TSYS to Provide Gift Cards for Leading Dutch Retailer
Hunkemöller Introduces Gift Cards in Four European Countries
Columbus, GA, and York, England, Feburary 21, 2005 - TSYS has successfully implemented a retail gift-card program for Hunkemöller, a leading specialist retailer in The Netherlands, with outlets in Germany, Denmark, France, Luxembourg and Belgium.
The three-year agreement provides Hunkemöller with denominated gift cards that are available in amounts ranging from €5 to €25. The cards are available now in 130 stores in The Netherlands. The gift cards will be available in Hunkemöller's stores in France, Germany and Belgium later this spring, with plans to include stores in Denmark later this year, for a total of 300 stores before year end. In the near future, Hunkemöller plans to integrate the gift-card program with its website, allowing the card to be purchased or reloaded and balances obtained online.
"The acceptance of retail gift cards is growing in Europe at a rapid pace. Hunkemöller needed a partner with experience and global technology to assist us in launching a desirable product quickly and seamlessly," says Ron Hemmer, finance director for Hunkemöller. "Hunkemöller strives to offer our customers the best possible service, and we relied heavily on TSYS to ensure the gift-card experience was no exception. We have been exceptionally pleased with the results."
"TSYS has been in the prepaid cards market for years with tremendous success demonstrated through some of the most successful programs in the industry. We have built upon this through a newly acquired subsidiary, TSYS Prepaid, enabling us to bring the latest prepaid innovations into the European market," says Kelley C. Knutson, managing director for TSYS Europe. "TSYS offers the high-quality support that retailers like Hunkemöller require to quickly launch gift-card programs, as well as a wide spectrum of payment services that includes loyalty, private-label and scheme-branded credit cards."
About Hunkemöller
Hunkemöller, based in Hilversum, The Netherlands, is owned by Royal Vendex KBB, a leading retail conglomerate with stores in Belgium, Luxembourg, Denmark, Germany, France and Spain. Vendex KBB is ranked among the top 150 global retailers based on its annual sales.
About TSYS
TSYS (NYSE: TSS) brings integrity and innovation to the world of electronic payment services as the integral link between buyers and sellers in this rapidly evolving universe. Synovus (NYSE: SNV) owns an 81-percent interest in TSYS. For more information, contact news@tsys.com. See TSYS on the web at www.tsys.com.
Contacts
Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com
Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com