17 August 2017
Find out more

Sears to broaden card acceptance; contracts with Global payments

17 July 2002  |  2993 views  |  0 Sears to broaden card acceptance; contracts with Global payments

Sears National Bank has selected Global Payments as its payment processing engine for a new private label credit card merchant partner programme.

Currently, Sears cardholders can use the Sears private label credit card for purchases made in Sears stores and authorised or licensed Sears retail outlets.

Under the new programme, Sears plans to extend the acceptance of its private label card to a targeted group of merchants, including airline, hotel, restaurants, fuel, supermarkets and entertainment companies that do not compete directly with Sears.

Global Payments will act as the Sears payment gateway for processing services offered through acquirers associated with merchants that accept the Sears card.

Paul Garcia, president and CEO of Global Payments, comments: "Sears has the largest retail credit card customer base in the world, and we are convinced that this program will yield numerous benefits for all participants."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.niceactimize.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10309 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9683 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9555 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8512 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7988 views comments | 1 tweets | 2 linkedin

Featured job

Find your next job