Back to C
Citi Retail Services Renews Private Label Card Program with CITGO

Citi Retail Services and CITGO Petroleum Corporation today announced a multi-year renewal of their long-standing U.S. private label credit card relationship. This extension is the latest in a series of new and renewed partnerships between the recently rebranded Citi Retail Services and leading retailers, such as CITGO, across the country.

“CITGO is one of the leading providers of petroleum products in the United States, and we are thrilled to extend our successful partnership with the company,” said Leslie McNamara, Executive Vice President, Partnership Management, Citi Retail Services. “We are committed to providing top-tier products and services - both now and with exciting new products in the future - and our renewal with CITGO is the latest affirmation that we are living up to that commitment.”

Citi has provided branded payment products to CITGO since 1995. These payment cards not only allow CITGO retail locations to quickly and efficiently process purchases, but they also give customers added convenience and flexibility when buying fuel and convenience store items.

“Trends over the years show a steady increase in consumer preference for paying with credit and debit cards, so with Citi as our partner we are confident that consumers will receive the best products for making their purchases in our locations,” said Gustavo Velásquez, CITGO vice president supply and marketing. “Additionally, our long-standing relationship continues to generate core programs that further enhance the CITGO brand.”

CITGO markets in 27 states plus the District of Columbia through approximately 6,000 locally owned retail locations. Consumers can find information regarding account management and payment, as well as other CITGO-branded payment offers, including CITGO Plus and CITGO Gift Cards, at www.citgo.com/CreditGiftCards.jsp.

Citi Retail Services provides consumer and commercial credit card products, services, and retail solutions to national and regional retailers across the U.S. The business services nearly 90 million accounts for a number of iconic brands, including The Home Depot, Macy’s, and Sears, among others.

About Citi:

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About CITGO:

CITGO, based in Houston, is a refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. The company is owned by PDV America, Inc., an indirect wholly owned subsidiary of Petróleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela.

For more information visit www.citgo.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50204817&lang=en

(c) 2014 Business Wire, Inc., All rights reserved. All of the news releases and other content contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. Any copying or reproduction (other than for an individual user's personal reference), redistribution, reposting or other transmission or communication is expressly prohibited without prior written permission of Business Wire, Inc
Back to C
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki