First Data Merchant Services Corp. said Summit Bank, a subsidiary of Summit Bancorp of Princeton, N.J., has renewed its merchant processing agreement.

Summit, a top-40 merchant-acquirer, with 15,000 retailing customers, has been a client of the First Data Corp. division since 1988. Under the new agreement, First Data Merchant Services would supply core accounting, front-end capture, and back-office services.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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