AMS and National Bankcard Association, Inc. (NBA) have formed an alliance whereby NBA will outsource all of its equipment deployment, repair, and supply fulfillment to AMS. NBA will also move their wholesale division to AMS.
Mark Leibowitz, president of NBA said, "We get to focus all of our energies and resources on our core merchant acquiring business, while outsourcing to AMS the services they have clearly developed an expertise, as well as an economies of scale, in."
Richard Graves, President of AMS added, "In acquiring the NBA Wholesale Division, we get the immediate benefit of an experienced sales team and a loyal customer base to further leverage our existing infrastructure. The terminal's management business has become increasingly sophisticated and our investment in automation and remote management systems allows us to provide services to customers such as NBA at a lower cost than their internal operations can provide."
Don Harrington, EVP of Wholesale Sales for NBA said, "Our salespeople will now be able to offer the expanded product line and services of AMS, including full deployment and inventory management services. Our customers will clearly benefit and therefore so will we."
NBA is a subsidiary of Electronic Processing, Inc., and has a merchant base of 13,000 merchants throughout the U.S. with annual charge volumes of $1 billion. AMS is a value added POS equipment reseller with more than 750,000 merchant locations.
