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Contacts: David Frankil
703-842-2226
dfrankil@nafcu.org
Dave Horn
703-852-7514
dhorn@sagepayments.com
FOR IMMEDIATE RELEASE
October 1, 2009
Sage Payment Solutions Selected as NAFCU Services Preferred Partner for Merchant Card Services
WASHINGTON — NAFCU Services Corporation (www.nafcu.org/nafcuservices) announced today the addition of Sage Payment Solutions to its Preferred Partner Program.
“The small business community has been underserved by competitors in banking, and as such represents a significant opportunity for credit unions. Beyond traditional lending activities, offering a range of services is an excellent way for credit unions to build new relationships and deepen existing ones,” said David Frankil, president of NAFCU Services. “Merchant card processing is a great way to reach out to businesses, and that’s why we’re so excited to add a company like Sage Payment Solutions as a NAFCU Services Preferred Partner.”
The Sage Payment merchant services program will provide NAFCU members with competitive pricing for its merchant services. The offering will be structured in such a way as to drive revenue for the credit union, while, just as importantly, eliminating all liability. As a provider of small and medium size business software solutions, such as Peachtree Accounting and ACT!, Sage Payment offers incremental marketing opportunities—at no cost to the credit union or end-user member—to help credit unions differentiate and compete against commercial banks.
“Sage Payment Solutions has developed a reputation as an industry leader in providing prompt, friendly, efficient and effective service, and has a proven ability to provide a steady revenue stream,” said Dave Horn, VP of business development and marketing at Sage Payment.
Preferred Partners undergo extensive evaluation and must pass muster with the NAFCU Services Advisory Committee and Board of Directors, made up of NAFCU member credit union CEOs and senior executives.
About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs more than 4,100 people and supports nearly 2.9 million small and medium-size business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 14,500 people and supports 5.8 million customers worldwide. For more information, please visit the Web site at www.sagenorthamerica.com.
About NAFCU Services Corporation
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). Since 1975, NAFCU Services has partnered with the industry's leading solutions providers to offer value-added products and services at a discount to credit unions. Currently, it offers 28 Preferred Partner programs to the credit union community. For more information about NAFCU Services Corporation, please visit www.nafcu.org/nafcuservices.
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