Target and Toys R Us posted overall sales declines during the holidays.
The enhancements include funding settlement in as little as 24 hours and the convenience of processing payments from a variety of cutting-edge equipment options.
ATLANTA, Nov. 20, 2012 - UPS Capital Trade Protection Services, Inc., a subsidiary of UPS Capital®, the financial services arm of UPS (NYSE:UPS), is enhancing its merchant services program for small and medium-sized businesses.
The enhancements include funding settlement in as little as 24 hours; the convenience of processing payments from a variety of cutting-edge equipment options whether at a retail location, through the Internet, or on a mobile device; acceptance of electronic payments at the point of sale via all major debit and credit cards; and opportunities to earn cash reward incentives when pairing UPS Capital Merchant Services* with other UPS Capital services.
To provide UPS Capital Merchant Services, UPS Capital is teaming up with Century Payments, Inc., a nationally recognized leader in the electronic payment processing industry. The Frisco, Texas-based firm recently announced that for the third consecutive year, it was named on Inc. Magazine’s 500 list of fastest growing, privately owned businesses.
“In addition to all the great benefits offered by Century Payments, we will differentiate our program from the other merchant services programs available in the market by using it as an entry point for the other financial services provided by UPS Capital companies,” stated Tom Turney, payments services director at UPS Capital.
“We are pleased to be providing best-in-class payment processing technologies for UPS Capital Trade Protection Services. Our cutting edge products and services will enable companies to process card payments wherever they do business – in store, online, or mobile. Merchants need simple and flexible options to make operating their business more efficient,” said Christian Campbell, executive vice president of business development for Century Payments.
UPS Capital's offerings include global trade finance, trade protection services and payment solutions including credit card processing and related services and payment-acceleration services. UPS Capital companies deliver financing solutions that include loans backed by the Export-Import Bank of the United States**. UPS Capital companies have offices throughout the United States, as well as operations in several other countries. For more information, visit upscapital.com.
*All services in connection with the UPS Capital Merchant Services program are provided by Century Payments and all fees charged for services are determined by Century Payments. All decisions regarding approval will be made solely by Century Payments under Century Payments then current criteria.
**Products are offered through UPS Capital Business Credit, a subsidiary of UPS Capital Corporation. UPS Capital Corporation is neither an agent for, nor associate of, UPS Capital Business Credit for the purposes of originating, processing, underwriting or servicing government guaranteed loans (e.g., SBA or Ex-Im guaranteed loans). Products may not be available in all areas and may be modified based on requirements. Check with your UPS Capital Business Credit representative for local availability. Credit availability is subject to approval.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
About Century Payments
Century Payments, Inc. is a nationally recognized leader in the electronic payment processing industry, dedicated to developing the most progressive, dynamic programs to benefit merchants, partners and agents alike. Through white label alliance programs, Century is the fastest growing electronic payments company having boarded over 50,000 merchants in the last three years and processing close to $12 billion in annual volume. In 2012, Century entered into an elite group recognized on the Inc. 500 list as one of the top 100 fastest growing, privately owned businesses for three consecutive years. The company is headquartered in Frisco, Texas. Visit www.centurypayments.com for more information