Three Retailers Renew with Fifth Third Processing Solutions

Oct 06, 2010, 14:21 ET from Fifth Third Processing Solutions

CINCINNATI, Oct. 6 /PRNewswire/ -- Fifth Third Processing Solutions is pleased to announce that the following retailers have recently renewed their multi-year contracts for merchant processing services:

  • Wendy's/Arby's Group, Inc. has renewed its credit card processing agreement for Wendy's International, Inc.  Fifth Third Processing Solutions is pleased to offer processing services for Wendy's® franchises as well.  At Wendy's, customer focus has fueled growth and led to unique, innovative menu offerings.  The Wendy's fresh, made-to-order menu items allow customers to get their meal exactly how they want it, every time.  There are more than 6,500 Wendy's restaurants in operation in the United States and in 20 other countries and territories.  Of these restaurants, nearly 1,400 are operated by Wendy's and approximately 5,150 by Wendy's franchisees.  www.wendysarbys.com

  • Beall's, Inc. has renewed its credit and debit card processing agreement with Fifth Third Processing Solutions.  This extends a processing partnership of nine years. Headquartered in Bradenton Florida, Beall's, Inc. is the parent company of Beall's Department Stores, Inc, Beall's Outlet Stores, Inc., and Burke's Outlet Stores, LLC. The corporation, through its subsidiaries, operates over 500 retail store sites in 14 states across the Sun Belt, from Florida to California with annual sales over one billion dollars. Beall's is a privately held company, rich in tradition, owned by the founding family and its employees. A long history of strong ethical values and commitment to customers, employees and community has earned the Beall's family of stores trust and respect in the marketplace.  www.beallsinc.com

  • Luby's Cafeteria has renewed its credit and debit card processing agreement with Fifth Third Processing Solutions.  Luby's, Inc. operates restaurants under the brands Luby's and Fuddruckers. Its 96 Luby's restaurants are located throughout Texas. Its Fuddruckers restaurants include 58 company operated locations and 130 franchises across the United States and in various countries.  Luby's Culinary Services provides food service management to 17 sites consisting of healthcare, higher education and corporate dining locations.  www.lubys.com

"Especially in a competitive marketplace, we are greatly pleased when our long-term clients renew contracts with our company," said Donald Boeding, President, Merchant Services at Fifth Third Processing Solutions.  "These renewed endorsements validate our commitment to providing quality products and services to some of the most prestigious merchants in the country."

Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world. A pioneer in card payment acceptance in the early 1970s, Fifth Third Processing Solutions is headquartered in Cincinnati, Ohio and is a joint venture with Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB)

As a premier full service payment solutions provider, the Company provides servicing solutions and product engineering for financial institutions' and retailers' credit card, debit card, merchant and private label programs processing over 33.3 billion ATM and point of sale transactions and over $315.5 billion in debit and credit card sales volume annually. The Company supports over 180,000 merchant and financial institution locations and 11,000 ATMs in 44 states and 11 countries. According to the Nilson Report (March 2010), the Company is the third largest U.S. merchant transaction acquirer. Learn more at www.FTPSLLC.com.

SOURCE Fifth Third Processing Solutions



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