NPC Signs Preferred Provider Contract with Strategic Payment Systems

CINCINNATI, May 21, 2012 /PRNewswire/ -- NPC, a Vantiv, Inc. subsidiary (NYSE: VNTV), is pleased to announce that it has recently signed a new long term preferred provider Independent Sales Organization (ISO) contract with Strategic Payment Systems (SPS) for the provision of debit and credit card processing services to merchants.   NPC additionally arranged long term financing for SPS.

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"We are extremely excited about our expanded and long term relationship with NPC," commented Rick Pylant, Chairman of Strategic Payment Systems and Immediate Past-President of the Electronic Transactions Association (ETA) Board of Directors.  "We chose NPC because they are uniquely positioned to help us meet our challenges today and yet stand ready to facilitate opportunities for future growth.  They are a partner we trust."

Strategic Payment Systems provides support to ISOs of all sizes with innovative products and new marketing approaches.  Based upon the companies' solid, long-term relationship, the SPS's leadership team expanded its relationship with NPC to position itself for growth and innovation in the payments industry.   Further, SPS recognizes the value of the capabilities and expertise that NPC brings to meeting the unique capital and payment processing needs of experienced ISOs and sales agents.

"Our experience, industry leadership and proven history of success are what clients look for in a valuable partner," said James Oberman, NPC Managing Director.  "But what differentiates us is our desire to know and understand their business, their goals, how they work today, and how we can work in tandem to improve tomorrow.  We are delighted to expand our SPS relationship, delivering payment solutions to their extensive ISO network."

NPC is one of the largest providers of debit card and credit card acceptance in the U.S. dedicated exclusively to the small-to-medium merchant market. NPC has longevity and experience in the payments industry.  Currently, more than 200,000 merchants nationwide trust NPC and its partners to process their electronic payments.

About Strategic Payment Systems
Strategic Payment Systems, Inc. is an ISO for ISOs, based in Canton, Massachusetts providing a full array of products and services to the ISO community. Rick Pylant is the Chairman and Jon Stevens is the Chief Executive Officer of the company. Pylant is also the past President of the Electronic Transactions Association. They can be reached at [email protected].

About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV), is a leading, integrated payment processor differentiated by a single, proprietary technology platform.  Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S., enabling them to address their payment processing needs through a single provider.  We build strong relationships with our customers, helping them become more efficient, more secure and more successful.  Vantiv is the third largest merchant acquirer and the largest PIN debit acquirer based on number of transactions in the U.S.  The company's growth strategy includes expanding further into high growth payment segments, such as prepaid, ecommerce, mobile and information solutions, and attractive industry verticals, such as business-to-business, government, healthcare and education. For more information, visit www.vantiv.com.

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CONTACT: Lynn Rhoads, Senior Vice President, +1-513-900-4942, [email protected]

SOURCE Vantiv, Inc.