Teller AS has entered into a new agreement with EDB Business Partner for software and operating services for its card operations.
The agreement is an extension of Teller's existing contract with EDB, and runs for 1.5 years. The new agreement represents business volume of around NOK 30 million.
The agreement provides for EDB to continue to provide services and solutions for collecting and processing card transactions, MultiAcquiring, and for Teller's archive system. EDB will also continue to be responsible for the continuing development and operation of Teller's core system. The contract also includes the supply of network solutions and new security solutions for smartcards (EMV).
"We are very pleased to continue our long-standing collaboration with Teller. This agreement confirms EDB's position as a leading player in the card area with our up-to-date, flexible solutions and extensive expertise," comments Ole Urdahl, Executive Vice President - Solutions at EDB.