National Merchant Center Named Official Payment Processor for the Latino Coalition

National Merchant Center Named Official Payment Processor for the Latino Coalition



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Irvine, CA–(HISPANIC PR WIRE – BUSINESS WIRE)–June 5, 2007–National Merchant Center (NMC), the California based global payment processing provider, has been selected as the Official Payment Processor for the Latino Coalition, the national umbrella organization that serves major Hispanic business and professional groups throughout the country.

At their Washington DC Economic Summit this past month, the Latino Coalition presented the NMC solution to the participating small businesses who had come together to meet with the Secretary of Commerce, the Secretary of Transportation and the Secretary of the Treasury for their annual Hispanic review of pending business matters.

“The exponential growth of Hispanic small business in the United States mandates effective and efficient financial processing that is multi-lingual, user friendly and affordable,” said Hector Barreto, Chairman of the Latino Coalition and former Administrator of the United States Small Business Administration. “NMC has combined exciting new technology with time tested traditional business services to offer Latino entrepreneurs what they need to begin and to grow their companies.”

“Some of the more common challenges in the small business arena are the complications of processing huge numbers of credit card transactions in a global economy,” said Alex Pitt, CEO and President of NMC. “This creates frustration and the need for simple, easy to understand financial reporting which is what we are able to provide.”

National Merchant will present a workshop on credit card and check processing for Hispanic small business owners at upcoming Latino Coalition events in Chicago (August 27) and Dallas (November 2) More information is available at: http://www.nationalmerchant.com

National Merchant Center Named Official Payment Processor for the Latino Coalition