TietoEnator has agreed on establishing a national payment card-...

TietoEnator has agreed on establishing a national payment card-processing centre in Belarus TietoEnator and the National Bank of the Republic of Belarus have agreed on establishing a payment card-processing centre in Minsk. In practice this payment card-processing centre integrates Belarus into the international payment system while local banks offer Eurocard / MasterCard services to their customers. The national level Payment Card Processing Centre providing multi-bank service is the core of the country's payment card business infrastructure and a driving force of payment card market development. The payment card centre to be established in Belarus is based on the Transmaster system, which handles the bank's automated real-time transaction processing. Latvia, Lithuania, Ukraine, Georgia and Moldova also have national payment card centres based on Transmaster technology. The developer of this system, Tieto Konts, which is a part of TietoEnator Group, is the leading payment card systems supplier in the Central and Eastern Europe. Additional information: Jaakko Parkkinen, Area Manager, TietoEnator Finance Sector, tel. +358 9 8626 3908 Maris Ozolins, Managing Director, Tieto Konts, tel. +371 728 6660 With a staff of 10,000 and annual net sales of 1.2 billion euros, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator provides consulting, systems development and integration, operation and support, product development services for customers, and software services. The Group has in-depth knowledge of its customers' businesses in areas such as telecommunications, banking and finance, the public sector and the forest industry. www.tietoenator.com TIETOENATOR CORPORATION DISTRIBUTION Principal media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/31/20010131BIT00670/bit0001.doc http://www.bit.se/bitonline/2001/01/31/20010131BIT00670/bit0002.pdf