Meridian Bancorp has agreed to sell all its merchant processing contracts to National Data Corp.

The deal includes 9,000 merchant locations and a projected 14 million transactions in 1995. Federal regulatory approvals are required.

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.