Romacorp, Inc. Signs Processing Agreement with National Processing Company for its Tony Roma's(R) Restaurants biz.yahoo.com
LOUISVILLE, Ky., July 24 /PRNewswire/ -- 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 Romacorp, Inc., for its Tony Roma's Famous for Ribs® restaurants. Under the terms of the agreement, NPC will provide merchant processing solutions for Romacorp's Tony Roma's Visa® and MasterCard® transactions.
NPC will provide front-end authorization and settlement services to company and participating franchised Tony Roma's restaurant locations. NPC has made significant investment in developing innovative products and services specifically for the restaurant industry.
``We are looking forward to being a part of the NPC family, benefiting from its leadership, industry expertise and economies of scale,'' said Richard A. Peabody, chief financial officer for Romacorp, Inc. ``Like us, NPC strives to understand the needs of its customers and provide unique solutions that its customers want.''
``NPC is delighted to sign yet another premier restaurant group to its portfolio,'' said Drew Soinski, senior vice president of Travel and Entertainment for NPC. ``Our commitment to the restaurant industry and expertise in understanding its needs, has allowed us to experience dramatic growth in this sector. NPC will continue its commitment and continue to provide innovative cost-effective merchant processing solutions for this industry.''
``Once again, NPC has demonstrated its leadership in merchant processing for the restaurant industry,'' said Mark Pyke, executive vice president of Merchant Services for NPC. ``We are delighted to sign yet another premier dining establishment like Tony Roma's |
