Source: First Data
First Data International, a global leader in electronic commerce and payment solutions, was selected to handle credit card processing for Dresdner-Cetelem Kreditbank GmbH, a specialist consumer finance company providing consumer credit and innovative credit card solutions to retail businesses.
Dresdner-Cetelem Kreditbank sought a high-performance, innovative payments provider capable of supporting its business growth. The company's Managing Director, Gerd Hornbergs, comments: "In First Data, we have found a high-quality partner that will actively support our business model in Germany. First Data's processing competence, and the scope of its services, will ensure a smooth migration and support the targeted expansion of our card portfolio."
At First Data, the decision is seen as a powerful endorsement of the company's service quality, client focus and track record in support of Cetelem's businesses in Germany, Spain, Romania, Slovakia and China. "We are pleased to extend our existing relationship with Cetelem into Germany, supporting the company's growth strategy in the important German market", says Ernst Verbeek, vice president with responsibility for First Data's operations in Germany.