BluePay’s ABA-Endorsed Merchant Processing Solution Helps Virginia Partners Bank Stay Competitive
NAPERVILLE (April 12, 2017) –
BluePay, a leading payment processor specializing in serving financial institutions and their business customers, is pleased to announce its collaboration with Virginia Partners Bank to provide a competitive payment card acceptance service to expand the bank’s product offering. This partnership marks the first signed bank for BluePay under the American Bankers Association (ABA) relationship since the recent endorsement of its merchant processing solution.
David Duncan, Senior Vice President and Chief Financial Officer for Virginia Partners Bank, said, “As an ABA member, we value the time and effort put forth by the association to research solutions that will help our bank save money, streamline processes, and increase our revenue stream. When it came time to select a merchant processing solution, we looked no further than the ABA and its endorsement of BluePay. BluePay’s company culture aligns with our business model perfectly – to ensure our customers receive value-added services to help them grow their business, backed by exceptional customer support.”
“Increasingly, merchants are looking to their financial institutions for merchant card services, and that means that community banks must have a partner they can trust with their commercial accounts,” commented Christopher McClinton, Senior Vice President for the American Bankers Association. “ABA considered carefully the most capable companies operating in this space and determined that BluePay was the best qualified to service its members. We’re proud of the work they’re doing with community banks.”
Joe Posey, VP, Financial Institution Partnerships for BluePay, said, “Our endorsement from the ABA has opened up many new opportunities for us, and we are excited to work with Virginia Partners Bank and its business customers. We provide large company capabilities with small company attention, and this is why banks partner with BluePay.”
About BluePay: BluePay is a leading provider of technology-enabled payment processing solutions designed to meet the unique needs of banks and their customers. We work with banks to offer efficient, cost-effective payment programs that scale and develop as their customers’ businesses grow. Our industry experience, combined with our dedicated support, allows us to help banks and their customers navigate the complexities of payments to make accepting credit, debit, ACH and other payment options simple, secure and fast. BluePay is headquartered in Naperville, Illinois, with offices in Chicago, Maryland, New York and Toronto. For more information, follow BluePay on Facebook, Google+, Twitter, and LinkedIn, or visit www.bluepay.com.
About Virginia Partners Bank: Virginia Partners Bank is a commercial bank organized for the purpose of serving the banking needs of small and medium sized business and their owners and employees, real estate investors and developers, and professionals and their practices. Virginia Partners Bank has three branches in Fredericksburg, Virginia and one branch in La Plata, Maryland. As of June 30, 2016, Virginia Partners Bank had total assets of approximately $323 million. For more information, visit www.vapartnersbank.com.
About American Bankers Association: The American Bankers Association is the voice of the nation’s $16 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $12 trillion in deposits and extend more than $8 trillion in loans.