September 06, 2011 08:05 AM Eastern Daylight Time
Partnership will deliver best-in-class business services to help clients increase efficiencies and lower expenses
PRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems® (NYSE: HPY), one of the nation’s largest payments processors, and Marathon National Bank of New York are partnering to offer area businesses best-in-class services that will enable them to improve their operations and increase profitability. Headquartered in Astoria, New York, Marathon is a full-service commercial bank with 13 locations in the greater New York Metropolitan area and New Jersey.
“Marathon is a leading regional bank dedicated to offering unparalleled products and personal service to their customers — as is Heartland”
The strategic partnership provides expanded services to business clients of both companies. Heartland will offer Marathon’s clients credit/debit/prepaid card processing with competitive pricing and payroll processing through its PlusOneSM Payroll online payroll management system. In turn, Heartland will recommend Marathon’s business banking solutions to its merchant customers.
“Marathon is a leading regional bank dedicated to offering unparalleled products and personal service to their customers — as is Heartland,” said Brad Wilson, director of bank alliances at Heartland. “Our ability to offer processing solutions for payroll and card payments under one roof will enable Marathon’s customers to increase operational efficiency and lower their expenses, while our face-to-face sales and servicing approach will ensure each customer has access to local support when they need it.”
Chris Koutsis, Executive Vice President of Marathon, added, “Our paramount goal for over two decades has been to deliver our business customers the products and services they need to successfully operate their businesses. By partnering with Heartland, we can now give our customers access to efficient, cost-effective payments from a trusted processor and a state-of-the-art payroll processing platform in addition to our creative financial solutions. Our customers can concentrate on making their businesses profitable knowing they have a trusted bank and processor behind them. We are excited about this new partnership and the new opportunities for growth — both for our companies and our customers.”
Heartland is committed to educating business owners about the complexities of payments processing so they can effectively manage their costs. Heartland is the founder of The Merchant Bill of Rights (MBOR), a public advocacy initiative to promote fair credit, debit and prepaid card processing practices, and recently launched The Merchant Bill of Rights Payroll Act designed to promote fairness and transparency in payroll processing. Heartland is the exclusive endorsed provider of electronic payment solutions for the National Restaurant Association, more than 40 state restaurant associations, as well as the American Hotel & Lodging Association and more than 200 trade associations and member-based organizations.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processing, gift marketing and loyalty programs, payroll, check management and related business solutions to more than 250,000 business locations nationwide. A FORTUNE 1000 company, Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. The company is also a leader in the development of end-to-end encryption technology designed to protect cardholder data, rendering it useless to cybercriminals. For more information, please visitHeartlandPaymentSystems.com, MerchantBillOfRights.org, CostOfABurger.com and E3secure.com.
About Marathon National Bank of New York
Marathon National Bank of New York, founded in 1989, is a full-service commercial bank serving the financial needs of consumers and business owners in the greater New York Metropolitan area. Marathon firmly believes that its ability to provide high quality customer service in a timely, responsive manner is key to attracting, nurturing, retaining, and growing a solid customer base. For over two decades, Marathon Bank has dedicated itself to this ideal. Through its 13 branch network, Marathon Bank offers creative financial solutions, innovative products and unparalleled personal service to its customers. Marathon National Bank of New York is a member of Piraeus Bank Group, which ranks among the largest financial institutions in Greece. For more information about Marathon National Bank of New York, please visit mnbny.com.
