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Deutsche Bank extends GZS transaction processing contract

09 January 2003  |  2620 views  |  0 Deutsche Bank extends GZS transaction processing contract

Deutsche Bank has extended its payment processing services contract with Germany's Gesellschaft für Zahlungssysteme (GZS) through to 2006.

Under the agreement, GZS will continue to provide the bank with credit card and cross-border debit processing.

Laurenz Kohlleppel, chairman, GZS management board, says: "Our policies of continually renewing our processing platforms and offering offering economies of scale provides our clients with the right mixture of products."
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