FIRST TENNESSEE BANK AWARDED CREDIT CARD PROCESSING AGREEMENT FOR DOUBLETREE HOTELS AND RESORTS

DENVER, June 19 /PRNewswire/ -- Doubletree Hotels and Resorts has migrated its credit card processing to First Tennessee National Corporation's Merchant Services Division.

Under the agreement, Doubletree uses First Tennessee Bank's (FTB) (Nasdaq: FTEN) Credit Card Clearing eXchange (C3X) system to process credit card transactions at its properties.

Introduced in 1993, C3X is the only Microsoft(R) Windows-based product in the world that supports all Visa Custom Payment Services (CPS), including Prestigious Lodging, Preferred Customer, Incremental Authorization and Authorization Reversal for U.S. transactions.

FTB is the hospitality industry's largest bank processor of ...

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