ABN AMRO Merchant Services to Expand Regional Sales Channel
biz.yahoo.com
LANSING, Mich., May 14 /PRNewswire-FirstCall/ -- ABN AMRO Merchant Services (AAMS), a joint venture of ABN AMRO North America, Inc. (AANA) and National Processing Company (NPC®), a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), announced today the planned expansion of its Regional sales channel. Under the terms of the joint venture agreement, AAMS assumed responsibility for all merchant-sales efforts throughout AANA's subsidiary's 400 plus branch network. NPC provides AAMS all merchant- processing services, including both authorization and settlement, of all card- based transactions. NPC is the second largest merchant processor in the world providing merchant credit card processing solutions.
"In addition to the 31 employees that were transitioned as part of the joint venture, we expect to hire approximately 25 to 30 additional Sales Executives within AANA's branch footprint," stated Barbara L. Kuhn, senior vice president and general manager of AAMS. "These Sales Executives will help support the AANA's subsidiary's branches while simultaneously soliciting non- AANA customers to move their processing business to AAMS and their banking relationships to AANA's subsidiaries."
"AAMS customers rely on us to provide solutions that will reduce their total cost of card acceptance and enhance customer satisfaction," said Mark D. Pyke, chief operating officer for NPC. "With NPC's focus and expertise in merchant processing, we are able to bring reliable, customer-centric solutions to current and future AAMS customers." |
