provides bank card payment processing services to merchants in the United States.
It facilitates the exchange of information and funds between merchants and cardholders' financial institutions, providing end-to-end electronic payment processing services, including merchant set-up and training; transaction authorization and electronic draft capture; clearing and settlement; merchant accounting; merchant assistance; and support and risk management services to restaurant, hotel, and retail merchants.
In addition, it offers services, such as gift and loyalty programs, paper check authorization, and payroll processing; and sells and rents point of sale devices and supplies to merchants.
The company sells and markets its payment processing services through a direct sales force of approximately 700 sales professionals.
As of May 31, 2004, it provided payment processing services to approximately 77,000 merchants, located across the United States.
The company was formed as a Delaware corporation in 2000 and is headquartered in Princeton, New Jersey.
