First Data expands relationship with central American issuer
First Data International has signed a payment processing agreement with Tarjetas Cuscatlan SA de Guatemala, a member of UBC International Corporation, one of the largest financial services groups in central America.
Processing Center SA (Procesa), a First Data company that offers payment processing solutions customized for the company's clients in Latin America and the Caribbean, will provide card issuing processing services to Tarjetas Cuscatlan SA de Guatemala to support the launch of several new card products. This agreement builds on Procesa's previously established relationship with UBC International to provide full service support to its Panama affiliate, Banco Cuscatlan de Panama. The deal will also add to the range of services First Data provides in Latin America. The company already provides a variety of processing and related payment services in the region, while Panama-based Procesa offers payment processing support for credit, prepaid, gift and corporate cards.
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