News

First Data, SBI Card partnership to support cashless India

January 26, 2018

First Data has expanded its partnership with SBI Card, a leading credit card issuer in India with more than 5.6 million customers.

Under the new multiyear agreement, First Data will provide comprehensive card management solutions powered by its proprietary VisionPlus software. To support the partnership, First Data will operate a new data center facility in India, the company said in a press release

SBI Card will leverage the First Data VisionPlus system, a global software payment solution that offers service-oriented core architecture capabilities and open APIs for quicker application, development and integration.

"We are pleased to appoint First Data as our new partner to provide end-to-end processing services hosted in India. First Data will set up and manage new data center facilities in India to provide card management solutions," SBI Card CEO Vijay Jasuja said in the release. "These services from First Data will enable us to get better economies of scale and enhance services levels. We will also leverage new digital capabilities from First Data in the future. We look forward to a long-term association with First Data."