Telekurs Holding Ltd is purchasing 3C Communications International SA,Luxemburg

19 September 2007

Telekurs Holding Ltd is purchasing 3C Communications International SA,which is active in the field of card payment transactions, from Tele2 Europe SA, a company belonging to the Swedish telecommunications operator Tele2. The scope of the purchase contract includes the purchase of the 3C Group with its parent company in Luxemburg along with its subsidiaries in Sweden, UK, Germany and the USA.

The 3C Group is active as a payment service provider (PSP) and offers integrated payment solutions with payment cards in the areas of hotels/restaurants, parking facilities/ticket machines and in e-commerce.

Internationally active merchants and acquirers appreciate what 3C offers as an
ideal solution for the cross-border handling of credit and debit card payments,
and benefit from the advantages of the central processing of transaction volume. The 3C Group has many connections to solution providers, POS terminal manufacturers, DCC providers and acquirers. It processes over 50 million transactions annually and has a staff of around 40 employees. The processing provided by 3C is based on a flexible and modern EMV-compliant infrastructure.

The Telekurs Group is pursuing an international growth strategy in the business field card-based payment transactions. After taking over the cCredit® business from the c.a.r.u.s. Group, Hamburg, in February, the purchase of the 3C Group was the second acquisition made this year. “With the software product cCredit® and the range of products and services offered by 3C International, we are now able to offer a customized solution for all internationally active commercial and service enterprises,” states a pleased Felix Aeschlimann, CEO of Telekurs Card Solutions.

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