“Atos Origin – New contract signed and contract extension with Commerzbank”
Frankfurt/Main, 21 February 2008
Atos Worldline, an Atos Origin Company, and Commerzbank AG announce that they have signed a new contract to offer innovative online credit decision for eBay new credit card. Customers can apply online for the eBay credit card, and use it immediately for their internet purchases. Both companies also announce the extension of their cooperation in the card business to 2010. The extension of this card processing contract highlights a constantly expanding business relationship in place for more than ten years between both partners.
Innovative credit card issued live and for immediate online purchasing
Atos Worldline has been awarded with the implementation and technical processing of the new Mastercard credit card issued by Commerzbank and eBay in Germany. The card can now be ordered online only at http://www.mastercard.ebay.de/ and – unlike previous products – be used immediately to make an initial internet purchase.
Atos Worldline processing system first checks the applicant's credit rating using the card application details input into the internet customer's Webshop, considering pre-defined security criteria by the bank. If the credit decision is positive, the system generates a card number, passes it to the authorisation system which activates the card, and advises the internet customer online that the application has been approved and that the card is being issued. The entire process takes just a few seconds. Once the application approved, the online confirmation sent and a temporary credit limit given (all these at the same time), the customer can then use the card immediately. The actual account is opened following the first purchase.
‘‘As an innovative bank, we support new ideas in the card business. With the process completed in the shortest possible time by Atos Worldline, eBay can for the first time offer its customers the opportunity to apply for a credit card and use it even before the actual account is opened and the card printed,'' says Wolfgang von Kiedrowski, Divisional Director of Card Alliances at Commerzbank.
‘‘As the first processor in Germany, we have created a process with SEMPRIS®apply online in which a credit card is issued live in just a few seconds and which can then be used at once. We're delighted to be working with Commerzbank to implement the new eBay credit card,'' comments Thomas Maaß, Banking & Finance Manager at Atos Worldline in Germany.
Card Processing contract extension
The Commerzbank cards portfolio includes around one million active Visa and Mastercard credit cards, including co-branding cards, as well as product innovations developed with Atos Worldline such as Revolving Credit and Bonus and additional functionality such as web statements. Card processing is carried out using Atos Worldline's own SEMPRIS®core Card Management System.
‘‘Atos Worldline focuses on the continuity of customer relationships. Long-term contractual agreements offer optimal conditions to adapt processing services according to customers' needs and use of our shared experiences to influence the development of interesting additional functionality,'' says Thomas Maaß, Banking & Finance Manager at Atos Worldline in Germany.
‘‘Speedy implementation of new card products and services guarantees us competitive benefits which should not be underestimated. Our contractual partnership, which stretches back over many years, has proven its worth'', comments Wolfgang von Kiedrowski, Divisional Director of Card Alliances at Commerzbank AG.
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 EUR 5,8 billion and it employs over 50,000 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, Atos Worldline and Atos Consulting.
Atos Worldline, an Atos Origin company
Atos Worldline is a major European player in the processing of high-volume electronic transactions. It specialises in end-to-end payment services including issuing, acquiring and developing payment technology solutions; card processing; CRM and eServices (internet, voice and mobile services). With the focus on technological innovation, Atos Worldline implements its solutions in processing or integration mode. The acquisition and integration of Banksys and Bank Card Company in December 2006 into Atos Worldline has created a European leader in Payment Services, with combined pro forma 2006 revenues of EUR 630 million and 4,000 employees.
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