CEDICAM and Equens start commercial partnership
28-02-2011
CEDICAM, the Crédit Agricole Group’s payment subsidiary, and Equens SE today confirmed that they have signed a framework agreement to establish a commercial partnership.
This framework agreement is the first tangible result of fruitful discussions which began at the end of 2009. The parties share a common vision on the strategic developments in the European card and payment processing market and have reflected this in the agreement. Their commercial partnership represents a unique joint opportunity across the French, German, Dutch and Italian geographies which will mutually benefit each organisation’s clients.
Michael Steinbach, Chairman of Equens' Board of Directors: "This partnership is an important next step in following our European strategy. The extensive commercial agreement between Crédit Agricole, CEDICAM and Equens will provide major opportunities for us all in terms of scale and scope in the European market of payment and card processing".


