Universal Debit & Credit Corporation Extends Card Processing Agreement with National Processing Company

Apr 24, 2001, 01:00 ET from National Processing Company

    LOUISVILLE, Ky., April 24 /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 a five-
 year extension of its merchant processing contract with Universal Debit &
 Credit Corporation (UDC).  UDC, a premier Independent Sales Organization (ISO)
 based in Washington DC, markets merchant processing services to retail
 merchants and utilizes NPC as their exclusive credit card transaction
 provider.
     "The Universal Debit & Credit relationship has been built on a similar
 vision that both companies possess -- provide high-quality, superior products
 and outstanding service to the merchant community," said Mark Pyke, executive
 vice president of Merchant Services for NPC.  "ISOs in today's market demand
 high-quality customer service -- leading to minimized merchant attrition and
 maximizing the ISO's residual potential.  NPC will continue to provide value-
 added products and unparalleled service to our independent sales partners,
 making NPC the best choice for organizations looking for a long-term stable
 processor."
     "NPC provides unmatched service and product offerings to both ISO's and
 their merchants," said Lonnie D. Gaddy, co-founder of UDC.  "NPC's focus on
 the regional market, and its support levels for their independent partners
 have been critical to our company's growth strategy.  NPC brings economies of
 scale and unmatched professional expertise to this relationship, and we look
 forward to partnering with NPC for many more years to come."
 
     About Universal Debit & Credit Corporation
     Universal Debit & Credit Corporation co-founded by Lonnie D. Gaddy and
 Carlos Gavidia, has been marketing credit and debit card acceptance, ATM
 services, EBT (Electronic Benefits Transfer), and check services to merchants
 in the Mid Atlantic region since 1994.  UDC currently supports over 110 bank
 locations and cumulatively represents more than 50-years of professional
 bankcard experience.
 
     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.nationalcity.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 .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X14885862
 
 

SOURCE National Processing Company
    LOUISVILLE, Ky., April 24 /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 a five-
 year extension of its merchant processing contract with Universal Debit &
 Credit Corporation (UDC).  UDC, a premier Independent Sales Organization (ISO)
 based in Washington DC, markets merchant processing services to retail
 merchants and utilizes NPC as their exclusive credit card transaction
 provider.
     "The Universal Debit & Credit relationship has been built on a similar
 vision that both companies possess -- provide high-quality, superior products
 and outstanding service to the merchant community," said Mark Pyke, executive
 vice president of Merchant Services for NPC.  "ISOs in today's market demand
 high-quality customer service -- leading to minimized merchant attrition and
 maximizing the ISO's residual potential.  NPC will continue to provide value-
 added products and unparalleled service to our independent sales partners,
 making NPC the best choice for organizations looking for a long-term stable
 processor."
     "NPC provides unmatched service and product offerings to both ISO's and
 their merchants," said Lonnie D. Gaddy, co-founder of UDC.  "NPC's focus on
 the regional market, and its support levels for their independent partners
 have been critical to our company's growth strategy.  NPC brings economies of
 scale and unmatched professional expertise to this relationship, and we look
 forward to partnering with NPC for many more years to come."
 
     About Universal Debit & Credit Corporation
     Universal Debit & Credit Corporation co-founded by Lonnie D. Gaddy and
 Carlos Gavidia, has been marketing credit and debit card acceptance, ATM
 services, EBT (Electronic Benefits Transfer), and check services to merchants
 in the Mid Atlantic region since 1994.  UDC currently supports over 110 bank
 locations and cumulatively represents more than 50-years of professional
 bankcard experience.
 
     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.nationalcity.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 .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X14885862
 
 SOURCE  National Processing Company

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