| Pipeline Data Renews Agreement with First Data
QUINCY, Mass.--(BUSINESS WIRE)--Pipeline Data Inc. (OTCBB:PPDA), a valued-added provider of merchant payment processing services and other related software products, announced today that is has renewed its merchant processing agreement with CTS Holdings, LLC, a subsidiary of First Data Corp. (NYSE: FDC). First Data will continue to provide comprehensive card processing services to Pipeline's merchant account base. "We are very pleased to continue our successful partnership with First Data," said Pipeline's chief executive officer, MacAllister Smith. "As an acknowledged leader in the card processing industry, First Data provides the advanced technology and dedicated service that helps us meet the needs of our merchants." "We look forward to extending our relationship with Pipeline Data through the continued inclusion of First Data card processing in its integrated suite of merchant services," said Rick Learch, senior vice president, First Data Commercial Services.
Newtek Inks Merchant Acquiring Pact With Discover Financial ...
6/25/2007 3:48:12 PM Newtek Business Services, Inc. (NEWT) on Monday said that its electronic payment processing division, under the Newtek brand, signed a merchant acquiring agreement with Discover Financial Services, a business unit of Morgan Stanley (MS). The company stated that the agreement would allow Newtek Electronic Payment Processing to offer an integrated payment card processing package that includes Discover Network card acceptance to all of its customers.
Under the terms of the agreement, Newtek Electronic Payment Processing would offer small to mid-sized businesses the convenience of consolidated statements, combined settlement, and customer service. Newtek Electronic Payment Processing would have full responsibility for pricing, processing, settlement, risk management and customer service for the customer accounts.
Former would-be boomtown may get second chance
Georges of today is an abridged version. Straddled by the giant iron bridge that divided and conquered it, St. Georges has the distinct feel of a chapter torn from a larger book and left with its faded pages fluttering in the wind. To truly see the town of St. Georges is to see what a difference one fateful day makes. There was a time, not too terribly long ago, when St. Georges was a boomtown. In those days, Du Pont Highway carried traffic through the town instead of over it. A lift bridge connected the canal's north and south banks, and the town prospered. "They say you couldn't even back your car out of the driveway in summertime because of the traffic," said Erik Dressler, past president of the St. Georges Civic Association. In that chapter in town history, there were nine gas stations and two hotels in town.
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