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MSI Reports Overall Increase in Credit Card Processing
MSI Pays Record Breaking Residuals FOR IMMEDIATE RELEASE
New Providence, NJ-January 19, 2010-MSI Merchant Services, Inc., a national merchant acquirer, announces an overall growth in volume for the year 2009. MSI reports positive revenue growth, reflecting a 16% increase in total bankcard processing, with an 18% increase in both Visa/MasterCard transactions. While the national retail market imposes a challenge, MSI continues to demonstrate significant growth in its number of merchant accounts, servicing over 75,000 merchants nationwide. Its annual number of sales representatives, reportedly also witnessed substantial growth, making MSI most sought after by ISO’s in 2009. More astounding, is MSI’s record breaking 37 million dollars in paid residuals to its ISO’s, despite a sluggish national economic growth. It is the company’s stability and stellar reputation in its industry allowing this premier card processor to sustain economic success. MSI’s record growth is testimony to when the national economy becomes uncertain, security becomes a priority, and the solidity of MSI’s 20 year proven professionalism, becomes a necessity.
Located in New Providence, NJ and founded in 1989, MSI as a nationwide leader in the payment processing industry has an established BIN relationship with the First National Bank of Omaha. This and the superior company support of MSI, directly contribute to its continued customer satisfaction and ISO loyalty. The company’s exceptional ability to prosper during dire economic times, can more specifically be attributed to MSI’s orientation to detail, and its keen awareness and comprehension of every aspect of its industry. Its efficient managerial system minimizes the company’s administrative expenses, allowing it to offer a high level of service at very competitive rates.
Mario Parisi, operational director and an owner of MSI, expounds, “The foundation of the company is strong. It’s built on a diligent and dedicated staff ensuring our continued progress. Besides customer service and quality control, deployment and technical support, the national managerial directors are on the premises all days, along with my partner, George Mayo. We’re there offering our expertise and responding to questions personally, and with expedience. For the coming year, we will continue to streamline, pursuing further process efficiencies and administrative expense reductions, guaranteeing competitive rates and reliable residuals.”
Mr. Parisi quite confidently concludes, “MSI is very well positioned as we move into 2010.”
ISO Contact: George Mayo MSI Merchant Services, Inc.1.800.351.2591
Company and product information are available at:
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