Priority Payment Systems Acquires American Credit Card Processing Corporation

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Priority Payment Systems, a leading provider of payment processing services and related technology solutions, announced today the acquisition of Huntington, New York based payments processor American Credit Card Processing Corporation.

Priority Payment Systems ("Priority"), a leading provider of payment processing services and related technology solutions, announced today the acquisition of Huntington, New York based payments processor American Credit Card Processing Corporation ("ACCPC"). Terms of the deal were not disclosed. As part of this transaction, Priority, which was recently named by Nilson as the 20th largest merchant acquirer in the United States, will add over 9,000 new merchant accounts generating roughly $2.0 Billion in annual charge volume on the TSYS platform.

ACCPC was founded in 1996, and since its inception, has focused on serving the needs of small and medium sized merchants for their electronic processing needs. Aside from its main office in Long Island, the company also maintains offices in West Palm Beach, FL, Dallas, TX and Seattle, WA.

"We are very excited to have ACCPC join the Priority Payment Systems family", stated Afshin Yazdian, President of Priority Payment Systems, Merchant Acquiring. "ACCPC's strong sales and service culture is a natural fit with Priority's and will capitalize on our expanding suite of merchant solutions." Mike Murray, President of ACCPC, noted that "Priority's MX product technology provides our agents a sophisticated product platform to help drive increased sales opportunities and was a major factor in our decision to join
Priority. We are confident that our partnership will be a high-value proposition for our sales force and our merchant base seeking modern processing solutions."

“ACCPC's well established sales partners and proven track record are an excellent addition to the
Priority platform. The addition of the ACCPC team continues our development into attractive geographic regions and merchant verticals", said John Priore, CEO of Priority Payment Systems.

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Afshin Yazdian
Priority Payment Systems
+1 844-714-8687
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