Accounting and Financial Software
Top Eastern European Acquirer Bank Consolidates Its Leading Position with Welcome's Enhanced Payment Software Products
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AIX-EN-PROVENCE, France, February 22 -- Privredna Banka Zagreb (PBZ), leading acquirer bank in Croatia and member of Intesa Sanpaolo group, one of the largest financial organizations in Europe, and PBZ Card, member of PBZ Group, leading credit card issuer in Croatia, today announced that they will be deploying Welcome's XLS software products across the bank's credit cards, debit cards and POS terminals. The bank's objective is to secure its leading position in the market by offering payment services which are much more attractive to merchants, so that merchants will prefer PBZ cards and will encourage their customers to pay with PBZ cards.
"We want to offer merchants the best payment services available today, with the richest features and capabilities," said Tomislav Lazaric, Vice President and Member of the Board of PBZ. "We were impressed with the experience and results of other banks around the world that are also using Welcome's payment technology to dramatically improve the value of their payment services to cardholders and merchants."
"We are very pleased to have been chosen by PBZ and PBZ Card," said Philippe Vinci, CEO EMEA & Americas Regions. "Croatia is among the most prosperous of Central and Eastern European countries. The payment card market is growing rapidly, and there are significant opportunities to increase card usage across all types of payment cards, and for PBZ and PBZ Card to grow faster than the rest of the market."
About Welcome
Welcome is the leader in card marketing enhancements that create added value at the moment of payment. Welcome adds value to the traditional payment transaction through an enhanced payment experience that provides benefits to cardholders, retailers and financial institutions.
Welcome's technology drives credit and debit card programs in 21 countries across the globe and has received industry awards such as the ROI of the Year Award by The Banker magazine (2004) and the Frost & Sullivan Industry Innovation & Advancement Leadership Award (2006).
Welcome is headquartered in Aix-en-Provence, France, with offices and R&D facilities in Singapore, London, Milan, Madrid, Miami and Sao Paulo. For more information, visit: www.welcome-rt.com
About Privredna Banka Zagreb
Privredna Banka Zagreb (PBZ) was founded in 1962 and has consistently been a leading financial institution in the Croatian market, with an established business base and recognized national brand name. Today, Privredna Banka Zagreb is a member of Intesa Sanpaolo group - the largest Italian banking group. PBZ and the PBZ Group offer a diverse range of specialized services which, beside core banking services, include credit card services, leasing, real estate and fund management.
For more information, please visit: www.pbz.hr
About PBZ Card
PBZ Card, owned by Privredna banka Zagreb, is the leading card institution in Croatia and the region. The Company specializes in issuing and processing charge, credit and debit cards and is the only card organization charged with issuing and accepting American Express cards. Is also offers a service of acceptance and building the sales network of MasterCard and Visa cards for the Croatian market. As the leading card organization, PBZ Card today has more than two million cards issued under the brands American Express, MasterCard, Maestro, Visa and Visa Electron.
Media contact:
Marjorie Bans
m.banes@welcome-rt.com
Tel : +33-4-42-97-58-62
Source: Welcome Real-Time
