News

First Data selected by Romanian company for processing services

March 8, 2006

BUCHAREST, Romania - First Data International, part of First Data Corp. announced in a news release that Credisson International will use First Data to provide a full range of processing services to support the company's MasterCard card portfolio.

Credisson, which the Cetelem Group acquired in May 2005, holds a 20 percent share of the consumer credit market in Romania. First Data International will provide an extensive range of card production, personalization, authorization and processing services for Credisson, as well as call center services, risk monitoring, dispute management and POS terminal account handling services.

"Central Europe is a key focus for our growth in Europe," said Stefan Klestil, senior vice president and head of First Data's operations in Central Europe. "I am especially proud that our new office in Bucharest was able to leverage our operations and delivery capability across the region to the benefit of such an important multinational client."