SIX and easybank announce that SIX will sell its Commercial Issuing business (the Issuing of credit and prepaid cards) in Austria together with the Issuing Support for Austrian banks to easybank. A corresponding agreement was successfully concluded by both parties on February 28, 2017. The Issuing of credit and prepaid cards is operated under the well-recognized national brand “PayLife”. SIX will focus on its B2B business and plans to further strengthen its merchant business (Acquiring) and the transaction processing (Acquiring and Issuing Processing).
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