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press release
 
Monday 3rd September 2007
 

LLOYDS TSB CARDNET AND ADNUMERO PARTNER TO GROW AND DEVELOP MULTI-CURRENCY ACQUIRING PORTFOLIO AND TO EXPLORE OPPORTUNITIES IN NEW, EMERGING AND STRATEGIC MARKETS.

Adnumero is pleased to announce that it has signed a multi-year deal with Lloyds TSB Cardnet to develop Cardnet’s multi-currency acquiring proposition and to explore new opportunities into a number of strategic e-commerce sectors internationally.

The deal means that Lloyds TSB Cardnet, in partnership with Adnumero, will continue to develop its multi-currency focused product offering whilst continuing the strong growth and return that the business is seeing from this sector. Adnumero will become an intrinsic part of the Strategic Team by providing introductions and ongoing relationship management to key Merchants whilst exploring opportunities in a range of specialist sectors. These sectors tend to require the most demanding service levels and have some of the biggest online trading volumes.
Adnumero is a specialist payment solutions business, and has exclusively partnered with Lloyds TSB Cardnet, one of Europe’s largest card payment acquirers, to deliver superior payment solutions to high volume e-commerce Merchants and to explore mutual opportunities in other specialist sectors. Adnumero will work with Cardnet’s existing Gateway and PSP partners to enhance and complement the Cardnet offering.

Kevin Coles, “Head of Business Enterprise” at Lloyds TSB Cardnet said:

'We were looking for a specialist payment solutions partner that could demonstrate to us that it was reliable, knowledgeable, and could provide Lloyds TSB clients operating internationally with a multi-currency acquiring support service that was highly specialised, competent and professional.

We believe Adnumero are the organisation to do this and so we are very happy to have formed this partnership and will work with them to build it into a long term relationship.'

Justin Lunny, co-founder and Director of Adnumero, commented:

'We are delighted that Lloyds TSB has chosen Adnumero to develop its multi-currency portfolio and explore new strategic markets.

We believe the combination of Lloyds TSB Cardnet’s acquiring solution, alongside Adnumero’s specialist focus and services will deliver a market leading proposition, far surpassing existing card acquiring offerings’

About Lloyds TSB
LTSB is one of the leading UK based financial services groups, whose businesses provide a comprehensive range of banking and financial services in the UK principally through branches of the Lloyds TSB Bank and its wholly owned subsidiaries, Cheltenham & Gloucester and Lloyds TSB Scotland. Lloyds TSB card services issue a range of consumer and commercial card based products and services, including credit, debit and charge cards. Lloyds TSB acquires merchants using the trading name Cardnet Merchant Services which provides merchant acquiring and transaction processing services for Visa and MasterCard branded cards.

For more information please visit www.lloydstsbcardnet.com


About Adnumero
Adnumero is a leading payment solutions business that delivers world-class payment solutions to high-volume online businesses. Adnumero has exclusively partnered with Lloyds TSB Cardnet, one of Europe’s largest card payment acquirers, to deliver multi currency card facilities into a number of specialist markets.

High volume e-commerce Merchants require a great deal more than a generic card acquiring facility. Many online businesses are listed companies, valued in the £ billions - they increasingly demand high levels of service and expertise. Partnering with adnumero enables businesses to access one of the most experienced payment teams worldwide. Our expert team of payment professionals is dedicated to delivering unsurpassed service and solutions with dedicated, specialist account management.

For more information, please visit www.adnumero.com or telephone +44 (0)20 7242 5250

 
 

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