“Atos Origin and MasterCard: Partners in purchasing card transaction management”
Paris, 1 December 2005
Atos Origin and MasterCard Europe have entered into a partnership to help their French banks customers handle the sharp growth in purchasing cards. From the end of 2005, the Atos Worldline platform will integrate the processing of MasterCard purchasing card transactions in France.
As operator of the purchasing card e-banking platform since 1996, Atos Worldline took over full running of the service in 2004 and developed a new purchasing card platform for 4 leading French banks using its Worldline Pay card management software and its offer of paperless processing of invoices, Worldline Invoice. Atos Worldline has regularly added major improvements to its platform to enable its banks clients to benefit from a service that is always as closely as possible in tune with their customers' expectations.
Pascal Dehaussy, banking, finance and insurance manager at Atos Worldline said, “This partnership will allow Atos Worldline to enter a new strategic stage, opening its processing platform up to MasterCard transactions. With this enhancement to its solution, Atos Worldline now offers the only system on the market that provides interoperability between the buyer's and supplier's banks.”
This platform is made available to banks on a turnkey basis and consists of a shared central core on which each bank can develop its own customised offer. Its extension to include MasterCard purchasing card is a major development for the banks clients. It allows them to provide a diversified offer and benefit from a unique competitive advantage by also offering access to the tailored solution MasterCard Smart Data OnLine™. This is a complete transaction management and analysis tool, accessible on-line, which can be fully integrated into clients' accounting infrastructure.
Laurent Vreven, Product Manager for Company Payment Solutions, MasterCard Europe, said, “This partnership with a leading player such as Atos Origin is a great opportunity for MasterCard and is a sure sign of our commitment to companies and the public sector. Combined with our Smart Data Online™ reporting solution, this platform allows banks to provide a flexible and absolutely complete solution to their customers.“
Jean-Yves Neveu, Vice-President for Public Sector Payment Solutions, MasterCard Europe, added the following: “With this solution MasterCard is providing an appropriate response for banks that want to take advantage of the great boost the public sector is giving to the purchasing card market.”
About The Purchasing Card
The Purchasing card was launched at the beginning of the 1990s in the United States as a public sector initiative to find a simple tool to enable small purchases to be made (average amount US$350). The Purchasing card allows purchases to be delegated to the end user by implementing a highly sophisticated control system. It is also a quick payment tool for suppliers. This system has been quickly taken up by companies as the concept has become more widespread in other countries. Following tests carried out by French Ministry of the Economy, Finance and Industry in October 2004, a Prime Ministerial decree allowed the purchasing card to be launched in the public sector. Since then, there has been rapid growth in the market not just in the public sector but also in the corporate world.
About Atos Origin
Atos Origin is an international information technology 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 over 46,000 people in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors . Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, AtosEuronext, Atos Worldline and Atos Consulting.
Atos Worldline, an Atos Origin company - Atos Worldline is a major European player in the processing of large-volume electronic exchanges, specialising in electronic payment services, CRM and e-services (internet, voice and mobile services). With the focus on technological innovation, Atos Worldline implements its solutions in processing or integration mode. Atos Worldline has 2500 employees in Europe and has an annual turnover of €400 million.
About MasterCard International
MasterCard International is a leading global payments solutions company that provides a broad variety of innovative services in support of our global members' credit, deposit access, electronic cash, business-to-business and related payment programs. MasterCard manages a family of well-known, widely accepted payment card brands including MasterCard®, Maestro® and Cirrus® and serves financial institutions, consumers and businesses in over 210 countries and territories. The MasterCard award-winning Priceless® advertising campaign is now seen in 105 countries and in 48 languages, giving the MasterCard brand a truly global reach and scope. For more information, go to www.mastercardinternational.com.
Press Contacts :
Tél : 01 55 91 24 74
Email : email@example.com
Tél. : 01 53 32 09 13
Email : firstname.lastname@example.org
Tél. : 01 53 32 09 22
Email : email@example.com