Transaction accelerates growth of NAB and expands its merchant portfolio
News provided by
09:00 ET
Share this article
TROY, Mich. and WOODLAND HILLS, Calif., July 11, 2017 /PRNewswire/ -- North American Bancard Holdings, LLC (NAB), a multi-faceted and award-winning payment solutions provider, and Total Merchant Services, Inc. (TMS) announced today that NAB has completed its acquisition of TMS. The finalization of the merger makes NAB the 7th largest processor in terms of merchant locations in North America, with total annual processing near $50 billion. "Today's milestone signifies an important step in driving strategic priorities forward for NAB, while providing merchants industry-leading payment solutions," said Marc Gardner, president and CEO of NAB. "During this transformational time in the payments industry, NAB is solidifying its commitment to helping businesses prosper by delivering innovative payment solutions and outstanding customer service." In the short term, NAB realizes an immediate increase in its merchant base and revenue through the addition of TMS' more than $12 billion in credit and debit card transactions processed annually. TMS gains access to NAB's industry-leading processing capabilities; its dynamic merchant and sales partner portals; extensive suite of onboarding tools; and additional operational resources. The combined entity realizes the opportunity to expand product offerings, pursue strategy into high-growth channels and enhance payment capabilities for businesses of all sizes. "This acquisition enables TMS to accelerate its development of fully integrated and secure payment solutions, continue its commitment to exemplary customer service for merchants and partners, and gain access to NAB's broad platform of capabilities," said Ed Freedman, chairman and founder of TMS. "Guided by strategic-thinking and leadership focused on innovation and service, the combined entity is poised for tremendous success in the near future and well beyond." Credit Suisse Group, a leading financial services company, served as financial advisors to NAB during the acquisition process. About North American Bancard Holdings
Headquartered in Troy, Michigan, North American Bancard Holdings, LLC. (NAB), is an award-winning leader in credit card processing - administering merchant services for client companies of all sizes. NAB executes solutions for payment processing including credit, debit, EBT, check conversion and guarantee, gift/loyalty cards and mobile purchasing. Founded and accredited as an MSP/ISO in 1992, NAB is committed to setting the benchmark for client service, competitive pricing, and the latest in technology to its client companies. With more than $36 billion in payments processed in 2016 for more than 250,000 businesses, North American Bancard is dedicated to providing superior solutions for American businesses. For more information, please visit www.nabancard.com . About Total Merchant Services
Founded in 1996, Total Merchant Services has helped more than 500,000 businesses with their payment processing needs and currently processes more than $12 billion in credit and debit card transactions annually. The company is committed to providing small businesses with easy and affordable payment processing solutions. For more information, call 747-888-9000 or visit www.totalmerchantservices.com . View original content with multimedia: http://www.prnewswire.com/news-releases/north-american-bancard-holdings-closes-on-acquisition-of-total-merchant-services-300485502.html
SOURCE North American Bancard

North American Bancard Holdings Closes on Acquisition of Total Merchant Services

Industry-leading business management platform helps merchants use technology and data to simplify day-to-day operations and protect their business from threats
News provided by
11:19 ET
Share this article
WOODLAND HILLS, Calif., May 22, 2017 /PRNewswire/ -- Total Merchant Services, a leader in payment services and solutions, today announced it is partnering with Womply to offer Groovv Insights, a technology and data platform that helps merchants grow, protect, and simplify their businesses. Today's small business merchants have to juggle more responsibilities than ever before to stay competitive. In addition to managing daily business operations, merchants must monitor what customers say about them online, engage with customers in digital forums, keep their websites up to date, understand their customers' spending tendencies, and more. Groovv Insights monitors vital aspects of a merchant's business automatically so business owners can better understand their revenue, customers, and competing businesses. It uses data dashboards and message prompts to help merchants take action on critical tasks such as tailoring promotions to top customers and managing online reviews on popular sites like Yelp, Facebook, and Google from a single place. "Total Merchant Services has spent two decades building and curating a portfolio of powerful, easy-to-use technology tools for busy merchants," says Joe Kaplan, CEO of Total Merchant Services. "With Groovv Insights, we're adding an important solution to help merchants grow sales, delight customers, simplify front-office operations, and become more profitable." Total Merchant Services' Groovv technology portfolio is designed to help merchants respond to the growing complexities of doing business and staying competitive in the digital age. Groovv Insights will complement existing payment and promotions solutions by enabling merchants to easily access important business information and make better decisions. With Groovv Insights, merchants can compare their revenue to similar businesses in their area, manage and respond to online reviews, create customized customer feedback programs, gather market intelligence, and more. "With the introduction of Groovv Insights, we're providing another simple way for merchants to effortlessly track company vital signs and monitor for potential threats," says Cory Capoccia, president at Womply. "Building on our success with Insights, we're proud to introduce another merchant-facing product through our partnership with Total Merchant Services that enables merchants to succeed in a modern, complex, and rapidly evolving marketplace." About Womply
Womply is one of the fastest growing merchant-focused companies in America. Our mission is to use technology and data to grow, protect, and simplify small business. Every day we serve merchants, across 400+ business verticals, in every corner of America. Womply helps merchant-focused companies and organizations acquire, retain, and monetize merchants. To learn more, visit http://www.womply.com or email info@womply.com . About Total Merchant Services
Founded in 1996, Total Merchant Services has helped more than 500,000 businesses with their payment processing needs and currently processes more than $12 Billion in credit and debit card transactions annually. The company is committed to providing small businesses with easy and affordable payment processing solutions. For more information, call 747-888-9000 or visit www.totalmerchantservices.com . To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/total-merchant-services-partners-with-womply-to-offer-groovv-insights-300461423.html
SOURCE Total Merchant Services

Total Merchant Services Partners with Womply to Offer Groovv Insights

of Total Merchant Services
Acquisition further accelerates North American Bancard's growth in business payment solutions and services
News provided by
15:00 ET
Share this article
TROY, Mich. and WOODLAND HILLS, Calif., May 17, 2017 /PRNewswire/ -- North American Bancard Holdings, LLC (NAB), a multi-faceted and award-winning payment solutions provider, and Total Merchant Services, Inc. (TMS) announced today their agreement pursuant to which NAB will acquire TMS. The combined entity will be the 7th largest processor in terms of merchant locations in North America, processing nearly $50B annually. "We are ecstatic about this acquisition," said Marc Gardner, president and CEO at North American Bancard Holdings, LLC. "TMS has been an industry staple for more than 20 years and has a history of providing its clients premier business solutions with a strong focus on ease, affordability and customer service. It is these traits that made this acquisition a strategic fit for us." The acquisition brings the following to NAB:
Substantial financial and channel benefits: Immediate growth in merchant base and revenue allowing for future investment in emerging technologies that drive ease of use for customers, along with access to additional integrated software vendors (ISVs) and payment solutions. The deal brings TMS's more than $12 billion in credit and debit card transactions annually to NAB. Expanded product and service offerings: On a combined basis, the transaction makes available to customers a comprehensive suite of small business omni-channel solutions, including proprietary mobile and tablet point-of-sale (POS) solutions; mobile marketing applications; ecommerce options; traditional terminals; and small business financing. Enhanced go-to-market capabilities: The ability, under single leadership, to expedite processes and streamline an easy and affordable payments experience for new and existing merchants and resellers. TMS is a leading payment solutions provider to small and medium sized businesses, offering a comprehensive suite of sales, payment processing, marketing and business management products and services. TMS's integrated payments technology enables enterprise software developers to easily integrate payments into their applications. The company delivers its products and services via a network of over 3,000 sales partners, software developers and strategic partners. "NAB is an ideal fit for TMS. This combination unites two companies that share a common vision for sustained growth, industry-forward leadership and strong commitment to customer service," said Joe Kaplan, CEO of TMS. "I am confident that the broader platform and combined management team will pave the road for growth." Subject to regulatory clearance of the acquisition and other customary closing conditions, the transaction is anticipated to close in the second quarter of 2017. Skadden, Arps, Slate, Meagher & Flom LLP and Berkowitz, Trager & Trager, LLC served as legal advisors to TMS. Honigman Miller Schwartz and Cohn LLP was counsel to NAB. About North American Bancard Holdings
Headquartered in Troy, Michigan, North American Bancard Holdings, LLC. (NAB), is an award-winning leader in credit card processing - administering merchant services for client companies of all sizes. NAB executes solutions for payment processing including credit, debit, EBT, check conversion and guarantee, gift/loyalty cards and mobile purchasing. Founded and accredited as an MSP/ISO in 1992, NAB is committed to setting the benchmark for client service, competitive pricing, and the latest in technology to its client companies. With more than $36 billion in payments processed in 2016, for more than 250,000 businesses, North American Bancard is dedicated to providing superior solutions for American businesses. For more information, please visit www.nabancard.com . About Total Merchant Services
Founded in 1996, Total Merchant Services has helped more than 500,000 businesses with their payment processing needs and currently processes more than $12 Billion in credit and debit card transactions annually. The company is committed to providing small businesses with easy and affordable payment processing solutions. For more information, call 747-888-9000 or visit www.totalmerchantservices.com . To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/north-american-bancard-holdings-and-total-merchant-services-announce-agreement-for-the-acquisition-of-total-merchant-services-300459434.html
SOURCE North American Bancard Holdings, LLC
Related Links

North American Bancard Holdings and Total Merchant Services Announce Agreement for the Acquisition of Total Merchant Services

Groovv Integrated Payments suite provides in-store, website, and online payments APIs and SDKs for easy and compliant payment integration
News provided by
Mar 27, 2017,  09:00 ET
Share this article
WOODLAND HILLS, Calif., March 27, 2017 /PRNewswire/ -- Total Merchant Services, a leader in payment services and solutions, today announced its expanded suite of Groovv Integrated Payments APIs and SDKs for software developers and Independent Software Vendors (ISVs). Free to implement, the tools make it easy for developers to integrate payments seamlessly into their software or websites while meeting compliance requirements. Further, ISVs using Groovv Integrated Payments in their point of sale (POS) or business management solutions earn revenue share when their customers process transactions. Previously, Total Merchant Services launched an integrated in-store payment SDK with free EMV/NFC terminals. The company has upgraded that solution for even easier implementation, and it expanded its integrated payments suite to encompass omni-channel payments. Groovv Integrated Payments now includes:
Groovv Payment Plugin SDK, featuring plug-and-play setup for in-store payments using countertop and/or mobile EMV/NFC terminals
In-Store API, which enables developers to customize integrations for EMV, NFC and all "card present" payments
Website Integration API, which provide easy integration via an embedded web form or hosted pay page
Online Payments API, which enables developers to customize integrations for all "card not present" phone, mail or online payments
Merchant Enrollment API, which streamlines the process of submitting applications for merchant accounts
Documentation and full descriptions are available on the new Groovv Developer Portal at http://developer.groovv.com/
"The expanded Groovv Integrated Payments suite is a key milestone as we support omni-channel payments for an ever-growing portfolio of software development partners," said Joe Kaplan, CEO of Total Merchant Services. "Now ISVs can use our solutions to support integration of in-store payments, website payments, and online payment capabilities such as recurring billing, without making significant investments in payment processing and associated compliance requirements." Total Merchant Services launched its initial integrated payments solution with a unique value proposition providing free equipment and a competitive revenue share program. The company has since expanded its support for ISV partners and their customers, offering:
A developer portal with full API and SDK descriptions, free documentation, and specifications to securely embed payments into software applications: http://developer.groovv.com/
Generous revenue share and incentive programs
Dedicated integration support team
Automated merchant boarding tools and processes
Turnkey sales and marketing solutions
Free equipment and fulfillment for merchants
Meet-or-beat processing rates for merchants
No-term contracts
24/7 merchant support
"Total Merchant Services has helped our clients meet the payment acceptance challenges they face in a constantly evolving payments landscape, while mitigating concerns around PCI compliance and data security," said Sarah Dirksen, Product Manager at Practice Director. "Our clients greatly appreciate Total Merchant Services' price-match guarantee, free terminals, and other incentives, combined with the efficiency gains they achieve by integrating payments and using our platforms." Resources

Total Merchant Services Expands Integrated Payments Technology for Developers

All Types
Merchants save on costs to start processing and/or upgrade terminals or POS systems
News provided by
Jan 26, 2017,  09:00 ET
Share this article
WOODLAND HILLS, Calif., Jan. 26, 2017 /PRNewswire/ -- Total Merchant Services, a leader in payment services and solutions, today announced the expansion of its free equipment program to encompass the company's entire family of products, including readers, terminals and new point of sale (POS) systems. Through the new program, businesses of any type or stage of development can receive free, cutting-edge payment processing equipment appropriate for their needs. Businesses simply open a new payment processing account with the company or switch from another provider, and Total Merchant Services will provide free use of processing equipment – from mobile credit card readers to complete point of sale (POS) solution bundles including software, tablet, cash drawer, receipt printer, stand and EMV/NFC payment device. Long-known for providing free terminals, Total Merchant Services is expanding its free equipment program to assist with the EMV and NFC adoptions. In addition, the company aims to ensure growing businesses can further benefit from technologies available via its new Groovv POS solutions, including inventory management, business intelligence reporting, and back office management tools. "Due to costs, SMBs often delay investing in or upgrading their payment processing solutions," said Joe Kaplan, CEO of Total Merchant Services. "We've removed this pain point and enabled businesses to get started with the latest EMV and NFC payment solutions with no upfront cost. "
In addition to the many other payment solutions available, Total Merchant Services' free Groovv POS program has two options for merchants seeking a POS system, depending on their needs:
Groovv POS All-In-One has most components built into one countertop device, which is ideal for merchants with elegant checkouts such as boutiques, salons, shops and restaurants. Groovv POS Flex is a mobile system with detachable components – ideal for merchants who want to design their own setup, restaurants with at-table ordering and stores with mobile checkouts or limited counter space. Merchants also can add a marketing program with most solutions from Total Merchant Services. For more information on Total Merchant Services' product family and/or to see if you qualify for free placement of payment processing equipment, contact the company directly at (888) 610-1025. Resources:

Total Merchant Services Offers Free, Cutting-Edge Payment Processing Solutions for Businesses of All Types

Womply is a software-as-a-service (SaaS) provider to small and medium businesses. The company's business management solution includes CRM plus small business intelligence, reputation management, marketing automation, and integrated payments.

Womply

WOODLAND HILLS , Calif. , May 22 , 2017 / PRNewswire / -- Total Merchant Services , a leader in payment services and solutions , today announced it is partnering with Womply to offer Groovv Insights , a technology and data platform that helps merchants grow , protect , and simplify their businesses .

Samsung is comprised of diverse businesses that span advanced technology, semiconductors, skyscraper and plant construction, petrochemicals, fashion, medicine, finance, hotels, and more. Samsung's flagship company, Samsung Electronics (KRX: 005930), is a publicly-traded technology company involved in high-tech electronics manufacturing and digital media.

Samsung Electronics

Ingenico Group provides merchants with a range of services and solutions that eliminate payment complexity and make purchasing quick, seamless and secure for consumers, whatever the sales channel or payment method.On November 4th, 2020, Ingenico was acquired by Worldline at a valuation of $8.6B.

Ingenico Group

Visa

eBay

CSG International

Fintech

Acquired

Total Merchant Services is a payment solutions provider to small and medium sized businesses, offering a comprehensive suite of sales, payment processing, marketing and business management products and services.

Wells Fargo Success Story

3M Success Story

Platform Overview

Total Merchant Services

Work for Total Merchant Services?

Compete with Total Merchant Services?

Work for Total Merchant Services?

Discover the right solution for your team