Two Retailers Renew With Fifth Third Processing Solutions

Jun 03, 2010, 09:00 ET from Fifth Third Processing Solutions, LLC

CINCINNATI, June 3 /PRNewswire/ -- Fifth Third Processing Solutions is pleased to announce that the following retailers have recently signed contract extensions for merchant processing services:

  • Bob Evans Farms, Inc. has renewed its credit and gift card processing agreement with Fifth Third Processing Solutions.   Bob Evans specializes in bringing farm-fresh foods to its customers through its restaurants and retail food products.  Bob Evans Farms, Inc. owns and operates full-service restaurants under the Bob Evans and Mimi's Cafe brand names.  Today Bob Evans owns and operates 569 family restaurants in 18 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the United States, while Mimi's Cafe owns and operates 146 casual restaurants located in 24 states primarily in California and other western states.  Bob Evans Farms, Inc is also a leading producer and distributor of pork sausage and a variety of convenience food items under the Bob Evans and Owens brand names.   www.bobevans.com
  • Caribou Coffee Company, Inc., a customer of Fifth Third Processing Solutions since 2005, has renewed its credit card processing agreement.  Founded in 1992 and headquartered in Minneapolis, Minnesota, they are the second largest company-owned gourmet coffeehouse operator in the United States based on the number of coffeehouses.  Caribou Coffee offers its customers high-quality gourmet coffee and espresso-based beverages, as well as specialty teas, baked goods, whole bean coffee, branded merchandise and related products.  Caribou Coffee focuses on creating a unique experience for customers through a combination of high-quality products, a comfortable and welcoming coffeehouse environment and a unique style of customer service at their 413 company-owned coffeehouses and 123 franchised and licensed locations.  www.cariboucoffee.com  

"We are happy to be continuing our relationship with Fifth Third Processing Solutions," said Nate Hjelseth, Controller at Caribou Coffee Company, Inc.  "During the past five years, Fifth Third Processing Solutions has demonstrated a level of quality service and sense of partnership that made our decision to continue with them an easy decision to make."

"We are always pleased to renew relationships with long-standing national clients such as Bob Evans and Caribou Coffee," said Donald Boeding, President, Merchant Services at Fifth Third Processing Solutions.  "These renewed endorsements validate our commitment to providing quality products and services to the most sophisticated organizations."

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 (Nasdaq: 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, LLC



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