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12.03.07 | Zions Bancorporation Selects TRANSFIRST as New Merchant Credit Card Processor
DALLAS (December 3, 2007) — TRANSFIRST, a leading provider of transaction processing services and payment enabling technologies, has been selected by Zions Bancorporation, one of the largest bank holding companies in the U.S., to provide merchant credit card processing and payment services.
TRANSFIRST will be working with Zions Bancorporation through a contract with its eight affiliate member banks and Zions Management Services Company. Zions selected TRANSFIRST over other processors based on TRANSFIRST's innovative product offerings, forward thinking research and development, and customer service.
"TRANSFIRST's goal is to provide financial institutions like Zions and its affiliates with superior payment processing products and services to grow their businesses," said Marla Knutson, president of TRANSFIRST's Financial Institutions division. "We have the expertise and technology solutions to offer advanced processing capabilities to meet their expanding business needs. We combine that with the outstanding support infrastructure and flexible program offerings that TRANSFIRST is known for, and as a result, help financial institutions of all sizes further their market growth objectives and operate more efficiently."
"In working with TRANSFIRST, our merchant customers benefit from its cutting-edge transaction processing technology and from TRANSFIRST's team of knowledgeable experts." said Debbie Innes, executive vice president of Zions Bancorporation's Corporate Treasury Management division.
"Through the many value added products we offer, TRANSFIRST is reducing the challenges associated with physical barriers to help financial institutions serve any customer no matter the location," said Knutson.
About TRANSFIRST
A premier provider of transaction processing services and payment enabling technologies, TRANSFIRST offers a first-rate suite of products and services and customized processing programs uniquely tailored for the special business needs of financial institutions, independent sales organizations and agents and its referral and reseller partners. Through its in-depth industry knowledge, partnership strategy and innovative solutions, TRANSFIRST provides a specialized approach to transaction processing for healthcare providers, public entities, online and other non-traditional merchants, as well as brick and mortar retailers. Founded in 1995, TRANSFIRST is a market leader in strategic mergers and acquisitions, which has allowed the company to gain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TRANSFIRST is headquartered in Dallas, Texas, and has operations facilities in Louisville, Colo., Omaha, Neb., Kansas City, Kan., Newport Beach, Calif., and Milwaukee, Wis. Company wide, TRANSFIRST currently processes approximately $30 billion in annual sales volume for more than 160,000 merchants and more than 1,000 financial institutions. TRANSFIRST can be reached at 1-800-745-2659 or at www.TRANSFIRST.com.
About Zions Bancorporation
Zions Bancorporation (NASDAQ: ZION) is one of the nation's premier financial services companies, consisting of a collection of great banks in select high growth markets. Zions operates its banking businesses under local management teams and community identities through over 500 offices and approximately 600 ATMs in ten Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The company is a national leader in Small Business Administration lending and public finance advisory services. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.
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