In the framework of the joint venture, GZS will be charged with handling the technical processing of the supported savings bank clients, while BCS will be responsible for customer services such as bank- and cardholder support as well as assisting the banks in their sales endeavors. The agreement – which was struck after a comprehensive market and competition analysis of the savings banks’ credit-card business – has the goal of optimally combining both partners’ economies of scale, while further developing existing products in a systematic and coordinated manner.
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