The company's purpose is to issue and process credit cards and customer cards, process credit cards and customer cards for third parties (third party processing), provide consulting services in the areas of IT/organization, particularly in electronic payment transactions, as well as in marketing and advertising. The company may establish and/or participate in branches and subsidiaries in Switzerland and abroad, and take over their management, provided they correspond to the above-mentioned business purpose. The company is part of the group controlled by UBS Group AG as the parent company. It may promote the interests of the group parent company or other group companies. The company may grant loans, guarantees, and other forms of financing and security to group companies, and raise and invest funds on the money and capital markets.