Additionally, the company also arranged long term financing for SPS.

Strategic Payment Systems Chairman and Electronic Transactions Association (ETA) Board of Directors Immediate Past-President Rick Pylant said: "We chose NPC because they are uniquely positioned to help us meet our challenges today and yet stand ready to facilitate opportunities for future growth."

Massachusetts-based Strategic Payment Systems offers innovative products and new marketing approaches to ISOs, and extended its relationship with NPC to position itself for growth and innovation in the payments industry.

NPC, a subsidiary of Vantiv, is a provider of debit card and credit card acceptance to the small-to-medium merchant market in the US.