Certegy Renews Credit Card Processing Agreement With Total Card Inc.
April 20 2005 - 6:10PM
PR Newswire (US)
Certegy Renews Credit Card Processing Agreement With Total Card
Inc. ST. PETERSBURG, Fla., April 20 /PRNewswire-FirstCall/ --
Certegy Inc., a leading global payment services provider, today
announced a five-year renewal agreement with Total Card Inc., to
provide transaction processing services to over 250,000 cardholders
nationwide. Headquartered in Sioux Falls, South Dakota, Total Card
is a premier provider of card support services to non- traditional
lenders and issuers. Certegy's industry leading card processing
platform provides Total Card with a full-service outsourcing
solution. "We are very pleased to renew our relationship with
Certegy in order to support our expanding financial institution
base," said Greg Ticknor, president of Total Card Inc. "Certegy's
complete range of options enables us to develop programs tailored
specifically to meet the unique needs of our customers." "We are
very excited to continue our relationship with Total Card," said
Robert Bream, executive vice president and group executive, Certegy
Card Services - North America. "Our ability to provide high quality
solutions with speed and accuracy drives added value for our
clients by enabling them to serve their customers more
effectively." About Certegy Inc. Certegy Inc. provides credit and
debit processing, check risk management, cash access, merchant
processing and e-banking services to over 6,500 financial
institutions, 117,000 retailers and 100 million consumers
worldwide. Headquartered in St. Petersburg, Florida, Certegy
maintains a strong global presence with operations in the United
States, United Kingdom, Ireland, France, Chile, Brazil, Australia,
New Zealand, Thailand and the Caribbean. As a leading payment
services provider, Certegy offers a comprehensive range of
transaction processing services, check risk management solutions
and integrated customer support programs that facilitate the
exchange of business and consumer payments. Certegy generated over
$1.0 billion in revenue in 2004. For more information about
Certegy, please visit http://www.certegy.com/ . About Total Card
Inc. Total Card is a leading third party credit card servicer that
specializes in providing growing financial institutions and
non-traditional sub-prime lenders with world class servicing,
collections, settlement, and support solutions. Total Card performs
front-to-back operations for its owned portfolio of VISA credit
cards issued by Plains Commerce Bank of Hoven, SD. Total Card is an
approved ISO for VISA USA, Inc., and an approved MSP for MasterCard
International, Inc. Forward-Looking Statement The statements in
this release may include forward-looking statements that are based
on current expectations, assumptions, estimates, and projections
about Certegy and our industry. They are not guarantees of future
performance and are subject to risks and uncertainties, many of
which are outside of Certegy's control that may cause actual
results to differ significantly from what is expressed in those
statements. Factors that could, either individually or in the
aggregate, affect our performance are described in detail in the
section entitled "Certain Factors Affecting Forward-Looking
Statements" in our 2004 Annual Report on Form 10-K filed on March
11, 2005, with the SEC. DATASOURCE: Certegy Inc. CONTACT: Mary
Waggoner, SVP - Investor Relations of Certegy Inc., +1-678-867-8004
Web site: http://www.certegy.com/
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