First Data International, a leader in electronic commerce and payment services around the world, announced today that Credisson International has chosen First Data to provide a full range of processing services in support of the company's MasterCard card portfolio.
Credisson International is a leader in the Romanian consumer credit market, with a 20 percent market share. First Data International will provide an extensive range of card production, personalization, authorisation and processing services for Credisson, as well as call centre services, risk monitoring, dispute management and POS terminal account handling services.
Credisson International was acquired in May 2005 by the Cetelem Group, the consumer credit division of BNP Paribas. During its three years in the consumer credit field in Romania, Credisson has granted financing at the point of sale to over 750,000 customers, with total sales exceeding 300 million euros. Credisson has a staff of 800 and runs a network of 460 point of sale outlets in over 60 towns and cities across the country.
Daniel Boaje, vice-president and COO of Credisson said: "We have chosen First Data for the quality of their technical support and the company's local presence in Romania. Their commitment to offering a full range of services in the local market was very important for us."
Stefan Klestil, senior vice president and head of First Data's operations in Central Europe, considers this new co-operation a great success for the company. "Central Europe is a key focus for our growth in Europe," he said. "I am especially proud that our new office in Bucharest was able to leverage our operations and delivery capability across the region to the benefit of such an important multinational client."