Business Services Industry

Brazil: CRT and Visa made partnership for payment of toll.

South American Business Information, November, 2000

CRT (Concessionaria Rio-Teresopolis) and the credit card services company Visa made a partnership according to the payment of Visa Verde (payment electronic system for the roadway toll) may be made throughcredit cards. CRT expects an increase of 30% in the number of users currently of 2.700. CRT, licensee of Rio-Teresopolis roadway since march 1996, expects an income of R$39mil in 2000 against the R$35mil reached in 1999.

Copyright (c) 2000, SABI, all rights reserved.

Source: Gazeta Mercantil Page: 3 Date: November 16, 2000 Country: Brazil Product: Railroads/Credit Cards Company: CRT ; Visa Event: Partnerships; Services SABI (South American Business Information)

News Provided by COMTEX (http://www.comtexnews.com)

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