27 June 2008

Fears for Nectar and Tesco Clubcard company

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The company that has provided cards for the Nectar and Tesco Clubcard loyalty schemes was today set to collapse into administration after being hit by the credit crunch.

Tesco said that ID Data had merely supplied the supermarket with cards and did not run the loyalty scheme. Tesco added that ID Data was one of a number of companies to supply cards for the Clubcard scheme and that customer's loyalty points would not be affected.

ID Data is already the biggest supplier of smart cards to the UK Government.