Source: Bank of the Sierra
Bank of the Sierra (NASDAQ:BSRR) is pleased to announce a new revenue sharing alliance agreement with First Data Merchant Services Corporation, a subsidiary of First Data (NYSE:FDC).
Bank of the Sierra will continue to offer complete merchant services with prompt credit for electronic drafts and state-of-the-art electronic draft capture equipment during the First Data conversion. Through the alliance, First Data will provide all merchant processing services on behalf of Bank of the Sierra. The agreement also expands Bank of the Sierra's merchant support network by adding dedicated First Data sales executives throughout Bank of the Sierra's markets.
"The new partnership between Bank of the Sierra and First Data will help our merchant services customers save both time and money, while enjoying the latest in payment technology," stated Hope Attenhofer, Senior Vice President and Marketing Director.
"We're delighted to be selected by Bank of the Sierra as their partner for merchant services and offer their clients an expanded portfolio of electronic payments and services," said Carl Mazzola, President, First Data Revenue Sharing Alliance Group.