According to the deal, First American is to become the exclusive payment processing provider of the banks merchant clients, providing credit card processing and merchant support. The USD 2 billion-asset bank provides individual and corporate trust, investment and estate planning services, as well as personal and commercial insurance and risk management services. First American Payment Systems provides electronic transaction processing services, Secur-Chex check services, FirstAdvantage gift cards, FirstPay.Net e-commerce services, FirstFund ACH software, Govolution government e-payments, national ATM sales, and Merimac Capital point-of-sale equipment for more than 100,000 merchants in the US.
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