Deluxe to accelerate growth with multiple HP PageWide Web Press T250 HD deal
January 27 2022 - 9:00AM
Deluxe, a Trusted Payments and Business Technology™ company,
announced today its accelerating competitive product
differentiation and development in its Check and Promotional
Solutions businesses by adding digital and print-on-demand
capabilities with the addition of a series of HP PageWide Web Press
T250 HD with HP Brilliant Ink this year.
The new HP technology and equipment will extend existing Deluxe
capabilities and enable new product development. With the HP
PageWide Web Press T250 HD with HP Brilliant Ink – the first of
which has been installed in its Kansas City facility – Deluxe
production options expand to include faster implementation of new
products and customer services, expanded check designs, four-color,
two-sided bound inserts for advertisement, promotion and more.
“While Deluxe transforms into a digital Payments company, we are
making responsible investments in our Check and Promotional
Solutions production to extend our long-term competitive
advantages,” said Tracey Engelhardt, President of Checks,
Deluxe.
These new capabilities will enable revenue gains for Deluxe over
time, both from competitive takeaways and cross-selling to its
existing four million small business and 4,000 financial
institution customers.
“Deluxe and HP are innovative, creative partners, so it was a
natural fit for us to tap their next generation technology in order
to further extend our market leadership,” said Garry Capers,
President of the Cloud and Promotional Solutions, Deluxe.
“Checks remain a critical part of the payment ecosystem
according to the Federal Reserve. Deluxe plays a leading role
shipping more than 120,000 packages of checks each day to our
customers and their customers. The HP T250 helps Deluxe further our
leadership not only in the US, but Canada as well where we have had
significant competitive wins,” Engelhardt said.
As the inventor of the check book, Deluxe has long been known as
the Original Payments Company™. Along with automated accounts
receivable and accounts payable solutions, human resources and
payroll solutions, data and cloud services and more, the addition
of best-in-class print technology from HP further deepens the
Deluxe suite of services that help businesses and consumers pay,
get paid and grow.
Carles Farre, Vice President and General Manager HP PageWide
Press said, “We’re pleased to continue working with an innovative
strategic partner like Deluxe and happy they have chosen the HP
PageWide Web Press T250 HD with HP Brilliant Ink. Having a
long-standing relationship with Deluxe, we’re excited to see their
continued expansion plans as one of the pioneers in the industry
enhancing their digital print and payment solutions.”
About Deluxe CorporationDeluxe, a Trusted
Payments and Business Technology™ company, champions business so
communities thrive. Our solutions help businesses pay and get paid
and grow. For more than 100 years, Deluxe customers have relied on
our solutions and platforms at all stages of their lifecycle, from
start-up to maturity. Our powerful scale supports millions of small
businesses, thousands of vital financial institutions and hundreds
of the world’s largest consumer brands, while processing more than
$2.8 trillion in annual payment volume. Our reach, scale and
distribution channels position Deluxe to be our customers’ most
trusted business partner. To learn how we can help your business,
visit us at www.deluxe.com, www.facebook.com/deluxecorp,
www.linkedin.com/company/deluxe, or www.twitter.com/deluxe.
About HP Inc.
HP Inc. is a technology company that believes one thoughtful
idea has the power to change the world. Its product and service
portfolio of personal systems, printers, and 3D printing solutions
helps bring these ideas to life. Visit http://www.hp.com.
For more information, please contact:Graham
Daygraham.day@hp.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7652de19-c244-48ee-bdeb-2c83adcfa84d
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