Deluxe Signs Payments Agreement with Dupaco Community Credit Union
July 06 2022 - 12:00PM
Business Wire
Long-time Check customer adds merchant services
for its business members.
Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™
company, today announced that First American by Deluxe, its
merchant services business, has signed an agreement with Dupaco
Community Credit Union, expanding a long-term relationship
utilizing the One Deluxe model.
Under the agreement, more than 120 of Dupaco’s current business
members will transition to the merchant services provided by
Deluxe. These services will also be available to new Dupaco
business members. Dupaco already partners with Deluxe on other
payment products, including Checks, Remote Deposit Capture and
Branch Deposit Capture.
Deluxe, the Original Payments Company™, acquired First American
Payment Systems in 2021. The acquisition has enabled Deluxe to
become a scaled and leading player in merchant services with First
American’s leading end-to-end payments platform, providing
customers with access to more robust payment technology services
and products.
“We are excited about this new partnership with Dupaco Community
Credit Union, a not-for-profit, member-owned financial cooperative
with an outstanding reputation,” said Michael Reed, President of
Payments for Deluxe. “Our leadership in delivering innovative
products and solutions, along with our commitment to customer
service and partner support, were integral in making this strategic
win possible. This is just another example of our One Deluxe
approach to providing exceptional platforms and solutions for our
customers.”
Terms of the agreement were not disclosed.
About Deluxe
Deluxe, a Trusted Payments and Business Technology™ company,
champions business so communities thrive. Our solutions help
businesses pay, 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 approximately $3 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220706005115/en/
Tom Morabito, VP, Investor Relations 470-607-5567
tom.morabito@deluxe.com
Cam Potts, Chief Communications Officer 651-233-7735
cameron.potts@deluxe.com
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