Brief: Chase extends FDC credit card license

US payment provider First Data Corp. has signed a seven year extension to its credit card processing agreement with Chase Manhattan Bank.

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Brief: Chase extends FDC credit card license

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The extended contract, which was originally signed in 1996, will now expire in 2010.

In a seperate agreement the bank has added plastic card services, such as embossing and mailing, to the FDC remit.

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