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Heartland Payment Systems, Inc.

Heartland Payment Systems, Inc.

Sector: Functions Related To Depository Banking Not Elsewhere Classified Region: NJ, United States


: | New York Stock Exchange: HPY


Heartland Payment Systems, Inc. provides bankcard payment processing services to merchants in the United States. It involves facilitating the exchange of information and funds between merchants and cardholders financial institutions, providing end-to-end electronic payment processing services to merchants, including merchant set-up and training, transaction authorization and electronic draft capture, clearing and settlement, merchant accounting, merchant assistance and support and risk management. The company operates through five reportable segments: Card, Payroll, Heartland School Solutions, Campus Solutions and Other segments. The Card segment provides bankcard payment processing and related services to its SME and Network Services merchants. The Pay Roll segment provides payroll processing and related tax filing services. The Heartland School Solutions segment provides school nutrition and point-of-sale solutions. The Campus Solutions segment provides open and closed loop payment solutions and higher education loan services. The Other segment consists of Prepaid Card, which provides prepaid card, stored-value card and loyalty and gift card marketing solutions and other miscellaneous income. Heartland Payment Systems was founded by Robert O. Carr in March 1997 and is headquartered in Princeton, NJ.

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