Volkswagen Bank has extended its cooperation with Worldline, an Atos subsidiary for e-payment services, for an additional five years.
Through their collaboration, Wordline have managed Volkswagen Bank’s core processing services of its 230,000 credit cards in Germany since 1998.
These services include transaction processing, authorisations, management of credit card accounts as well as clearing and settlement with Visa.
The extended cooperation will see Worldline continue their processing services to Volkswagen credit cards as well as exclusive services for their premium credit card, Volkswagen VISA Card mobile.
These include services such as instalment payment by SMS, a direct rebate program SMS service or a requested PIN.
Torsten Zibell, CEO of Volkswagen Bank said: "The Worldline team knows our requirements very well and takes care of the details.
"With this reliable and innovative partner we get closer to our ambitious goal to be a leader in customer satisfaction and quality through smart innovations and technologies.
"Mobility and mobile payment functions are a major part of this," he concluded.
Wolf Kunisch, CEO of Worldline in Germany & CEE added: "We are very proud to have the opportunity to significantly support Volkswagen Bank since 1998 with their innovative services."
Founded in 1949, Volkswagen Bank is a wholly owned subsidiary of Volkswagen Financial Services AG.