Atos And Travelex Strengthen Partnership With Major New Contract
Released on: November 22, 2011, 12:09 pm
Atos, the international IT services company, has announced
that it has signed a major five year contract with Travelex, the
world's leading specialist provider of foreign exchange and
international payments for consumer and business customers.
Under the five year agreement Travelex and Atos Worldline, which represents Atos's
high-tech transactional services, will collaborate to provide enhanced cross-border
card payment capabilities.
The partnership will allow shoppers at over 72,000 point of sale machines in Atos
Worldline’s participating merchant network in Europe to pay in their preferred
currency. Travelex Currency Select enables acquirers to provide shoppers with
transparency, certainty and choice at the point of sale.
Atos Worldline has global experience
in providing merchant acquirers with payment solutions. Travelex also effectively
operates as an acquirer in its own right with its global ATM network as well as its
own "direct-to-market" merchant acquiring business.
Atos believes that this expertise in foreign exchange
complements Atos Worldline's position as a leading commercial acquirer in Europe
with a significant merchant portfolio, especially in the Benelux region.
Atos Worldline and Travelex plan to deploy the cross-border card payment
functionality solution on card-present (POS) and card-not-present e-Commerce
channels to European merchants in 2012.
Commenting on this announcement, Peter Jackson, Chief Executive Officer of Travelex
said: "This deal demonstrates our ability to develop and deploy innovative foreign
exchange payment solutions in growth market segments that are outside our
traditional retail sphere. Atos Worldline is the ideal partner with deep expertise
in card acceptance solutions and payments in general. We look forward to growing our
joint business together."
Joe Edwards, Senior Vice President for Sales and Marketing, Atos said: "Through our
partnership with Travelex, we can provide them with our specialist expertise in
electronic transactions, which is essential to the growth of their business. We
already have a very solid relationship with Travelex by supporting their e-commerce
strategy, and we are looking forward to cementing this relationship further."
Earlier this year, Atos and Travelex further extended their relationship via a
Systems integration (SI) agreement. Atos has been a key supplier of IT solutions and
services to Travelex for some years and continues to provide support and delivery
capabilities across the Travelex IT estate.
- Ends -
Atos is an international information technology services company 78,500 employees in
42 countries. Serving a global client base, it delivers hi-tech transactional
services, consulting, systems integration and managed services.
Atos is focused on business technology that powers progress and helps organizations
to create their firm of the future. It is the Worldwide Information Technology
partner for the Olympic Games
and is quoted on the Paris Eurolist Market. Atos operates under the brands Atos,
Atos Consulting, Atos Worldline and Atos Worldgrid.
About Atos Worldline:
Atos Worldline implements Atos Hi-Tech Transactional Services in the field of
payments, eCS and financial markets. A leader in end-to-end services for critical
electronic transactions, Atos Worldline is specialized in electronic payment
services - issuing, acquiring, terminals, card and non-card payment solutions &
processing - ; eServices for customers, citizens and communities ; as well as
transactional services for financial markets. Atos Worldline on-going commitments to
research and innovation enable its customers to benefit from award-winning solutions
in areas such as mobile payments, secure IPTV, online CRM and paperless solutions.
Atos Worldline generates annual revenues of € 867 million and employs over 5,400
people in the world. For more information, please visit: atosworldline.com
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