CCN Group said it has won a multimillion-dollar contract to provide management and processing support for Hewlett-Packard Co.'s HP Card.

The private-label computer retailing card, which has been launched in Italy and Germany and is to be available in several other European countries by midyear, is designed to foster customer loyalty. Equipment purchased with the card can be exchanged or traded in later.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.