By making his own job obsolete, Richard Garman said he did what he set out to do as president and chief executive officer of Electronic Payment Services Inc.

Mr. Garman left his post at the Wilmington, Del., transaction processing company Thursday, seven months after EPS was acquired by Concord EFS Inc. of Memphis. Mr. Garman had been saying for a while that the best thing for EPS -- the bank-controlled owner of the MAC automated teller machine network and other transaction-processing businesses -- would be to go public or to merge with a public company.

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