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.

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Deutsche Bank extends GZS transaction processing contract

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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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