FORT WORTH, Texas – First American Payment Systems, L.P. (“First American”), one of the fastest growing electronic payments processors in the U.S., today announces that it is celebrating its 20th year of business.
“We are pleased to reach this important milestone and believe the two decades of steady growth reflects our financial stability and our outstanding product quality,” said Neil Randel, Chairman and Chief Executive Officer of First American.
Founded as a small credit card acquirer in 1990, First American has grown into a full-service payment processor. The company offers solutions to multiple channels and industries, including independent sales organizations and financial institutions.
Merchants who process through First American have access to a full suite of in-house payment products including credit, debit, EBT, check, ACH (recurring) e-commerce and gift card processing. Merchants can also purchase or lease best-in-class payment equipment, including ATM machines and take advantage of support services like online reporting and 24/7 in-house customer service.
“Since its inception, I have envisioned First American to be a one-stop shop for the best payment processing solutions in the market,” said Randel. “As this vision has been realized, our partners and sales agents are able to offer enterprise solutions all under one roof.”
The company attributes its success to its emphasis on reliability, honesty, partner relationships, and a conservative approach to growth. Two decades after inception, the company employs more than 1,300 W-2 employees, including its in-house Customer Support Representatives.
About First American
First American Payment Systems, L.P. is a rapidly growing merchant acquirer that provides comprehensive electronic payment processing services for more than 100,000 merchants throughout the United States. In addition to credit, debit and EBT card processing, First American also offers a complete line of proprietary products and services including Secur-Chex® check services, FirstAdvantage® gift cards, FirstPay.Net™ e-commerce solutions, FirstFund® ACH software, Govolution® government e-payments, national ATM sales, and Merimac Capital® point-of-sale equipment and ATM leasing. For more information, visit www.first-american.net.