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FIRST DATA INTERNATIONAL SELECTED BY
DRESDNER-CETELEM KREDITBANK GMBH
Consumer Credit Specialist Migrates Credit Card Processing to First Data

 

Bad Vilbel, 17 September 2007 

First Data International, a global leader in electronic commerce and payment solutions, was selected to handle credit card processing for Dresdner-Cetelem Kreditbank GmbH, a specialist consumer finance company providing consumer credit and innovative credit card solutions to retail businesses.

Dresdner-Cetelem Kreditbank sought a high-performance, innovative payments provider capable of supporting its business growth. The company’s Managing Director, Gerd Hornbergs, comments:” In First Data, we have found a high-quality partner that will actively support our business model in Germany. First Data’s processing competence, and the scope of its services, will ensure a smooth migration and support the targeted expansion of our card portfolio.”

At First Data, the decision is seen as a powerful endorsement of the company’s service quality, client focus and track record in support of Cetelem’s businesses in Germany, Spain, Romania, Slovakia and China. “We are pleased to extend our existing relationship with Cetelem into Germany, supporting the company’s growth strategy in the important German market”, says Ernst Verbeek, vice president with responsibility for First Data’s operations in Germany.

 

About First Data International

First Data International, part of First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. First Data International serves a diverse range of markets, leveraging global scale through a local presence and maintaining focus on individual client needs. The company has more than 8,100 employees and operates across Europe, Middle East and Africa, Latin America, Canada, Australia and Asia-Pacific.

Serving over 5 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.


About Dresdner-Cetelem Kreditbank GmbH

Dresdner-Cetelem Kreditbank GmbH is a joint venture of Cetelem SA, a subsidiary of the French BNP Paribas Group, and Dresdner Bank AG. As specialised financial service provider for the retail business, the bank offers flexible instalment credits and innovative credit card solutions aiming at strengthening customer retention and turnover.


For further information:

Andrea Pansegrau
First Data International
Phone.: +49 69 7933 1686
Email: andrea.pansegrau@firstdata.de

Alexander Zang
Business Communications Consulting
Phone: +49 69 900 28 88-11
Email: zang@bcc-ffm.de

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