Merrick Bank is a top-50 issuer of Visa® cards, as well as an authorized issuer of MasterCard® cards.
Merrick Bank has been in the merchant credit card business since 1999 and has experienced steady growth and consistent profitability.Ībout Merrick Bank Merrick Bank was founded in 1997 and is a premier issuer of non-prime credit cards. acted as the data processor for the VISA and MasterCard merchants in this portfolio and will continue to process for them in the Merrick relationship.
#CARDWORKS MERRICK BANK SOUTH JORDAN IT ISO#
We look forward to supporting the continued growth of both our new and existing ISO customers.”ĬardSystems, Inc. Horn continued: “The Bank’s ability to clear transactions for a broad range of merchants makes us an attractive partner for ISOs. The Bank will now serve 70,000 merchants following the transaction’s completion.” “This portfolio acquisition demonstrates the success of our ongoing strategy to expand the Bank’s merchant business through relationships with high quality ISOs. “We are very pleased to be able to assume and service these ISO and merchant relationships,” said Fred Horn, Senior Vice President of Merrick Bank. Through this acquisition, twenty-two of Provident Bank’s ISOs, merchants, and their associated transaction volume will now be administered by Merrick Bank. SOUTH JORDAN, UT – Merrick Bank, a subsidiary of CardWorks and an issuer of MasterCard and VISA credit cards, announced today that it has acquired a portion of Provident Bank’s VISA and MasterCard Independent Sales Organizations (ISOs) sponsorship merchant business. Collections & Recovery Newsletter (for Lenders).
#CARDWORKS MERRICK BANK SOUTH JORDAN IT FREE#
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