Cyberbit A/S a European payment services provider and credit card anti fraud system provider located in Denmark, enters into an agreement with Euroline AB a company of SEB Group.
We are now able to take on new high volume merchants in the traveling and airline business, to provide credit card processing and anti fraud tools.


/Financial News Articles/ - FREDERICIA, DENMARK, July 01, 2008 - Cyberbit says, the new partnership provides new opportunities for us to enter into new markets and to strength our company with new payment and settlement possibilities.

We are now able to take on new high volume merchants in the traveling and airline business, to provide credit card processing and anti fraud tools. With our new platform we offer a specific transaction management and analyzing platform that enables companies in these sectors to operate their business with less risk and more control.

Cyberbit has been searching for an acquirer as Euroline AB for some time, because we needed to have the acquirer to be able to process all major credit cards and online payment methods and at the same time to have the experience with the traveling and airline business, which they have proven to have, says sales director, Nicos Andersen

About Euroline:
Euroline AB is the acquiring unit of SEB Group, and is the leading Nordic acquirer in e-commerce. We offer businesses a simple and secure infrastructure for accepting cards as a means of payment.

Our aim is to achieve a secure and financially viable card payment system, and to this end we concentrate on offering our customers open and modern technology, coupled with high standards of customer service.

We are engaged in an ongoing process of development work aimed at generating new services in line with emerging requirements.

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Press Release Contact Information:

Jens Peter Andersen
Cyberbit A/S
Marketing
Strevelinsvej 8
Fredericia, DK
Denmark 7000
Voice: 70270585
Website: Visit Our Website