News from the Wire

Merchants' Choice Payment Solutions appoints Linden as President, CEO

Wednesday, April 01, 2015 — 07:49:46 (EDT)

The Woodlands, Texas, March 31, 2015 -- Merchants’ Choice Payment Solutions (MCPS), also known as Delta Card Services, Inc., a top-ranked merchant services provider, today announced the appointment of Todd Linden to the position of President and Chief Executive Officer effective April 1, 2015.

Mr. Linden has been with MCPS for the last five years and currently serves as its President and Chief Operating Officer. He has been instrumental during his time with MCPS in helping the company to rapidly grow into one of the country’s largest merchant acquirers. Mr. Linden has been active in the merchant acquiring space for over thirty years. He has had many key management positions within the industry including multiple terms on the Board of Directors for the Electronic Transaction Association.

In making the announcement of Mr. Linden’s appointment, Mike Gatewood, Chairman of MCPS, stated, “We are very pleased that Todd has agreed to take the position as the leader of this great company. His tremendous experience in the electronic payments industry will be instrumental as we continue to make our company a leader in this industry.”

About MCPS Based in The Woodlands, Texas, Merchants' Choice Payment Solutions (MCPS) has over 25 years’ experience as a full-service provider of merchant services. With the strength of Woodforest National Bank, based in Houston, as its foundation, MCPS processes more than $11 billion in annual payment card volume for over 55,000 merchants. MCPS is one of the top-ranked Merchant Service Providers in the industry. For more information please visit: www.mcpscorp.com .

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Source: Company press release.