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Paymaster and Citigroup sign payments deal

UK outsourced pensions administration and annuity services provider Paymaster has appointed Citigroup Corporate and Investment Banking as its partner for the provision of international payments services to its clients.

<p>Citigroup&#0039;s Global Transaction Services will work with Paymaster to support electronic payments through its Worldlink Payment Services. Worldlink Payment Services is used by corporations, financial institutions and governments to process international payments in over 135 currencies. <br /><br />David Nunn, banking services director at Paymaster, said Paymaster and Citigroup will work together to enhance and extend the range and flexibility of services that we offer to our clients. Paymaster has chosen the bank with the largest international network to deliver a market leading international payments service that is fully integrated with the services that we offer to public and private sector clients.</p>