MCPS PARTNERS WITH ELITE MERCHANT SOLUTIONS
The Woodlands, Texas – January 09, 2013 - Merchants’ Choice Payment Solutions (MCPS), a direct representative of Woodforest National Bank, is pleased to announce that it has recently partnered with Elite Merchant Solutions, giving Elite the ability to provide innovative payment processing strategies, advanced technology solutions, and world-class service to its customers.
“After an exhaustive review process involving several potential partners, we felt that MCPS was the perfect fit for Elite,” says Justin Milmeister, President and CEO of Elite. “We saw many synergies and a common future vision between the two companies and I knew MCPS was the right partner. Elite looks forward to leveraging MCPS’s advanced systems and technology to assist us in our extensive future growth plans,” says Milmeister. “The close relationship between MCPS and its member bank, Woodforest National Bank, is unparalleled and this was also very attractive to us.The entire Elite team looks forward to working with MCPS and its executive team as they have made it clear that Elite will be given the ‘red-carpet-treatment’ to expand our business beyond the success we have experienced in the past. MCPS’s CEO, Chuck Vernon, COO, Todd Linden, and CFO, Giovanni Diano, are class-acts and we clicked right away, which was the ultimate deciding factor for us.”
“With Elite, MCPS is adding a very strong, productive and honorable partner to its ISO base,” says Chuck Vernon, President and CEO of MCPS. Vernon added that “Elite’s President, Justin Milmeister, manages the company on the principles of honesty, integrity and reliability. Since its inception, Elite has experienced an industry low merchant attrition rate directly attributed to its dedication to provide the lowest rates and fees along with unparalleled customer service.”
“Elite, led by founder and CEO, Justin Milmeister, is a great fit for MCPS as their sales and product strategies fit well with our platform approach. Our company looks forward to working with Elite," says Todd Linden, Executive Vice President and Chief Operating Officer at MCPS.
About Elite Merchant Solutions Elite Merchant Solutions operates four full service offices with locations in Michigan, Los Angeles, Kansas and North Hollywood and additionally has several satellite offices around the nation to service its merchants. Elite was founded by Milmeister in 2002 and has since experienced significant growth. The company has received the INC 500/5000 award for being one of the fastest growing privately held companies in the country the last four years and has been included on the Nielson top 100 payment processors for the last five years. Additionally, Elite Merchant Solutions was
recently featured in the Los Angeles Business Journal as the 9th fastest growing privately held company in Los Angeles county. “Our success is directly attributed to the level of service we provide our customers coupled with our low rates and fees”, says Milmeister. “Our motto at Elite is that we would rather make pennies for years than dollars for days so therefore, we price our merchants in a fair manner and they stay with us a very long time.”
About Merchants’ Choice Merchants’ Choice Payment Solutions (MCPS) is a full-service provider of debit and credit card processing. It maintains the most complete suite of processing platforms of any acquirer and can provide interfaces to the most custom of POS solutions. MCPS has all the economies of scale to offer competitive pricing, yet also possesses the agility to respond to merchants’ unique needs. It is one of the top merchant acquirers in the U.S., delivering card processing services to more than 50,000 merchants and 1,000 bank locations in 17 states, processing over $5 billion in sales volume annually.
ISO/MLS Contact (MCPS)
Larry Jones, Senior Vice President of Sales, MCPS 281.895.5924 ljones@mcpscorp.com
ISO Contact (EMS)
Paul Rasidakis, Vice President of Sales, EMS 818.503.4545
paulr@elitedatacorp.com 866.U.ACCEPT
Media Contacts
Shannon Parker, Director of Marketing, MCPS 713.315.1116 sparker@mcpscorp.com
Matthew Radliff, Senior Director of Business Development, MCPS 281.583.4443 mradliff@mcpscorp.com
CHARLES A. VERNON NAMED CHIEF EXECUTIVE OFFICER OF MCPS
The Woodlands, Texas – January 10, 2011 – Merchants’ Choice Payment Solutions (MCPS), also known as Delta Card Services, Inc., a top-ranked merchant services provider, today announced the appointment of Charles A. Vernon to the position of President and Chief Executive Officer effective January 17, 2011.
Mr. Vernon has been affiliated with MCPS for approximately 15 years. He served as Outside Counsel until 2001, after which he acted as In-House Counsel representing MCPS in numerous legal matters. Since 2002, Mr. Vernon has served as General Counsel to Woodforest National Bank, a $3.2 billion financial institution based in Houston, Texas. As counsel for Woodforest, Mr. Vernon has been intimately involved with the day-to-day operations of MCPS and has worked closely with the current executive team.
In making the announcement of Mr. Vernon’s appointment, Robert Marling, Chairman of MCPS, stated, “We are excited that Chuck has agreed to take the position as head of this great company. His familiarity with Merchants’ Choice and his understanding of the electronic payments industry will be instrumental as we continue our rapid growth curve."
TODD LINDEN NAMED CHIEF OPERATING OFFICER OF MCPS
The Woodlands, Texas - December 17, 2010 - Merchants' Choice Payment Solutions (MCPS), also known as Delta Card Services, a top ranked merchant services provider, today announced the promotion of Todd Linden to the position of Chief Operating Officer effective immediately.
Prior to joining MCPS, Mr. Linden held the position of Senior Vice President of Business Development for EVO Merchant Services. Prior to that, Mr. Linden served as Senior Vice President and Division Manager of Operations at NPC, president and COO of Card Commerce International, and held several key management positions at Bank of America Merchant Services.
Mr. Linden has served on the ETA Board of Directors, the ETA Advisory Board and has chaired several industry related committees; including the ETA Government Relations Committee.
When asked about his new position, Mr. Linden stated, “I’m excited to be given this opportunity at such a strong, growth-oriented company. With our recent improvements in technology, agent relationship management and product innovation MCPS is well positioned to become the next Super ISO in the payments industry.”
MERCHANTS' CHOICE PAYMENT SOLUTIONS COMPLETES CONVERSION OF ACQUIRED AGENT BANKS
The Woodlands, Texas - May 11, 2010 - Merchants' Choice Payment Solutions (MCPS), announced today that the conversion of over 200 agent banks acquired from Silverton Bank of Atlanta, Georgia has been successfully completed. MCPS purchased the Agent Bank portfolio and several thousand merchants in October 2009.
"The Silverton project provided us with some great insights into the resources and teamwork necessary to achieve a successful transition. Our team gained invaluable experience and confidence as a result of this effort. We are hopeful, and eager, to find a similar opportunity in the near future," said Stan Paur, president and CEO of Merchants' Choice Payment Solutions.
Paur added that MCPS intends to leverage its relationships with bankers and financial industry associations to expand their agent banking program. The MCPS Agent Bank Program delivers premium payment processing products and services behind the scenes enabling financial institutions to focus on their core business banking relationships. MCPS has become a trusted partner with our agent banks by providing state-of-the-art technology with innovative payment solutions.
MERCHANTS' CHOICE PAYMENT SOLUTIONS ACQUIRES SILVERTON BANK PORTFOLIO OF AGENT BANKS
The Woodlands, Texas - November 9, 2009 - Merchants' Choice Payment Solutions (MCPS), announced the acquisition of the portfolio of agent bank relationships from Silverton Bank in Atlanta, Georgia.
“We are excited to have the opportunity to serve Silverton's agent banks and their merchant customers,” said Stan Paur, president and CEO of Merchants’ Choice Payment Solutions. “We will be working with the Silverton staff to insure an efficient and seamless transition over the next few months. I believe the financial institutions and their merchants will be very pleased with the levels of support and the quality of service they receive from MCPS.”
The acquisition brings Silverton’s agent banks and merchant customers into an existing network that delivers premium payment processing behind the scenes while banks retain their business banking relationships. The move adds several hundred banking institutions and several thousand merchants to the MCPS agent bank program. MCPS offers a wide array of credit, debit, check, and other payment services across multiple industries. Paur added that the acquisition of the Silverton portfolio represents the first of a number of initiatives to expand the MCPS agent bank and merchant bank program.
The integration will continue through the end of the year as Merchants’ Choice works to provide immediate value for their new merchant customers and agent bank partners.
MERCHANTS' CHOICE ANNOUNCES CORPORATE REBRANDING INITIATIVE
The Woodlands, Texas – August 3, 2009 — Merchants’ Choice Card Services (MCCS), a top-ranked merchant services provider sponsored by Woodforest National Bank, announced that effective today it is has changed its name to Merchants’ Choice Payment Solutions (MCPS).
Stan Paur, MCPS’ new President and CEO states, “Merchants’ Choice Payment Solutions was chosen as our new name because it truly reflects the fact that our company has expanded beyond just credit card payment processing to the ability to provide an array of credit, debit and other payment services.”
Robert E. Marling, Jr., Chairman of MCPS and CEO of Woodforest National Bank said, “This year MCPS is celebrating our 20th year in the payment processing industry and the fact that we have grown to be one of the premiere merchant acquirers. We feel this change in corporate identity demonstrates the breadth of our product and service offerings and our future strategic direction.”
“We have a great company providing outstanding, high-value payment solutions and support services to tens of thousands of merchants across the United States. Our intent is to leverage the professional staff and our outstanding service to become the preferred provider for the merchant community,” added Mr. Paur.
Our new business identity incorporates an expansion of products and services as well as a new corporate web address and email domain with mcpscorp.com. MCPS has nearly 100 employees and over 300 sales offices providing electronic payment solutions to merchants including but not limited to retailers, restaurants, physicians, dentists, gas stations and convenience stores, auto repair facilities, lodging, beauty/barber shops, medical services, and veterinarians.