Fifth Third Processing Solutions ties up with Dillard's
01 Oct '08
2 min read
Fifth Third Processing Solutions is pleased to announce that Dillard's Inc, one of the nation's largest fashion apparel and home furnishing retailers, has signed a multi-year contract for credit and debit card processing services for its approximately 330 locations throughout the United States.
"Fifth Third is pleased to have been chosen by such a reputable retailer like Dillard's, and we are excited to enhance the Company's quality product and service offering with our industry-leading processing tools," said Donald Boeding, senior vice president and director of Merchant Services for Fifth Third Processing Solutions.
"We certainly take pride in offering world class processing functionality and superior customer support and look forward to helping Dillard's provide the best possible payment solutions to their valued customers."
Fifth Third Processing Solutions processes over 26.7 billion ATM and POS transactions per year for more than 2,880 financial institutions and over 158,356 retail locations worldwide, including the Armed Forces Financial Network (AFFN), First Niagara Financial Group, Sovereign Bank, The Kroger Co, AutoZone, Abercrombie & Fitch and The Finish Line.
Annually, Fifth Third processes $179.1 billion in credit card sales. According to The Nilson Report (March 2008), Fifth Third Bank is the fourth largest bankcard acquirer.