Technology/Services

Couche-Tard Renews Desjardins Partnership

Extends debit, credit services deal Canada-wide

LAVAL, Quebec -- Alimentation Couche-Tard Inc. has renewed its partnership with Desjardins Group, the largest integrated cooperative financial group in Canada, as a supplier of Desjardins payment solutions (debit and credit services).

Building on the strength of their 10-year partnership, Couche-Tard and Desjardins Card Services have not only renewed their agreement for services in Qu abec, but also expanded it across Canada into the areas served by Couche-Tard under the Mac's banner, as exclusive supplier for the processing of point-of-sale (POS) transactions.[image-nocss]

Now able to process both VISA and MasterCard transactions, Desjardins Card Services is a premium supplier of payment and financing solutions and is strengthening its position as a leader in this area. Thanks to our extensive range of services, we can meet the evolving needs of merchants all over Canada. We are very proud to be associated with [Couche-Tard] and to offer Desjardins payment solutions for all of its stores in Canada, said Jean Yelle, vice president of Desjardins Card Services.

Desjardins Card Services is a business unit of Desjardins Group, Montreal. In addition to being the leading payment solutions provider in Qu abec as well as a major player in Canada, Desjardins Card Services offers loyalty programs, the Accord D Desjardins financing program, as well as online debit and credit transaction processing, integrated POS solutions and POS terminals. More than 55,000 merchants throughout Canadaincluding more than 5,000 offering Accord D Desjardins financinghave chosen Desjardins Card Services as their provider of POS transaction management solutions.

Desjardins Group is the largest integrated cooperative financial group in Canada, with overall assets of more than $135 billion. It comprises a network of caisses, credit unions and business centers in Qu abec and Ontario, and 20 subsidiary companies in life and general insurance, securities brokerage, venture capital and asset management, many of which are active across the country.

Laval, Quebec-based Couche-Tard currently operates a network of 5,513 convenience stores, 3,413 of which include motor fuel dispensing, located in nine geographic markets, including six in the United States covering 29 states and three in Canada covering six provinces.

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