eFunds Renews Five-Year EFT Contract With Citishare Corporation

Monday 9 February 2004 08:49 CET | News

eFunds has signed a contract to continue providing EFT network switch processing for Citishare Corporation -- a subsidiary of Citigroup.

Under the agreement, eFunds will continue processing transactions for Citishares worldwide network affiliates, and will continue to provide zero service outage and currency conversion capabilities for Citishares international endpoints. The Citishare EFT network switch runs via eFunds data center using a CONNEX on Tandem NonStop platform, and will offer Citishare worldwide compliance, cost efficiencies, high-volume EFT processing, 24/7 availability, dynamic system configuration and linear scalability.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce