Midwest Payment Systems has signed Old Florida Bank of Fort Myers as a processing client.
Midwest Payment, a unit of Fifth Third Bancorp, will provide electronic funds transfer, automated teller machine processing, and MasterCard debit card services.
"MPS understood our needs for an EFT and ATM transaction processor who could deliver quality, accurate, and timely processing," said Nicholas J. Panicaro of Old Florida Bank, a start-up venture with $10 million of capital.
"We also liked the concept of making MasterMoney debit services available to our clients."