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B+S Card Service: Transaction Volume Grows – Newly Established Top Management

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B+S Card Service: Transaction Volume Grows – Newly Established Top Management Press release B+S Card Service: Transaction Volume Grows – Newly Established Top Management Frankfurt/Main, January 28th 2013. Once again, in the just ended fiscal year 2012 (October 2011 thru September 2012), B+S Card Service was able to grow processing volume originating from the processing of card payment transactions. In whole, B+S, a partly owned subsidiary of Deutscher Sparkassenverlag, processed payments amounting to 23.1 billion Euros (2 per cent increase) – the B+S all-time corporate record since start up in 1989. At the end of the 2012 fiscal year, B+S had more than 227,000 customers in fourteen European countries. As one of the few companies not only offering one-stop network and POS but also comprehensive acquiring services, B+S currently operates approximately 167,000 payment terminals that processed roughly 553 Million transactions during the fiscal year. B+S Innovation in Contactless Payment In 2011/12, the focus in particular was on product development for contactless payments. B+S started the service of payment processing compliant to the new girogo payment process and as first service provider even introduced two further contactless-enabled payment terminals H5000 and VX820 to the German market. The product portfolio was honoured with numerous awards, most recently with an innovation prize sponsored by the Deutscher Sparkassen- und Giroverband (German Savings Banks Association, DSGV) contactless payments terminal competition.“. - 1 - „From a product perspective, contactless payment remains the central issue for our company“, B+S managing director Matthias Kaufmann explains. “Especially in Germany it accelerates the existing trend towards distinctly more cashless payments. On a medium-term basis, interesting developments on our way towards mobile payments may evolve, allowing us to target and gain new customer.” Beyond that, B+S as first service provider in Europe offered its own customers the acceptance of Diners Club and Discover credit cards in compliance to the especially safe EMV standard and thus today offers acquiring for five international card brands (MasterCard, Visa, CUP, JCB, Diners/Discover). Changes in B+S Top Management As of February 01st 2013, Jürgen Schneider, formerly General Manager Sales of Deutscher Sparkassenverlag, joins the management board. He replaces B+S General Manager Michael Pip, who is leaving B+S at his own request to take on a new challenge. For health reasons, his General Management colleague Matthias Kaufmann will also be leaving the B+S management board in the course of the next months to follow and then subsequently taking over a different responsibility in the company. The corresponding B+S bodies will also staff this General Manager position in the near future. - 2 - Press Contact B+S Card Service GmbH Martin Jung Head of Marketing & Communications Lyoner Str. 9 60528 Frankfurt Tel. +49 (0)69 6630-5426 Fax +49 (0)69 6630-5622 [email protected] www.bs-card-service.com About B+S Card Service GmbH B+S Card Service is one of the leading service providers for card payments. The company’s service comprises acquiring for the credit card organizations MasterCard, Visa, Diners Club / Discover, JCB and CUP as well as for all debit cards such as girocard, Maestro and V Pay. In addition, commerce and all companies and organizations wanting to offer customers cashless payments receive one-stop network services with the required terminals from B+S. B+S is a partly owned subsidiary of Deutscher Sparkassenverlag, Stuttgart, and belongs to the Sparkassen Finanzgruppe (Savings Banks Financial Group). B+S offer multiple services to facilitate card payment processing. B+S also have an innovative and well-developed product portfolio for contactless payment and E-Commerce. The service provider employs more than 450 employees and is represented with payment services in Germany, Austria, Belgium, United Kingdom, Italy, Poland, Luxembourg, Hungary, Slovenia, Liechtenstein, as well as in Switzerland, the Netherlands, Slovakia and the Czech Republic. - 3 - .
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