provides electronic commerce and payment services for merchants, financial institutions and card issuers globally and has operations in 36 countries, serving over 5.3 million merchant locations and over 2,000 card issuers and their customers.
 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: First Data, Commerzbank, Maestro transaction processing, debit cards, cards
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce