TransFirst® and NIADA Announce Exclusive New Payment Processing Agreement

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Jun 12, 2014, 12:21 ET

HAUPPAUGE, N.Y., June 12, 2014 /PRNewswire/ -- TransFirst, a leading provider of transaction processing services and payment enabling technologies, and the National Independent Automobile Dealers Association (NIADA) announce that they have agreed to a new, exclusive relationship for payment processing solutions.

TransFirst acquired a long-standing non-exclusive agreement to provide processing solutions to NIADA members, which has now become exclusive, with TransFirst providing the same level of service plus additional enhancements including a full suite of credit card processing services, American Express^® Card transactions at the same rate as other payment cards, 24/7/365 U.S.-based live customer support, and state-of-the-art payment processing software and equipment.

"TransFirst is excited to expand upon our relationship with NIADA with this exclusive agreement to deliver cutting-edge payment processing solutions to its members, and we look forward to a long and mutually beneficial relationship with them," says John Shlonsky, president and CEO of TransFirst.

"TransFirst is a highly-valued, long-time NIADA member benefit provider who has exceeded our expectations across all aspects of what we look for in a valued member benefit provider," says Scott D. Lila, Senior VP, Member Services, NIADA. "They have made substantial investments in our program to ensure first-class service, best-in-class merchant services solutions and leading-edge technology services for our members to take advantage of. In recognition of these accomplishments and their long-time commitment to excellence within our member benefit program, we are honored to enter into an exclusive NIADA merchant services provider alliance with them."

About TransFirst (www.TransFirst.com):

A leading provider of secure transaction processing services and payment enabling technologies, TransFirst offers innovative products and services designed with financial institution, independent sales organization, healthcare, e-commerce, government and merchant customers' unique needs in mind. By collaborating with our customers and utilizing strong industry knowledge, we can help them grow their businesses. Founded in 1995, TransFirst continues to attain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TransFirst is headquartered in Hauppauge, New York, and has operations facilities in Aurora, Colorado; Broomfield, Colorado; Tennessee; and Cypress, California; and executive headquarters in Dallas, Texas. Company-wide, TransFirst currently processes approximately $48 billion in annual sales volume for approximately 200,000 merchants and financial institution partners. TransFirst, LLC is a registered ISO/MSP of: Wells Fargo Bank, N.A., Walnut Creek, CA and Synovus Bank, Columbus, GA for Visa and MasterCard transactions only. For additional information, please call 800.745.2659 or visit www.TransFirst.com.

About NIADA (www.niada.com/)

The National Independent Automobile Dealers Association (NIADA), has represented the used motor vehicle industry since 1946. NIADA assists its members in becoming more successful and is the industry's legislative representative for protecting dealer and consumer interests. The association consistently generates valuable industry education and information, along with services and benefits designed to prepare members for an ever-changing marketplace. As a consumer-friendly association, automotive consumer information can be found at autoconsumer.tv.

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SOURCE TransFirst