Business Intelligence

CSC Introduces Multi-Currency Processing To Global Cards Market

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Executive Summary

With the new global economy spawned by the Internet, merchants are no longer limited to doing business within their country's borders. A new feature of CSC's CAMS II Card & Merchant System software gives merchants the power to settle transactions of various currencies in their preferred currency. This resulted in increased fee revenue, expanded sales, and grew processing ability to 40 million cards and 1 billion transactions annually. CAMS II's multi-currency feature is generating additional fee revenue for Barclaycard.

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