Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that it will provide the swift and seamless migration of Barclaycard Germany's entire portfolio representing more than 40 credit and in addition three debit products.
Under this multi-year agreement, Gemalto will provide the bank with a complete end-to-end solution encompassing personalization, and fulfillment from its local service center in Germany.
Barclaycard is part of the global Barclays banking group and this new contract further extends Gemalto's partnership with one of the world's leading payment service providers. Barclaycard has an impressive track record for innovation and an ambitious roadmap for the development of new products and services. Gemalto will provide extensive support for value added services, including the deployment of contactless payment technology.
"Gemalto is a preferred partner for the Barclays Group and we are confident that Gemalto will provide us good support for our growth aspirations in the German market," said Tim Martens, Head of Business Development for Barclaycard Germany. "There is a strong belief across all functions that we will benefit from the international experience and the global service model as well."
"Migrating their full card portfolio to Gemalto demonstrates the confidence Barclaycard Germany has in our banking solutions," said Christoph Siegelin, Vice President of Sales for Financial Services & Retail at Gemalto. "Just as Barclaycard UK has done for many years, the German office is trusting Gemalto to deliver the benefits of EMV-protected payment to their customers."