Card Briefs: Total System Wins Deal With Honduran Bank

Expanding its presence in Latin America, Total System Services Inc. has won a multiyear processing deal with Bancahsa, the second-largest bank in Honduras.

Total System, the credit card processing company, is to handle the bank's portfolio of Visa cards, which are known as Honducards. Bancahsa is headquartered in Tegucigalpa, the capital of Honduras.

The Georgia company, which has three international offices, said 20 million of the 269 million card accounts it processes are from outside the United States. It said it processes one-third of Mexico's credit cards and has a 21% share of the Canadian market.

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