About: Business Payment Systems

Business Payment Systems “BPS”, headquartered in New York City, is a leading Independent Sales Organization (ISO) in the merchant service industry, assisting regional and middle market merchants throughout the United States. With a national footprint of over 1,400 agents and a merchant portfolio of 20,000 BPS sets itself apart as a leader and innovator in the industry. In acknowledgement of this BPS was Rated “Number 1 ISO in America” by the Green Sheet (www.greensheet.com), a respected industry publication.

As a provider of point-of-sale card processing and E-Commerce solutions to a wide range of customers across all industries, including regional to national retailers, BPS is equip to handle all customer service and technical needs through its highly developed infrastructure for its merchant base: including new merchant set-ups, welcome calls, merchant training and the deployment of welcome kits.  BPS’ help desk assists merchants during regular business hours and automatically transfers them to the processor (National Processing Company) for 24/7, 365 day a year support. 

Strategic Alliances

BPS has partnered with a number of technology providers to offer a complete suite of products and services specifically designed for regional and middle market retailers. Renowned for its knowledge of the payment industry, BPS promotes a broad array of value added solution at the point of sale with the recognized technology leader Verifone.

Check Conversion

BCHEX is a private label product developed with Global e Telecom that provides merchants with an end to end solution for all their check conversion needs.

Gift & Loyalty

Secure Payments has developed with BPS an excellent, easy to use Gift & Loyalty program, merchants can chose between semi-custom or fully customized designs.

Bill Pay

BPS relationship in the Bill Pay arena is with the industry leader, IPP, America.  The 2 companies have joined forces to market Bill Pay products using POS devices and through PC set-ups.  Currently, BPS has grown to become IPP’s largest independent sales organization.

Prepaid

The program offering would not be complete without the ability to offer Prepaid Long Distance & Prepaid Wireless services.  Again, due to BPS’s market concentration they have become the largest partner of Qcomm International, a leading publicly traded prepaid company. 

The recent acquisition of National Processing by Bank of America has created the second largest bankcard merchant acquirer with nearly $250 billion in annual processing revenue.  The newly formed Bank of America Merchant Services will be headquartered in Louisville, KY, where National Processing is currently based.  BPS merchants will be continue to be boarded under the National Processing banner. Currently, NPC processes for approximately 1 million merchants in the United States, including hundreds of  merchants with household names.

Thank you,
The BPS Team