Metris Cos. has renewed its processing contract with First Data Resources, its supplier since 1994, for another five years.

The unit of First Data Corp. will provide data processing and other card management services for the Metris portfolio.

"Metris continues to be one of the nation's fastest-growing financial services firms, and the contract extension with First Data Resources will enable us to leverage and handle the growth of our credit card business," said Ronald N. Zebeck, president and chief executive officer of Metris, St. Louis Park, Minn.

Walter Hoff, executive vice president of First Data Corp., Hackensack, N.J., said the renewal "reflects positively on First Data's ability to deliver the scale of resources and innovative technology needed to help Metris achieve its strategic growth initiatives."

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