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Industry Center > > Banc of America Merchant Services, LLC Company Profile
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Banc of America Merchant Services, LLC Company Profile
The next time you swipe your card and it clears, you might thank Banc of America Merchant Services. A 2009 joint venture between Bank of America and First Data, it is one of the largest processors of electronic payments in the US. The firm handles more than 7 billion check and credit, debit, stored value, payroll, and electronic benefits transfer card transactions (worth a total of some $250 billion) annually. Its clients are small businesses and large corporations including retailers, restaurants, hotels, supermarkets, utilities, gas stations, convenience stores, and government entities. First Data owns 51% of Banc of America Merchant Services, while Bank of America owns 49%.
Contact Information
Address: 1231 Durrett Ln.
Louisville, KY 40213-2008
Phone:502-315-2000
Fax:502-315-3535
Financial Highlights
Fiscal Year End:December
Key People
CEO: Thomas R. (Tom) Bell Jr.
Industry Information
Sector:
Industry:
Top Competitors
Chase Paymentech Solutions, LLC
Elavon, Inc.
Fiserv, Inc. (fisv)
 


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