First Data will provide merchant payment processing services on behalf of BPNA. The alliance will allow BPNA to offer industry-leading merchant services to its business customers through an expanded portfolio of electronic payment products and services, including credit, debit and gift card programs. Currently, BPNA has more than 50,000 small business customers throughout the U.S. The agreement also expands BPNAs merchant support network by adding dedicated First Data sales executives throughout BPNAs markets. The agreement will allow BPNA to offer next-day settlement for customers with a Banco Popular business checking account. Other key client benefits include free merchant Internet access to reconcile their business checking accounts, resolve chargebacks, and perform historical and trend analysis.
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