Heartland Payment Systems® (NYSE: HPY), one of the nation’s largest payment processors and a leading provider of merchant business solutions, continues its growth in the parking payment industry by signing a new seven-year deal with SP+, an industry leader in the parking management, ground transportation, and ancillary services space.
Standard Parking Corporation, which merged with Central Parking Corporation in October 2012, changed its name to SP Plus Corporation in December 2013 and now operates under its flagship SP+ brand. Through its SP+, Standard Parking and Central Parking brands, the company manages more than 4,200 parking facilities containing approximately 2.1 million parking spaces in hundreds of cities across the U.S. and Canada.
“As the largest third party payment network provider in the parking industry, we are excited to forge a relationship with SP+ to provide the same reliable and secure payment services that form the basis of our strong customer relationships,” said David Munson, Executive Director of Client Services at Heartland Payment Systems.
Heartland Payment Systems is a long-standing provider of industry-leading payment solutions for the parking management industry, backed by more than 850 Heartland employees to ensure reliable, on-demand customer service.
SP+ provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in all markets of the real estate industry. The Company has more than 23,000 employees. For more information, visit http://spplus.com.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processing, mobile commerce, e-commerce, marketing solutions, security technology, payroll solutions, and related business solutions and services to more than 275,000 business and educational locations nationwide.
A FORTUNE 1000 company, Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. Heartland also established The Sales Professional Bill of Rights to advocate for the rights of sales professionals everywhere. More detailed information can be found at HeartlandPaymentSystems.com, HeartlandPaymentSystems.com/Careers, Heartlandpaymentsystems.com/Blog or follow the company on Twitter @HeartlandHPY and Facebook at facebook.com/HeartlandHPY.
This press release contains statements of a forward-looking nature which represent our management’s beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, including risks and additional factors that are described in the Company’s Securities and Exchange Commission filings, including but not limited to the Company’s annual report on Form 10-K for the year ended December 31, 2013. Given these risks and uncertainties, prospective and current investors are cautioned not to place undue reliance on such forward-looking statements. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
For Heartland Payment Systems
Gibbs & Soell
Source: Heartland Payment Systems, Inc.