CardWorks Servicing is a nationally recognized leader in the industry. Get the inside scoop on jobs, salaries, top office locations. CardWorks Servicing, founded in 1987, provides customer service, collections, risk management, operational support and portfolio management to credit card issuers and acquirers. Find out what works well at CardWorks Merchant Services from the people who know best. is the parent company of Merrick Bank and CardWorks Servicing.
Merrick Bank is a Utah Financial Institution and is a member of the FDIC.ĬardWorks, Inc. Corporate credit cards are lines of credit you use on behalf of the company, but the structure of business credit card programs varies by organization. As a Top-20 merchant acquirer, the Bank has dedicated resources to sponsoring ISOs and processing for approximately 150,000 merchants with approximately $20 billion in MasterCard and Visa sales volume on a nationwide basis in various industries. With over one million cardholders and more than $1 billion in assets, Merrick Bank is a Top-25 issuer of Visa(R) cards, as well as an authorized issuer of MasterCard(R) cards. Payment processing describes the steps required to move money from a successful sale into your businesss bank account as quickly, cost-effectively, and. Merrick Bank, a wholly owned subsidiary of CardWorks, Inc., was founded in 1997 and is a premier issuer of non-prime credit cards. Merrick Bank will also work with the major payment networks and appropriate regulatory authorities to ensure the continued integrity of the information security systems associated with the newly acquired data processing assets.
Apple Card works like a traditional credit card, but it is deeply integrated into the. A credit card is a payment card that enables the cardholder to make purchases against a credit facility granted by a. “We are focused on ensuring that merchants using Pay By Touch processing retain the uninterrupted ability to accept payment cards and maintain continuity in the payment system,” said Dave Watson, Chairman of Merrick Bank. Apple Pay is a mobile payment and digital wallet service by Apple Inc. The data processing assets being acquired are used by merchants to facilitate the acceptance of credit and debit cards through major payment networks, including VISA and MasterCard. The acquisition was approved by the United States Bankruptcy Court for the Central District of California and was executed through a newly established Merrick Bank subsidiary, doing business as CardWorks Processing. CardWorks Processing announced that it has acquired the operating assets of Pay By Touch Processing, Inc., a subsidiary of Solidus Networks, Inc. The Works application is a Web-based, user-friendly electronic card payment management service that automates, streamlines, and integrates existing payment.
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