As part of the deal, the Sarajevo-based payments group will provide the bank with a full range of card processing services, including card personalization and authorization, PIN management, fraud monitoring and prevention, SMS alerts, ATM and POS networks, and call center services.
After successful re-capitalization and change in ownership, Postbank has very ambitious business plans to make the card business a vital part of our retail banking. We are determined to create high quality, valuable card products, which we will market independently through the network of our strategic partner, Post Offices, said Dzenamir Abaza, CEO of Postbank. We recognize Global Payments Europe Sarajevo as a reliable and established partner with worldwide references, and we are confident that our new relationship will be longstanding and successful, with satisfied customers our ultimate business goal.
Mustafa Bektic, CEO of Global Payments Europe Sarajevo, said: We are very excited to expand our existing portfolio with the addition of Postbank, as it is expected that the bank, with the Post Office as its strategic partner, will grow significantly, and play an important role in the retail banking market.
