FOR IMMEDIATE RELEASE
Media Contacts: Anna Beaty Kerr
Planet Group Inc.
402-964-1945
abeaty-kerr@planetgroupinc.com


Litle & Co. Selects Planet Financial Services’ Acquire360 Merchant Acquiring System

 

Omaha, NE – (March 8, 2007). Planet Financial Services (Planet), a leading provider of payment transaction processing solutions and industry consulting expertise for the financial services industry, announced today that Litle & Co., one of the fastest growing privately held merchant card processing acquirers in the United States, has selected Planet’s Acquire360 Interchange Compliance Module.

 

Acquire360 has been integrated with Litle & Co.’s current proprietary back office and customer support systems building upon their IT investment while allowing for flexibility and future growth.

“Planet’s software allows Litle & Co. to replace an in house solution with a best of breed product allowing us to stay ahead of our competitors and reduce our maintenance costs,” said Tim Litle, Chairman of Litle & Co. As part of the relationship, Tim Litle acquired a minority interest investment in Planet.

 

The Acquire360 module will further enhance Litle & Co’s leading-edge technology strategy by reducing operational costs and providing better payment management. “Planet is excited to provide Litle & Co. this top of the line compliance solution,” said Matt Minchow, President of Planet Financial Services. “Litle & Co. is a recognized leader in the payment and direct marketing industries and Planet looks forward to assisting Litle & Co. with their strategy to deliver cutting-edge technology to their customers.”

 

About Litle & Co.

Litle & Co was founded in 2001 by payment and direct marketing industry leaders and is lead by direct marketing pioneer Thomas J. (“Tim”) Litle. Litle & Co. is the only independent payment processing company focused exclusively on direct marketers. The combination of new technology with a fresh approach on payment processing systems development, resulted in a next generation payment processor that simultaneously provides more services to Direct Commerce Merchants while reducing their maintenance costs and giving them more flexibility and options. Our solutions are tailored to merchants’ individual needs, without any hidden fees or arbitrary charges, and based on a philosophy of “truth in pricing” and “truth in reporting.” For more information about Litle & Co., visit www.litle.com.

  

 

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