CGI and ExxonMobil strengthen partnership for advanced payment and loyalty services
CGI (TSX: GIB.A, NYSE: GIB) has renewed its partnership with ExxonMobil to enhance payment and loyalty services across Europe and Asia Pacific.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CGI (TSX: GIB.A, NYSE: GIB) has renewed its partnership with ExxonMobil to enhance payment and loyalty services across Europe and Asia Pacific. Utilizing the CGI PayPartner360 solution, CGI will provide payment infrastructure to over 13,000 fuel retail sites and engage more than 10 million active users through ExxonMobil's loyalty programs. CGI PayPartner360 facilitates over 1.6 billion fuel transactions annually and supports a variety of payment types, including card, wire, and real-time payments. This collaboration underscores CGI's expertise in secure payment technologies and aims to drive operational efficiency, customer engagement, and sustained growth for ExxonMobil.
Positive
- CGI renews partnership with ExxonMobil, enhancing payment and loyalty services across Europe and Asia Pacific.
- CGI PayPartner360 to support payment infrastructure at over 13,000 fuel retail sites and engage 10 million users.
- CGI PayPartner360 processes over 1.6 billion fuel retail transactions annually.
- Enhanced customization options for ExxonMobil's customers through CGI's secure, PCI-certified platform.
Negative
- None.
Details
News Market Reaction – GIB
The recorded move for GIB in the trading session of this news was -1.49%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom
CGI PayPartner 360 streamlines end-to-end payment processing for enhanced efficiency
"CGI strategically leverages its secure, robust, and Payment Card Industry (PCI)-certified platform to ensure uninterrupted availability for our payment hubs throughout our partner network in
"With CGI PayPartner360, we will continue to offer our services in critical payment infrastructure and loyalty to one of the world's largest energy and petrochemical companies. This partnership demonstrates CGI's ability to continuously deliver state-of-the-art business solutions that combine deep understanding of secure payments technologies and industry-specific requirements to help clients navigate a fast-paced global market," said Andy Schmidt, Vice-President & Global Industry Lead for Banking at CGI.
CGI PayPartner360 processes over 1.6 billion fuel retail transactions per year, across 29 countries worldwide from
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2023 reported revenue is CA
View original content:https://www.prnewswire.com/news-releases/cgi-and-exxonmobil-strengthen-partnership-for-advanced-payment-and-loyalty-services-302182683.html
SOURCE CGI Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.