Europay International said Kurt Richolt has been reelected chairman of its board for a three-year term commencing in April.

Mr. Richolt, 58, became chairman in 1993, a year after Europay was formed through the merger of the Eurocard and Eurocheque cooperatives. Europay is considered one of the Big Three international payment associations, along with Visa and MasterCard, and is closely allied with MasterCard.

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