ShopKo Stores, Inc. Signs With National Processing Company for Merchant Processing
Thursday September 19, 8:50 am ET
biz.yahoo.com
LOUISVILLE, Ky., Sept. 19 /PRNewswire-FirstCall/ -- National Processing Company (NPC®), a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), announced the signing of a multi-year credit card processing agreement with ShopKo Stores, Inc. (NYSE: SKO). Under the terms of the agreement, NPC will provide authorization and settlement services for all VISA® and MasterCard® transactions at 365 ShopKo and Pamida store locations in 23 states.
"ShopKo and Pamida stores offer a unique shopping environment that focuses on customer convenience," said Tim Munto, senior vice president of Multi-Lane Sales for NPC. "We are honored to be selected as their merchant processor. NPC understands and embraces the importance of delivering cost-effective solutions along with exceptional customer service."
"NPC has a proven track record and we are confident that they will assist us in managing our costs and maintaining our standards of service that our customers have come to expect," said R. John Pindred, treasurer of ShopKo Stores, Inc. "Few processors in the industry have maintained as many long- term customer relationships as NPC." |
