About National Processing Company
National Processing Company (NPC) is a leading provider in the electronic payments industry. The Company is the largest provider of merchant processing services in the U.S. dedicated exclusively to the small-to-medium merchant market.
Headquartered with operations in Louisville, Kentucky and additional facilities in Houston, Texas and Chicago, Illinois, NPC has longevity and experience in the payments industry. Currently, more than 240,000 businesses nationwide trust NPC and its partners to process their customer payments electronically.
With a heritage dating back to the 1960's, NPC has been in the industry for over 40 years. Our executive management team has over 200 combined years of experience with electronic payments, making NPC one of the most respected and widely recognized companies in the industry.
Our core business is electronic payment processing. As a result, our focus and efforts are dedicated to delivering superior products and outstanding service to our customers.
Mission Statement
National Processing Company will be the best in the world at attracting and passionately serving our merchants, distribution partners and employees.
Our History
2007 - NPC became the largest privately-owned merchant processing provider in the U.S. processing payments for over 240,000 businesses nationwide
2006 - Acquired by Iron Triangle Payment Systems (ITPS), who also purchased Retriever Payment Systems in January 2005. All ITPS entities were re-branded National Processing Company (NPC). NPC is now a privately held company and markets under brands of both NPC & Retriever Payment Systems.
2004 - Acquired by Bank of America for $1.4 billion
2003 - Acquired Best Payment Solutions
2001 - Acquired merchant businesses from National City Corporation (NCC) banking subsidiaries; formed a merchant processing joint venture with ABN Amro USA
1999 - 2001 - Exited all non-merchant businesses (check processing, remittance, payables, freight, and BPO) and expanded presence in regional merchant sector.
1999 - Acquired regional merchant portfolio from Heartland Payment Systems
1997 - Acquired Financial Alliance, moving the Company into regional merchant acquiring
1996 - NPC became a NYSE publicly traded company
1994 - Processed over 1 billion credit transactions
1992 - Expanded into debit processing
1988 - FNB merged with NCC; NPC became a wholly owned subsidiary of NCC
1979 - NPC was established as separate subsidiary of FNB
1974 - Diversified into merchant acquiring business
1967 - First National Bank (FNB) of Louisville, KY acquired MasterCharge
1964 - MasterCharge was founded in Louisville, Kentucky