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Technology Stocks : NAP: National Processing, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (41)10/2/2002 8:59:35 AM
From: JakeStraw  Read Replies (1) | Respond to of 72
 
Target Renews Merchant Processing Agreement with National Processing Company
Wednesday October 2, 8:50 am ET
biz.yahoo.com
LOUISVILLE, Ky., Oct. 2 /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 renewal of a multi-year EBT, credit and debit card processing agreement with Target Corporation (NYSE: TGT - News). Under the terms of the agreement, NPC will continue providing authorization and settlement services for all MasterCard® and Visa® transactions, accepted via in-store sales for all company locations, except those related to the Target VISA card.

"We have enjoyed a long term relationship with Target, and are honored to have been selected as their merchant processor for over 14 years," said Mark D. Pyke, chief operating officer for NPC. "We work closely with our customers to truly understand each ones' card processing needs. This personalized service translates to savings, in both time and money, thus allowing our customers to concentrate on other issues vital to their business."