CHICAGO, IL, October 24, 2007 – Moneris Solutions, one of North America’s largest electronic transaction processors, today announced that Sage Payment Solutions has renewed its merchant processing agreement for services with Moneris. Moneris has been providing bank sponsorship through Harris NA to Sage Payment Solutions (formerly Verus Card Services) for the past several years.
“Both Moneris and Sage share a commitment of excellence to our customers. We are excited to continue our relationship with Moneris and look forward to what the future may bring,” said Bill Wade, president of Sage Payment Solutions.
“We are very pleased that Sage has renewed its contract with Moneris. The strength of our partnership with Sage further solidifies Moneris’ position in providing BIN Sponsorship to large scale, industry-leading, organizations that Sage exemplifies,” said Greg Cohen, president of Moneris Solutions U.S.
About Sage Payment Solutions
Sage Payment Solutions (SPS) has been making accepting electronic payments easy for businesses for over 18 years. SPS helps businesses reach higher revenues by accepting multiple forms of payment including credit and debit cards, electronic checks, gift cards, and automatic recurring payments. Sage Payment Solutions provides a wide range of merchant services including: merchant accounts, equipment, processing solutions for retail, MO/TO and Internet businesses, and valuable customer retention tools like loyalty cards, online reporting and financial resources that ensure business growth. SPS, a division of Sage Software, serves over 115,000 businesses. Please visit www.sagepayments.com for more information.
About Moneris Solutions
Moneris Solutions, Inc. (www.monerisusa.com) has a 40-year history as one of North America’s largest electronic transaction processors, delivering advanced payment card processing capabilities through point-of-sale hardware, payment processing software, e-commerce solutions and a gift and loyalty program. Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small to medium-sized business market through direct sales and strategic partnerships. A joint investment of the Royal Bank of Canada and the Bank of Montreal, which have assets in excess of $700 billion, Moneris Solutions serves more than 350,000 North American merchant locations and has a staff of over 1,100 employees. Moneris’ U.S. headquarters are located outside of Chicago, IL.
| Dave Groobert 202-296-2002 x101 drg@ecius.net |