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Rahaxi to Provide Processing for Neocard

Tuesday 19 July 2005 13:08 CET | News

FreeStar Technology Corp., an international card payments processor and technology company, announced that its wholly owned subsidiary, Rahaxi Processing Oy., has entered in to an agreement with Neocard Oy to provide electronic payment processing for Neocards credit and loyalty cards.

Mr. Jaakko Rytsola, Development Manager of Neocard, said, This agreement with Rahaxi will provide Neocard fast and reliable access to variety of different new POS-devices and will help to increase the number of merchants able to accept the Neocard. Mr. Jyrki Matikainen, sales director of Rahaxi, said, Were delighted to be able to provide Neocard with swift, secure and fast on-line card payments processing. We look forward to a long and fruitful co-operation with a company like Neocard. Rahaxis online, real-time, reliable system is winning more and more customers in Finland and throughout Europe. Though Neocard credit/loyalty cards were introduced only last fall, their use is spreading rapidly and Rahaxi is well equipped to support its growth, said Paul Egan, chief executive officer of FreeStar.


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