Midwest Payment Systems, a division of Fifth Third Bancorp., said it has renewed its contract with Federated Department Stores Inc. and extended it to cover Macy's stores.

Midwest Payment Systems has processed credit card transactions for the Cincinnati-based retailing corporation since 1980. Federated operates 412 department stores with 119,000 employees in 33 states.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.