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GE Consumer Finance-Canada Acquires Small Business MasterCard Portfolio From First Data

Monday 17 January 2005 15:40 CET | News

First Data and GE Consumer Finance-Canada, have signed an agreement in which GE will acquire the small business MasterCard portfolio in Canada of First Data Loan Company Canada, and First Data will provide card processing services for the accounts.

This agreement will allow First Data to continue to focus on its core competency of providing leading third-party payment processing services to financial institutions. GE will bring additional choice and innovative product options for customers.


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Categories: Payments & Commerce
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Countries: World
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