2013-01-10 14:58:28 -
Susquehanna Bank Selects NPC/SCS for Merchant Services
Vantiv's Merchant Services Business Expands in the Mid-Atlantic Region
Cincinnati - Jan. 10, 2013 - National Processing Company (NPC), a Vantiv, Inc.
subsidiary (NYSE: VNTV), and Security Card Services, LLC (SCS) announced today
that they have entered into a multi-year agreement with Susquehanna Bank, a
premier provider of banking and financial services, as its exclusive provider of
merchant debit and credit card processing services. Susquehanna Bank, located
throughout the mid-Atlantic region, serves customers and communities at its 261
branch locations. The agreement expands the portfolio of merchant bank branches
that Vantiv serves on the East Coast.
"We are pleased that Susquehanna Bank has chosen NPC and SCS to provide merchant
services to their commercial customers," said James Oberman, NPC Managing
Director. "Susquehanna's strong customer service, combined with our broad
portfolio of merchant services and scale processing, creates a cost-effective
solution that helps Susquehanna further grow their commercial customer base."
Merchant services programs provide the ability for local businesses to accept
various forms of payments such as debit cards, credit cards and gift cards
across various platforms including at retail locations, online and with mobile
devices. The high levels of access and 24/7 support offered by NPC and SCS
provides financial institutions a turnkey, integrated processing solution that
can help their commercial customers meet their business goals. And, with an
advanced reporting tool, these merchant businesses can better plan and manage
their bottom line.
"At Susquehanna, we work every day to ensure our commercial customers have the
payments tools they need to be successful," says Greg Duncan, Executive Vice
President, Chief Operating Officer, Susquehanna Bank. "By partnering with NPC,
our clients are provided high-quality processing solutions that allow them to
focus on doing what they do best, running their businesses."
NPC is one of the largest providers of payment processing services exclusively
focused on the small-to-medium merchant processing market. NPC offers a wide
range of payment processing services to merchants and financial institutions,
from point-of-sale credit card and debit card processing to integrated e-
commerce solutions. More than 200,000 merchants nationwide trust NPC and its
partners to process their electronic payments. Under the agreement, SCS will
provision merchant accounts and help provide customer support to Susquehanna
Bank.
For more information about NPC's merchant services for financial institutions,
please visit npc.net, vantiv.com or Twitter, Facebook, LinkedIn and Google+.
For more information about Susquehanna Bank, please visit susquehanna.net or on
Facebook, LinkedIn or Twitter.
CONTACTS:
Andrew Ciafardini
Director of Public Relations for Vantiv
513.900.5308
andrew.ciafardini@vantiv.com
Kim Hatch
Manager, Corporate Communications for Susquehanna Bank
717.625.6298
communications@susquehanna.net
About Susquehanna Bank
Susquehanna Bank provides banking and financial services at 261 branch locations
in the mid-Atlantic region. It is a subsidiary of Susquehanna Bancshares, Inc.,
a financial services holding company with assets of $18 billion and 3,400
employees. Through Susquehanna Wealth Management, the holding company offers
investment, fiduciary, brokerage, insurance, retirement planning, and private
banking services, with approximately $7.8 billion in assets under management and
administration. Susquehanna also operates an insurance brokerage and employee
benefits company, a commercial finance company and a vehicle leasing company.
For more information, please visit www.susquehanna.net.
About Security Card Services (SCS)
Security Card Services, LLC was founded in 1996 and is headquartered in Oxford,
Mississippi. SCS is focused on providing merchant services through Community
Banks, Credit Unions, and Retail Associations. SCS currently supports nearly
2,000 bank locations providing merchant services for over 15,000 merchant
locations processing nearly $2 billion in volume. As a provider of merchant
services to community banks across the United States, Security Card Services
understands that excellent customer service is vital to the success of a
Merchant Services program. For more information, please visit
www.scservicesllc.com
About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV), is a leading, integrated payment processor
differentiated by a single, proprietary technology platform. Vantiv offers a
comprehensive suite of traditional and innovative payment processing and
technology solutions to merchants and financial institutions of all sizes in the
U.S., enabling them to address their payment processing needs through a single
provider. We build strong relationships with our customers, helping them become
more efficient, more secure and more successful. Vantiv is the third largest
merchant acquirer and the largest PIN debit acquirer based on number of
transactions in the U.S. The company's growth strategy includes expanding
further into high growth payment segments, such as prepaid, ecommerce, mobile
and information solutions, and attractive industry verticals, such as business-
to-business, government, healthcare and education. For more information, visit
www.vantiv.com.
©Copyright Vantiv, LLC. All rights reserved. Vantiv, the Vantiv logo, and all
other Vantiv product or service names and logos are registered trademarks or
trademarks of Vantiv, LLC in the USA and other countries. ®indicates USA
registration.
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NPC Logo:
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Vantiv Wordmark Logo:
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Susquehanna Bank Logo:
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Source: Vantiv, Inc. via Thomson Reuters ONE
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