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Moneris Solutions and Sage Payment Solutions Renew Processing Agreement.


CHICAGO -- Moneris Solutions Moneris Solutions (Solutions Moneris in French) is Canada’s largest processor/acquirer of debit and credit card payment processing. Moneris was established in December 2000 as a joint investment between RBC Royal Bank and BMO Bank of Montreal. Moneris’ U.S. , 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 The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. ) 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 William James Wade (born October 4, 1930 in Nashville, Tennessee) is a former professional American football quarterback. He is best known for being the starting quarterback on the Chicago Bears' 1963 NFL championship team. , 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 cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, president of Moneris Solutions U.S.

About Sage Payment Solutions

Sage Payment Solutions (SPS (Standby Power System) A UPS system that switches to battery backup upon detection of power failure. See UPS.

SPS - Symbolic Programming System. Assembly language for IBM 1620.
) 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 Bank of Canada

Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money.
 and the Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad.
Bank of Montreal/Banque de MontrĂ©al (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I).
, which have assets in excess of $700 billion, Moneris Solutions serves more than 350,000 North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 merchant locations and has a staff of over 1,100 employees. Moneris' U.S. headquarters are located outside of Chicago, IL.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 24, 2007
Words:353
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