National Processing Inc. has begun processing on-line transactions for Best Buy Co., a Minneapolis-based electronics retailer that has set up a virtual storefront.
The NPC unit of National Processing, which is a subsidiary of Cleveland-based National City Corp., also provides credit card processing for purchases at Best Buy?s 288 retail locations in 32 states.
NPC plans to provide Internet credit card processing for a growing number of major merchants and companies using the Internet, to increase sales and made it easier for consumers to buy products,? said Bob Showalter, chief executive officer of NPC.