Global Payment Systems said it has won a credit card processing contract from Toronto-Dominion Bank that includes providing services to the Canadian bank and to a U.S. subsidiary, Waterhouse National Bank of New York.

These services will include authorization and clearing, statement production, and exception processing. Global will manage the TD Bank U.S. Dollar Advantage Visa card portfolio, which consists of accounts for frequent Canadian travelers to the United States, and continue to manage processing for the Waterhouse National Bank portfolio.

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