24 February 2018
Visit www.capgemini.com/worldreports

Bank Zachodni live with Card Tech instalments module

19 February 2004  |  2683 views  |  0 Bank Zachodni live with Card Tech instalments module

Poland's Bank Zachodni has gone live with Card Tech Limited's (CTL) card-based Instalments module, which is running on the vendor's card and merchant management platform, Prime.

The system will enable customers to request instalment loans from the bank after making card purchases, and allow them to combine multiple transactions into one loan.

Bank Zachodni, which is Poland's third largest credit card issuer, says it wanted to give customers an easy way to use consumer credit for large ticket items they would not ordinarily purchase with their cards.

Joanna Pienkowska, credit cards manager, Bank Zachodni, adds: "The instalments offering will increase our transaction volume and value, differentiate us from our competitors and strengthen customer loyalty."

Edith Kessler-Charalambous, global account manager, CTL, says the vendor has been supporting instalments products for a decade in markets as diverse as Africa, Asia, Europe and the Middle East: "We have seen the instalments concept take root in a number of markets because of the need to fill the inherent gap between debit and revolving credit programmes."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Luottokunta licenses Card Tech's Fraudguard

Luottokunta licenses Card Tech's Fraudguard

20 January 2004  |  5071 views  |  0 comments
Brief: Capital One Bank live with CTL's Prime and Fraudguard

Brief: Capital One Bank live with CTL's Prime and Fraudguard

20 August 2003  |  3163 views  |  0 comments
Bank Zachodni WBK upgrades to EMV with Nomad

Bank Zachodni WBK upgrades to EMV with Nomad

02 July 2003  |  3409 views  |  0 comments
Mediterranean Smart Card Company licenses CTL's Prime and Online

Mediterranean Smart Card Company licenses CTL's Prime and Online

11 June 2003  |  4459 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comVisit www.vasco.comVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11676 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10291 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8453 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
7989 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7700 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job