Reports also claim that EnterCard is to issue a branded debit card for Co-op Denmark, one of the country’s largest supermarket groups. Such a deal would offer an almost immediate presence in the Danish marketplace and create significant competition to the country’s national debit card, known as the Dankort.
Denmark’s Payment Business Service (PBS) said in a statement that it will deliver services in a number of fields such as the routing, handling and administration of payment card transactions for merchants.
It is an important agreement for PBS which both reaches into the future and consolidates our position as the leading processor of payment transactions on the Nordic market. EnterCard is a credit card company with big ambitions which may create new and exciting possibilities for PBS, said PBS spokesperson, Susanne Bronnum.
The EnterCard group currently handles more than 700,000 credit cards and has around 150 employees in Stockholm, Oslo and Trondheim. The company already has a significant market share in Norway and Sweden, and it is the company’s objective to become the largest credit card company in the Nordic and Baltic countries.
