Thornton Oil Corporation Signs with National Processing Company for Card Processing

Apr 05, 2001, 01:00 ET from National Processing Company

    LOUISVILLE, Ky., April 5 /PRNewswire/ -- National Processing Company
 (NPC(R)) a leading provider of merchant credit card processing and a wholly
 owned subsidiary of National Processing, Inc. (NYSE:   NAP) announced the
 signing of a multi-year agreement with Thornton Oil Corporation to provide
 credit and debit card payment processing.  Under the agreement, NPC will
 provide settlement services for all Visa(R), MasterCard(R) and debit card
 transactions.
     Thorntons, headquartered in Louisville, Ky., is one of the nation's
 leading regional convenience store chains, operating 134 stores in five
 states.  Thorntons will benefit from NPC's extensive experience and leadership
 providing processing solutions for the petroleum/convenience store industries.
     "NPC is excited about regaining the Thorntons account after a brief
 hiatus," said Mark Pyke, executive vice president of Merchant Services for
 NPC.  "NPC got its start processing credit card payments for the petroleum
 industry in the 1960s, and has a long history of providing high quality
 payment solutions that minimize costs associated with card acceptance.  Our
 clients benefit from NPC's processing scale and efficiencies, coupled with
 superior quality and performance."  Mike Rodgers, Vice President Sales
 Planning for Thornton Oil Corporation said, "We are very pleased with renewing
 our electronic payment processing business with NPC.  NPC has demonstrated
 proven leadership and expertise, and has shown a willingness, through
 flexibility, to meet our processing needs."
 
     About Thornton Oil Corporation
     Thornton Oil Corporation was founded in 1971 by Chairman, James H.
 Thornton.  Headquartered in Louisville, KY, Thornton's operates in five
 states, Kentucky, Ohio, Indiana, Illinois and Connecticut.  With over
 $650,000,000 in annual revenue, Thornton's ranks among the 500 largest
 privately held firms in the United States.  They are one of the largest
 independent convenience store and gasoline marketers in the country and rank
 in the top ten percent in nearly every industry key performance indicator
 reported by the National Association of Convenience Stores (NACS).
 
     About National Processing Company
     NPC is a leading provider of merchant credit card processing.  NPC is
 87 percent owned by National City Corporation (NYSE:   NCC)
 ( www.national-city.com ), a Cleveland based $89 billion financial holding
 company, supporting over 500,000 merchant locations, representing nearly one
 out of every five Visa(R) and MasterCard(R) transactions processed nationally.
 NPC's card processing solutions offer superior levels of service and
 performance and assist merchants in lowering their total cost of card
 acceptance through our world-class people, technology and service.  Additional
 information regarding NPC can be obtained at www.npc.net .
 
 

SOURCE National Processing Company
    LOUISVILLE, Ky., April 5 /PRNewswire/ -- National Processing Company
 (NPC(R)) a leading provider of merchant credit card processing and a wholly
 owned subsidiary of National Processing, Inc. (NYSE:   NAP) announced the
 signing of a multi-year agreement with Thornton Oil Corporation to provide
 credit and debit card payment processing.  Under the agreement, NPC will
 provide settlement services for all Visa(R), MasterCard(R) and debit card
 transactions.
     Thorntons, headquartered in Louisville, Ky., is one of the nation's
 leading regional convenience store chains, operating 134 stores in five
 states.  Thorntons will benefit from NPC's extensive experience and leadership
 providing processing solutions for the petroleum/convenience store industries.
     "NPC is excited about regaining the Thorntons account after a brief
 hiatus," said Mark Pyke, executive vice president of Merchant Services for
 NPC.  "NPC got its start processing credit card payments for the petroleum
 industry in the 1960s, and has a long history of providing high quality
 payment solutions that minimize costs associated with card acceptance.  Our
 clients benefit from NPC's processing scale and efficiencies, coupled with
 superior quality and performance."  Mike Rodgers, Vice President Sales
 Planning for Thornton Oil Corporation said, "We are very pleased with renewing
 our electronic payment processing business with NPC.  NPC has demonstrated
 proven leadership and expertise, and has shown a willingness, through
 flexibility, to meet our processing needs."
 
     About Thornton Oil Corporation
     Thornton Oil Corporation was founded in 1971 by Chairman, James H.
 Thornton.  Headquartered in Louisville, KY, Thornton's operates in five
 states, Kentucky, Ohio, Indiana, Illinois and Connecticut.  With over
 $650,000,000 in annual revenue, Thornton's ranks among the 500 largest
 privately held firms in the United States.  They are one of the largest
 independent convenience store and gasoline marketers in the country and rank
 in the top ten percent in nearly every industry key performance indicator
 reported by the National Association of Convenience Stores (NACS).
 
     About National Processing Company
     NPC is a leading provider of merchant credit card processing.  NPC is
 87 percent owned by National City Corporation (NYSE:   NCC)
 ( www.national-city.com ), a Cleveland based $89 billion financial holding
 company, supporting over 500,000 merchant locations, representing nearly one
 out of every five Visa(R) and MasterCard(R) transactions processed nationally.
 NPC's card processing solutions offer superior levels of service and
 performance and assist merchants in lowering their total cost of card
 acceptance through our world-class people, technology and service.  Additional
 information regarding NPC can be obtained at www.npc.net .
 
 SOURCE  National Processing Company

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