“Atos Origin banks on continuity”
Paris Frankfurt/Main – November 24, 2004
Cooperation with B+S Card Service is consolidated – Customer extend contract
Atos Worldline, an Atos Origin company, is banking on continuity for its customer relations: the group confirms the extension of the acquiring processing service contract for B+S Card Service GmbH, one of the leading service providers of the German card world. In order to offer B+S Card Service advantages in terms of competition and cost in their Europe-wide business activities, the terms of the contract have furthermore been expanded to include the “Foreign currency clearing” service.
Atos Worldline today provides B+S Card Service with a clearing settlement in Swiss francs for all payment transactions with MasterCard and Visa and calculates transactions that are not made in euros directly into the original currency. Losses due to currency fluctuations can thus be avoided. In addition, transactions in other currencies can also be processed and paid off in the original currency by B+S Card Service using the “multi-currency function” of Atos Worldline systems.
Moreover, the two companies are planning to extend their cooperation into the e-payment field. Through a joint effort, they are currently studying ways to use the technical solutions offered by Atos Worldline together on the market.
The business relationship between Atos Worldline and the card service provider B+S Card Service, which is responsible for merchants accepting credit and payment cards in Germany and its European neighbours, has been running for six years now.
Erik Munk Koefoed, Atos Worldline vice-president, comments: “Working together as partners over the longer term is very important for us strategically. It is the only way in which we can grow with our customers, face risks together and successfully expand into new areas of business.”
Klaus Naumann, Managing Director of B+S Card Service GmbH, added: “We are glad that Atos Worldline not only is in the position to process the merchant processing for POS card transactions in different currencies but also to offer to us in such currencies a clearing and settlement service with the card organisations.”
About B+S Card Service GmbH
B+S Card Service GmbH, Frankfurt/Main, is one of the leading card payment service providers. The company offers to the merchants authorization and processing services for credit, payment and loyalty cards. B+S Card Service provides innovative POS terminals and software for the secure and technical handling of card payments at the cash desk or via internet. More than 180.000 merchants already use this service. More information: www.bs-card-service.com.
About Atos Origin
Atos Origin is an international information technology (IT) services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are more than EUR 5 billion and it employs 45,000 people in 50 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and its clients include ABN AMRO, Akzo Nobel, Alstom, BNP Paribas, Ericsson, EDF, Euronext, Fiat, France Telecom, ING, KPN, Philips, Renault, Royal Bank of Scotland, Saudi Aramco, Schlumberger, Shell, Standard Chartered Bank,Telecom Italia, UK Department for Work and Pensions, Unilever, Vivendi Universal and Vodafone.
Atos Origin is quoted on the Paris Euronext Premier Marché and trades as Atos Origin, AtosEuronext, Atos Worldline, Atos Consulting.
Atos Worldline is an Atos Origin company : a leading European provider in IT-related Business Process Outsourcing, dedicated to services and solutions covering the whole process of payment and information flows. With 2,500 staff in France, Germany, Austria and the United Kingdom, Atos Worldline generated an annual revenue of around €400 millions in 2003, through 3 core activities : Payment and Card Processing services - CRM services - and Multi Channel Contact (Internet and Voice services). www.atosworldline.com
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