News

ID Data signs new deals

30 October 2006 09:30:00

Despite a challenging UK market, card based transaction systems provider ID Data said today it has continued to win significant new contracts.

The group said it had renewed a contract with Nectar as well as signing a 3 year supply and management agreement for bank cards with the world's largest credit card issuer.

ID Data added that it has also signed an exclusive contract throughout Europe, Middle East, Africa and India, with US technology company Vanguard, whose patented key fobs have already been delivered to Tesco and Nectar.

"In summary, the company has now entered a period of increased activity, with a number of new contracts in the final stages of negotiation," said ID Data.

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