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Technology Stocks : NAP: National Processing, Inc.
NAP 2.500+0.7%Dec 13 4:00 PM EST

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From: JakeStraw7/24/2003 9:42:31 AM
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Sheetz, Inc. Signs with National Processing Company for Credit, Debit and Fleet Card Processing
Thursday July 24, 8:50 am ET
biz.yahoo.com

LOUISVILLE, Ky., July 24 /PRNewswire-FirstCall/ -- National Processing Company (NPC®), a leading provider of merchant credit and debit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), announced the signing of a multi-year credit and debit card processing agreement with Sheetz, Inc. NPC will provide authorization and settlement services for credit and debit card transactions accepted at all locations.

Founded in 1952 by Bob Sheetz, Sheetz, Inc. has grown to be one of the industry's leading quick service retailers. By employing a company tradition of 'Total Customer Focus' (TCF) and in-store innovations, Sheetz has positioned itself to aggressively grow while still meeting the evolving needs of its customers. Every store features a state-of-the-art touch screen ordering system for their Made-to-Order menu. This technology combined with upgraded back office software and fast checkout scanning systems allows Sheetz to service their customers better and faster than the competition.

"We are excited about the opportunity to provide a credit and debit card processing solution to Sheetz," said Tim Munto, senior vice president and general manager of National Sales for NPC. "Sheetz's management understands the importance of providing customers quality products in a fast and friendly environment. Similarly, NPC believes in providing superior products and exceptional service."

"Our stores offer quality food and petroleum products in a fast and convenient quick service environment," said Rich Steckroth, new business development manager of Sheetz. "We invest in the technology which allows our customers to quickly order and pay for the Made-to-Order menu items and petroleum products they choose. NPC's merchant processing solution supports the multiple types of electronic payments our customers demand and fits right in with our existing payments platform. We look forward to realizing additional benefits from choosing a processor like NPC, who has earned a strong voice and reputation among the card associations and the petroleum industry."
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