Heartland Payment Systems, Inc. (NYSE: HPY) provides credit and debit card, payroll and related processing services to restaurant, hotel, and retail merchants throughout the United States. HPS provides services to over 160,000 merchants with over 1,100 Relationship Managers out of a team of over 2,400 employees in operations, sales, IT, marketing and administration.
Heartland processed its first card transaction on July 15, 1997 with a business investment of $1 million. Today, Heartland has become the sixth largest payment processor, with over $55 billion of annual processing volume from current merchants.
Heartland's success is the result of the combination of a superior long-term customer relationship sales model and its internally-developed, client-server based transaction processing platform. Heartland delivers tailored solutions to even the most demanding markets such as retail, restaurant, hospitality and community banks. In addition, Heartland has been effective in servicing auto repair facilities, convenience and liquor stores and professional service providers.
With its corporate headquarters in Princeton, New Jersey and satellite offices in North Olmsted, Ohio; Frisco, Texas; and Phoenix, Arizona; and its Service Center in Jeffersonville, Indiana providing customers with 24-hour support and technical service, Heartland is well positioned geographically to support its national sales organization of W-2 employed sales professionals.
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