Houston, TX (PRWEB) July 10, 2006
Merchant Resources LLC announced today that it has completed its merger with Delta Payment Solutions Inc.
Financial terms were not disclosed.
Based in Houston, Merchant Resources provides credit-card merchant services to the restaurant industry and is the preferred merchant services provider of Sysco Foodservices of Houston.
Delta Payment Solutions offers consumer and business related products to the payment processing industry and supports businesses in the retail, restaurant and hotel industries, as well as online and medical professions. Delta Payment Solutions is also based in Houston.
"Due to exponential growth by both companies our combined resources will help DPS exceed the markets demand for additional and advanced product offerings,” said Tahir Bhatti CEO of Delta Payment Solutions. “We are looking forward to expanding our services to ISOs and agent banks across the U.S."
Delta Payment Solutions recently finalized an agreement with TSYS Acquiring Solutions, a company that provides technology and integrated support services to the acquiring industry, to utilize the TSYS “Express” platform for all of its merchant processing needs. TSYS Acquiring Solutions (formerly Vital Processing Services) is a subsidiary of Columbus, Ga.-based TSYS (NYSE: TSS).
“Our merger with DPS is greatly enhanced with the recent addition of TSYS,” said Terry McBurney Founder of Merchant Resources, who will serve as President of Delta Payment Solutions. “The TSYS front and backend platforms provide a level of reliability and support that is essential to our relationship with Sysco Houston, the demands of their customers as well as local and national restaurateurs.”
Sysco Food Services of Houston is a subsidiary of Sysco Corporation (NYSE:SYY). SYSCO Corporation is the largest foodservice marketing and distribution organization in North America, providing food and related products and services to approximately 390,000 restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers.
Delta Payment Solutions, Inc.