Business Unit to Focus on Channel Partner & Developing Market Card Acceptors
TROY, MI -- North American Bancard (NAB), a "Top 35" bank card acquirer (Source: Nilson Report, March 2008) today announced the creation of a new company division dedicated to serving the electronic payments processing needs of organizations and downstream clients requiring a merchant services segment specialist. The company's Alliance Division will develop and manage channel relationships with value-added resellers, software developers, ASPs, financial institutions, specialty merchants, and others desiring integrated payment solutions paired with meaningful and ongoing merchant account management services.
"Our Alliance Division has been formed in response to the growing presence of POS, order-entry, billing and enterprise management solutions fitted with payment applications," said Marc Gardner, Founder & CEO of North American Bancard. "Integrated solutions are here to enhance productivity and profits -- but bringing it all home requires a tuned-in and responsive payments partner. We're moving to fill the 'issues-ownership' gap so often the by-product of third-party technology intermediations, a deficiency not addressed by the majority of competitors in our service space."
Leading the new division is David L. Tepoorten, a payments industry veteran with 24 years' experience in merchant portfolio, ISO and Acquirer bank management. "North American Bancard has the ideal engine in place to rescue under-serviced merchants in a layered technology marketplace. The payments landscape is populated with many moving parts. Our team is fully conversant in the features and functionality of NAB's multi-platform payments product suite, and adept at managing the various relationship components intrinsic to electronic payments processing."
NAB's Alliance Division will also provide sales channel support via integration and/or processor certification assistance to its partners, working with them to market their payments-enabled applications to targeted clients. "We're in the business of helping our customers outperform their competition," said Tepoorten. "By extension, we show our customers and partners how one can effectively utilize payment options and delivery mechanisms to grow revenues, achieve automation gains, reduce operating expenses and achieve compliance with the rules governing bank card acceptance -- the primary driver behind every merchant's bank card acceptance costs."
About North American Bancard
Headquartered in Troy, Michigan, North American Bancard provides electronic transaction processing and merchant account management services that enable its clients to convert payments acceptance technologies into business solutions. Founded in 1992, North American Bancard leads the way in merchant account acquisition, service & support and deploys its recommended payments products, services, and acceptance strategies for more than 80,000 clients processing more than $6 Billion in credit card, debit card, EBT, check guarantee and conversion, pre-paid/gift and ATM transactions annually. North American Bancard is a registered MSP/ISO of HSBC Bank USA, National Association, Buffalo, N.Y and Wells Fargo Bank, Walnut Creek, CA. For more information, call 1-800-BANCARD, extension 1831.
Contact:
Tom Merten
tmerten@nabancard.com
http://www.NorthAmericanBancard.com
Monday, November 10, 2008
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