07.03.2006 15:01:00
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First Data International Selected by Credisson
Credisson International is a leader in the Romanian consumercredit market, with a 20 percent market share. First DataInternational will provide an extensive range of card production,personalization, authorization and processing services for Credisson,as well as call center services, risk monitoring, dispute managementand POS terminal account handling services.
Credisson International was acquired in May 2005 by the CetelemGroup, the consumer credit division of BNP Paribas. During its threeyears in the consumer credit field in Romania, Credisson has grantedfinancing at the point of sale to over 750,000 customers, with totalsales exceeding 300 million euros. Credisson has a staff of 800 andruns a network of 460 point of sale outlets in over 60 towns andcities across the country.
Daniel Boaje, vice president and COO of Credisson, said: "We havechosen First Data for the quality of their technical support and thecompany's local presence in Romania. Their commitment to offering afull range of services in the local market was very important for us."
Stefan Klestil, senior vice president and head of First Data'soperations in Central Europe, considers this new co-operation a greatsuccess for the company. "Central Europe is a key focus for our growthin Europe," he said. "I am especially proud that our new office inBucharest was able to leverage our operations and delivery capabilityacross the region to the benefit of such an important multinationalclient."
About First Data International
First Data International, part of First Data Corp. (NYSE: FDC), isa leading provider of electronic commerce and payment solutions forfinancial institutions and merchants around the world. First DataInternational serves a diverse range of markets, leveraging globalscale through a local presence and maintaining focus on individualclient needs. It has more than 5,800 employees and operates acrossEurope, Middle East and Africa, Latin America, Canada, Australia,Asia-pacific.
First Data serves 4.6 million merchant locations, 1,500 cardissuers and millions of consumers, First Data powers the globaleconomy by making it easy, fast and secure for people and businessesaround the world to buy goods and services using virtually any form ofpayment. The company's portfolio of services and solutions includescredit, debit, private-label, smart and stored-value card issuing andmerchant transaction processing services; money transfer services;money orders; fraud protection and authentication solutions; checkguarantee and verification services through TeleCheck; as well asInternet commerce and mobile solutions. Western Union, together withOrlandi Valuta and Vigo, make up one of the world's largest moneytransfer networks with more than 271,000 Agent locations in more than200 countries and territories. For more information, visitwww.firstdata.com.
About Credisson International
Credisson International SRL is a leader in the Romanian consumercredit market, with a market share of 20%. The company's shares wereacquired in May 2005 by Cetelem, a subsidiary of the BNP Paribasgroup, the number one provider of consumer credit in France andcontinental Europe.
During its three years of activity in the consumer credit field,Credisson has granted financing at the point of sale to over 750,000customers, with its total sales exceeding 300 million euros. Credissonhas a staff of 800 and runs a network of 460 point of sale outlets inover 60 Romanian towns.
Credisson aims to accelerate development and continuously widenits portfolio of partners and financial services by capitalizing onCetelem's operational, technological and financial support.
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