The Green Sheet Online Edition
June 6, 2010 • 10:06:02
10 Years ago in
The Green Sheet
HPS buys out Heartland Bank
In May of 2000, Heartland Payment Systems Inc. dissolved its relationship with Heartland Bank. The two organizations agreed to end their partnership on all levels, except to establish a servicing agreement for mutual merchant customers and to develop a mutual agent bank servicing relationship. Princeton, N.J., became the new headquarters for HPS.
Electronic check conversion escalates
NACHA - The Electronic Payments Association reported that between January 1998 and January 2000, the number of check conversions grew from less than 50,000 per month to more than 1.5 million monthly. During the same period, the number of business locations signed up for check conversion grew from 515 to 24,656.
S&S Bankcard enters e-commerce
Coinciding with the emergence of the dot-com era, merchant service providers such as S&S Bankcard Systems added new services for this burgeoning sales channel. S&S introduced its fully integrated e-commerce solutions for businesses engaged in Internet commerce.
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
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