CINCINNATI, May 5, 2011 /PRNewswire/ -- National Processing Company (NPC), a Fifth Third Processing Solutions, LLC company, is pleased to announce that it has recently entered into a multi-year Independent Sales Organization (ISO) contract renewal with COCARD Marketing Group, LLC for the provision of debit and credit card processing services to merchants.
Offering a collective approach and an unequaled exit strategy to their partners, COCARD Marketing Group, LLC, has charted a proven course to provide bank card professionals a way to achieve greater success by leveraging buying power and competitive pricing. COCARD, a quickly growing company, recognizes the value of the combined capabilities and expertise that Fifth Third Processing Services Solutions and NPC bring to meeting the unique payment processing needs of experienced sales agents and ISOs.
"COCARD Marketing Group, LLC has partnered with NPC since the founding of our company in 2000," said Rick Pylant, President, COCARD Marketing Group, LLC and Board President of the Electronic Transactions Association (ETA). "We have a solid, long-term relationship based upon their ongoing ability to provide outstanding customer service with unparalleled industry support. Above all, NPC truly understands the nuances of our business. We look forward to continuing our relationship with NPC for many years to come."
"COCARD's contract renewal signals trust in NPC and confidence in our new organization, Fifth Third Processing Solutions," commented Adam Coyle, President of NPC. "Especially in this highly competitive market, we are excited to renew our long term partnership with COCARD to provide support for card processing services to their valued merchant customers and strategic partners."
About COCARD Marketing Group, LLC
COCARD was formed in early 2000 by a group of banking and bank card professionals. With over 100 years of combined payment processing experience, the organization is dedicated to providing unparalleled merchant processing solutions. COCARD is a registered ISO/MSP with some of the industry's largest payment processors allowing COCARD the ability to present an entirely customized, state-of-the-art processing solution, including the latest, most technologically advanced products and software offerings available today.
COCARD has over 90 offices across the country and along with its partners, supports Visa®, MasterCard®, Discover®, American Express®, gift and loyalty card, and check processing. Learn more at www.cocard.net.
About National Processing Company
Based in Louisville, Kentucky, with additional facilities in Houston, Texas and Chicago, Illinois, National Processing Company (NPC) is the largest provider of payment processing services exclusively focused on the small-to-medium merchant processing market. NPC provides a wide range of payment processing services, from point-of-sale credit card and debit card processing to integrated e-commerce solutions. NPC is a subsidiary of Fifth Third Processing Solutions, LLC. Learn more at www.npc.net.
About Fifth Third Processing Solutions
Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world. A pioneer in card payment acceptance in the early 1970s, Fifth Third Processing Solutions is headquartered in Cincinnati, Ohio, and is a joint venture with Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB).
As a premier full service payment solutions provider, the Company provides servicing solutions and product engineering for financial institutions' and retailers' credit card, debit card, merchant and private label programs, processing over 11.4 billion ATM and point of sale transactions and over $378 billion in debit and credit card sales volume annually. Its subsidiary, NPC, is the largest provider of payment processing services exclusively focused on the small-to-medium merchant processing market. The Company supports over 406,000 merchant and financial institution locations and 12,000 ATMs in 46 states and 8 countries. According to the Nilson Report (March 2011), the Company is the largest PIN Debit U.S. acquirer and third largest U.S. merchant transaction acquirer ranked by general purpose transaction volume. Learn more at www.FTPSLLC.com.
CONTACT:
Lynn M. Rhoads, Senior Vice President
Communications Director
513.534.7742
lynn.rhoads@53.com
www.ftpsllc.com
Communications Director
513.534.7742
lynn.rhoads@53.com
www.ftpsllc.com
SOURCE Fifth Third Processing Solutions
