National Processing Company Signs Long Term Contract With Strategic Payment Systems

CINCINNATI, Nov. 2, 2011 /PRNewswire/ -- National Processing Company (NPC), a Vantiv, LLC subsidiary, is pleased to announce that it has recently signed a new multi-year Independent Sales Organization (ISO) contract with Strategic Payment Systems for the provision of debit and credit card processing services to merchants.

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Strategic Payment Systems, a newly formed company by two of the original founders of COCARD Marketing Group, provides support to ISOs of all sizes with innovative products and new marketing approaches. Based upon the companies' solid, long-term relationship, the Strategic Payment Systems' leadership team selected NPC to deliver outstanding customer service and unparalleled industry support. Further, Strategic Payment Systems recognizes the value of the combined capabilities and expertise that Vantiv and NPC bring to meeting the unique payment processing needs of experienced sales agents and ISOs.

"We are extremely excited about our new multi-year agreement with NPC," commented Rick Pylant, Chairman of Strategic Payment Systems.  "We chose NPC for their excellent customer service, ease in doing business and simple application boarding. They are a strong supporter of the ISO marketplace and take an active role in helping us achieve our goals for growth."

"We are delighted to be chosen by Strategic Payment Systems (SPS) to deliver payment solutions to their extensive ISO network," said Jim Oberman, NPC's Chief Operating Officer. "We look forward to working with SPS to help them be more efficient and more successful; maximizing their effectiveness and minimizing risks in today's fast-changing and competitive marketplace."

About Strategic Payment Systems

Strategic Payment Systems, Inc. is based in Canton, Massachusetts.  Rick Pylant is the Chairman and Jon Stevens is the Chief Executive Officer of the company.  Pylant is also the current President of the Electronic Transactions Association.  They can be reached at [email protected].

About Vantiv, LLC

Vantiv, LLC is one of the leading integrated payment processors to businesses and financial institutions of all sizes in the United States.  Formerly known as Fifth Third Processing Solutions, LLC, since 1971 Vantiv has provided payment processing solutions to its clients.  Headquartered in Cincinnati, Ohio, Vantiv, LLC is a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB). 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.

CONTACT:
Lynn M. Rhoads, Senior Vice President
Communications Director
513.900.4942
[email protected]

SOURCE Vantiv

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