Deluxe Corp., the nation's largest check printer, said it plans to shed the merchant processing subsidiary it acquired two years ago.

The unit, called Financial Alliance, processes MasterCard and Visa transactions for "mom and pop" merchants.

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.