SBI Card swipes in First Data for card management services

SBI Card has mandated Atlanta-based First Data to help it with comprehensive credit card processing management solutions. SBI Card, a joint venture between State Bank of India and Carlyle Group, has over 5.6 million customers in the country.  Under the multi-year agreement, First Data would provide solutions, powered by its proprietary VisionPlus software to SBI Card. First Data would also operate a new data centre facility in the country.
 
“We are pleased to appoint First Data as our new partner to provide end-to-end processing services hosted in India. First Data will set up and manage new data center facilities