National Processing Company Selects U.S. Wireless Data for Wireless Point-of-Sale Transactions
NEW YORK--(BUSINESS WIRE)--June 6, 2001--U.S. Wireless Data, Inc. (USWD) (OTC: USWE) and National Processing Company, (NPC(R)) a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), have today announced a multi-year agreement in which USWD will provide Synapse(SM) wireless transaction products and services to NPC, enabling NPC to offer wireless card payment acceptance to its over 500,000 merchant customer base.
USWD's Synapse services facilitate fast activation of wireless credit card terminals, and the routing and online reporting of wireless transactions. "USWD's technology infrastructure is unique in the wireless industry," stated Mike McEvoy, chief information officer for NPC. "This agreement ensures that our customers can enjoy the speed, mobility and savings that wireless provides."
"We are proud of NPC's support of our service and technology," stated Christopher O'Hara, president of USWD. "NPC's continued growth and industry position is a testament to their commitment to superior customer service, innovation and operational excellence. I am confident that our relationship will help both companies continue to expand market share, while providing excellent value to retailers."
About National Processing, Inc.
National Processing, Inc. through its wholly owned operating subsidiary, National Processing Company (NPC(R)) is a leading provider of merchant credit card processing. National Processing is 87 percent owned by National City Corporation (NYSE: NCC) (www.nationalcity.com), a Cleveland based $91 billion financial holding company. NPC supports over 500,000 merchant locations, representing nearly one out of every five Visa(R) and MasterCard(R) transactions processed nationally. NPC's card processing solutions offer superior levels of service and performance and assist merchants in lowering their total cost of card acceptance through our world-class people, technology and service. Additional information regarding National Processing can be obtained at www.npc.net. |