#Card Complete: What awaits credit card holders after the ownership change? 💳 Card Complete: What awaits credit card holders after the ownership change? 💳 Introduction The Austrian credit card market is in for a big change! 🏦 UniCredit Bank Austria and Raiffeisen Bank International (RBI) have announced the sale of their shares in Card Complete, a market leader. What does this mean for... Topics: Life, .

#Card Complete: What awaits credit card holders after the ownership change? 💳

Card Complete: What awaits credit card holders after the ownership change? 💳 Introduction The Austrian credit card market is in for a big change! 🏦 UniCredit Bank Austria and Raiffeisen Bank International (RBI) have announced the sale of their shares in Card Complete, one of the leaders in this sector. What does this mean for regular credit card users? No need to panic! 😌 Let’s break down how the change of ownership will affect your cards and what interesting developments lie ahead. Who bought Card Complete and why? So, who is the new owner? 🕵️‍♀️ Austrian investment company EAVISTA, owned by international investor Arif Babayev, has acquired 75.1% of Card Complete shares. That means a controlling stake is now in their hands.💰 Why does EAVISTA want this? 🤷‍♀️ The company sees huge potential in developing Card Complete as an independent payment service provider, especially in German-speaking countries. They plan to actively expand operations and introduce new technologies. What will happen to my Card Complete cards? The main question on every cardholder’s mind: what will happen to my money? 😨 Don’t worry! Your Card Complete cards will remain valid until the end of the year. ✅ You can continue using them as usual, making purchases and withdrawing cash. However, changes are coming. 🔄 UniCredit Bank Austria and RBI plan to offer credit cards to their customers independently, without Card Complete. This means you will be offered a switch to new banking products. Switching to new offers: what you need to know 📑 When the time comes, the banks will contact you and offer new credit card options. 📄 Read the terms carefully! If the new offer suits you, the transition will be automatic. 👍 What will you get in return? 🎉 New features and possibilities! For example: Integration with banking apps 📱 Convenient mobile payments via Google Pay and Apple Pay 📲 Participation in loyalty programs and bonus rewards 🎁 Card Complete: a key market player 🇦🇹 Even after the ownership change, Card Complete remains a significant player in the Austrian credit card market. The company serves: 30,000 business clients 🏢 1 million cardholders 👩‍👩‍👧‍👦 Annual transaction volume of around €10 billion 💸 Card Complete offers a wide range of cards: Visa, MasterCard, and Diners Club. 💳 Future plans: what to expect from EAVISTA? 🚀 The new owner, EAVISTA, is full of ambition! 🌠 They plan to: Expand operations in German-speaking countries 🇩🇪🇨🇭 Invest in new technologies and innovation 💡 Improve customer service quality 🤝 The deal: when will it close? ⏳ The sale of Card Complete is not yet finalized. 🛑 It still needs approval from regulatory authorities. All formalities are expected to be completed this year. 📅 Conclusion The sale of stakes in Card Complete is an important step for the Austrian credit card market. On one hand, banks will be able to interact directly with their customers and offer better terms. On the other hand, Card Complete, under EAVISTA’s management, can grow as an independent player and introduce new technologies. Don’t be afraid of change! 😉 Keep an eye on news from your banks and choose the offers that best suit your needs. If you found this article helpful, share it with your friends! 📢