MORRIS PLAINS, N.J. - The electronic commerce division of Electronic Data Systems Corp. has been selected by two banks for electronic funds transfer processing.

State Street Boston Corp., one of New England's largest commercial banks, with $16.5 billion in assets, and its subsidiary State Street Bank and Trust Co. will use EDS to process the bank's national debit card issuance program, which includes more than 100,000 Visa Check cards and MasterCard MasterMoney cards.

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