The purpose of the company is to provide processing and service activities, primarily in the field of cashless payment systems and payment instruments, in particular through: The processing of card business for third parties (third party processing) as well as on its own account, consulting in the areas of IT/organization, in particular in electronic payment transactions as well as in marketing and advertising in connection with card business, collection services for third parties. 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.