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SchlumbergerSema inks card payments deal with China's Bank of Communication

02 July 2003  |  5607 views  |  0 SchlumbergerSema inks card payments deal with China's Bank of Communication

SchlumbergerSema has won a contract with China's Bank of Communication to develop and deploy an advanced card payments solution based on its Essentis and CardLinK applications.

Under the contract, SchlumbergerSema will provide the bank with business process consulting and project planning as well as implementation and support services for its card management solution Essentis and processing software CardLinK.

A senior bank official comments: "With SchlumbergerSema, BOCOM can achieve a dramatic improvement in key activities such as those associated with acquiring new merchant partners and credit card holders, issuing new cards and promoting provider-side and merchant-side transparency."

The bank adds that it is looking to increase its credit card business and introduce new value-added products and services as a result of this agreement.

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