Vantiv, Inc. : Vantiv, Inc. : Susquehanna Bank Selects NPC/SCS for Merchant
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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
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
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.
Director of Public Relations for Vantiv
Manager, Corporate Communications for Susquehanna Bank
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
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
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.
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all other Vantiv product or service names and logos are registered trademarks
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Source: Vantiv, Inc. via Thomson Reuters ONE
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