Deluxe signs payments agreement with dupaco community credit union
Minneapolis--(business wire)--deluxe (nyse: dlx), a trusted payments and business technology™ company, today announced that first american by deluxe, its merchant services business, has signed an agreement with dupaco community credit union, expanding a long-term relationship utilizing the one deluxe model. under the agreement, more than 120 of dupaco’s current business members will transition to the merchant services provided by deluxe. these services will also be available to new dupaco business members. dupaco already partners with deluxe on other payment products, including checks, remote deposit capture and branch deposit capture. deluxe, the original payments company™, acquired first american payment systems in 2021. the acquisition has enabled deluxe to become a scaled and leading player in merchant services with first american’s leading end-to-end payments platform, providing customers with access to more robust payment technology services and products. “we are excited about this new partnership with dupaco community credit union, a not-for-profit, member-owned financial cooperative with an outstanding reputation,” said michael reed, president of payments for deluxe. “our leadership in delivering innovative products and solutions, along with our commitment to customer service and partner support, were integral in making this strategic win possible. this is just another example of our one deluxe approach to providing exceptional platforms and solutions for our customers.” terms of the agreement were not disclosed. about deluxe deluxe, a trusted payments and business technology™ company, champions business so communities thrive. our solutions help businesses pay, get paid, and grow. for more than 100 years, deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world’s largest consumer brands, while processing approximately $3 trillion in annual payment volume. our reach, scale and distribution channels position deluxe to be our customers’ most trusted business partner. to learn how we can help your business, visit us at www.deluxe.com.
DLX Ratings Summary
DLX Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission