National Processing Company Signs Long Term Contract Extension with Select Merchant Services, Inc.
Lynn M. Rhoads, Senior Vice President
Cincinnati, Ohio, July 25, 2011 – National Processing Company (NPC), a Vantiv, LLC company, is pleased to announce that it has recently renewed a multi-year Independent Sales Organization (ISO) contract renewal with Select Merchant Services, Inc. dba Retriever Merchant Solutions for the provision of debit and credit card processing services to merchants.
With a strong commitment to superior customer service and long-term growth, Select Merchant Services provides a full suite of industry-leading merchant services. One of NPC’s partners for more than a decade, Select Merchant Services appreciates the value that the combined capabilities and expertise of Vantiv, LLC and NPC bring to meeting the unique payment processing needs of small and medium enterprise (SME) businesses.
“I have been a member of the NPC family for almost 12 years and I am thrilled to be working with the combined NPC and Vantiv Leadership Team. I have seen the tremendous synergy and service that has been demonstrated already and look forward to continuing the relationship for many years to come,” said Brian Kamstra, President of Select Merchant Services. “Today more than ever ISOs need to have a partner they can trust in all aspects of business. NPC has been, is, and will be that kind of partner for me. I’m excited to extend my relationship with NPC for what I hope to be the rest of my career.”
“Select Merchant Services has been a valued partner for many years and we are very excited they have made a long term commitment to the future by extending this relationship for multiple years,” commented Adam Coyle, President of NPC. “We remain fully committed to providing the support and payment options to their valued customers in the SME market.”
About Select Merchant Services
Select Merchant Services, Inc. (SMS) was established in March 1994. What began as a small sales office with one employee and two sales representatives has evolved into a vibrant ISO with over 50 employees, 100 sales representatives, and 17,000 merchants. SMS has a 26-person call center that sets leads for outside representatives and will soon start a second call center to double the amount of leads that are distributed to the sales force. SMS has always focused on the small to medium sized merchant niche and has specialized in giving personal support to all of its representatives.
About National Processing Company
Based in Louisville, Kentucky, with additional facilities in Houston, Texas and Chicago, Illinois, National Processing Company (NPC) is one of the largest providers 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 Vantiv, LLC. Learn more at www.npc.net.
Vantiv, LLC is one of the largest providers of payment strategies and technology solutions for financial institutions and businesses worldwide. Formed in 1971 and most recently known as Fifth Third Processing Solutions, LLC, the Company builds strategic partnerships with its customers, helping them become more efficient, more secure and more successful. Headquartered in Cincinnati, Ohio, Vantiv, LLC is a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB).
Vantiv, LLC supports more than 400,000 merchant and financial institution locations and 12,000 ATMs in 46 states and 8 countries. The company processes more than 11.4 billion ATM and POS transactions and nearly $400 billion in debit and credit sales volume annually. Its subsidiary, NPC, is the largest provider of payment processing services exclusively focused on the small-to-medium merchant processing market. 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. For more information, visit www.vantiv.com.