Bank CenterCredit JSC (Kazakhstan) has launched its processing center - press release

/KASE, July 4, 06/ - Bank CenterCredit JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) official "А" listing category has spread press release which says as follows: Citation start Bank CenterCredit JSC has successfully completed migration on own processing center. At the beginning of July technical works on processing center connecting up to international charge system Visa International were made. Direct connection up of processing to Visa International became possible due to software Way 4 introduction of the company OpenWay by bank, used by over 60 banks, processing centers and telecommunication companies of 14 countries of the world. "Launch of own processing center will allow the bank to develop card business, to increase volume of issue of charge cards, a range of products will be widen, - Medet Rakhimbaev, deputy chairman of Board of Bank CenterCredit JSC noted, - Own processing center introduction will result in diminishing of terms of cards making, the time necessary for money record into the account of a client will be reduced". Center of authorization on clients' accounts maintenance with round-the-clock operation started along with launch of own processing center in the bank (telephone number of Center of authorization of Bank CenterCredit JSC is (3272) 44 77-77). Own processing facilities give an opportunity to improve significantly the quality of international charge cards maintenance, issued either by the bank itself or by other issuers; to create joint projects with trade networks, goods and services producers. Operation processing speed will increase along with simultaneous decreasing of errors and rising of security level under settlements by charge card. Bank CenterCredit JSC is the Principal member of international charge system Visa International. Citation end [2006-07-04]