National Processing Company has entered an agreement with BAX Global to provide on-line bill payment using VirtualPAY for BAX Global’s bill payment product ePay. This agreement further expands National Processing Company’s (NPC) presence in the on-line bill payment market. NPC is the second largest provider of merchant credit card processing
VirtualPAY is NPC’s user friendly Internet payment service for both check and credit card payments. VirtualPAY is one of the industry’s leading applications for bill payment, funds transfer and on-line Internet purchases. Current users of NPC’s VirtualPAY services include Chevron, ExxonMobil, E*TRADE and GTE. VirtualPAY is a customizable solution that facilitates on-line payments in both the consumer-to-business and business-to- business markets.
“On-line bill payment is an important part of any billers Internet strategy,” said Eric Barth, NPC vice president of Business Development. “VirtualPAY is a turnkey service that enables BAX Global to accept payments directly from their web site. By giving BAX Global customers value added tools such as VirtualPAY at their web site, BAX Global has created new opportunities for their customers to learn about their complete service offering,” Barth added.
“In VirtualPAY, NPC provided us an inexpensive, flexible alternative to participating in electronic bill presentment and payment. We expect that our small to medium size customers will find this application to be convenient and easy-to-use,” commented Jeff Johnson, BAX Global Manager of Revenue Accounting.
NPC is a leading provider of merchant credit card processing and corporate outsourcing solutions. NPC supports approximately 500,000 merchant locations, representing one out of every six Visa and MasterCard transactions processed nationally. Approximately 88 percent of the company is owned by National City Corporation, a Cleveland based $86 billion financial holding company. Additional information regarding NPC can be obtained at http://www.npc.net .
About BAX Global
BAX Global, a $2.1 billion global transportation and supply chain management company, offering multi modal freight forwarding to business-to- business shippers worldwide. The company, headquartered in Irvine, California, operates over 500 offices, located in 123 countries around the world, and has nearly 10,000 employees. Many of the world’s largest companies use BAX Global to manage their supply chain. BAX Global specializes in managing the movement of heavyweight packages and cargo of all shapes and sizes. The company offers specialized services for the aerospace, automotive, trade fairs and exhibits, fashion, hi-tech, and health care industries. The company has more than 180 locations ISO 9002 certified in 23 countries.