FTS Acquires Aliant Financial Services

Financial Transaction Services, a full service provider of electronic transaction processing, today announced that it has acquired Aliant Financial Services, LLC.

Since 2001, Aliant Financial Services has focused on serving the ever-changing needs of the merchant bankcard marketplace, which includes merchant accounts , payment processing and credit card processing and credit card processing equipment. Through the combination of state-of-the-art bankcard technology and years of experience in the credit card processing industry, Aliant brings to the market a program unmatched in pricing, service, payment processing and customer support.

All of us at Aliant are very pleased to become part of the FTS family, said Eric Oedgard, President of Aliant. We believe that Aliant Trusted Source merchant processing solutions matched with FTS’s philosophy of Total Client Care offers the discriminating ISO and agent a new industry standard for customer service and a complete package of quality products.”

Aliant Financial Services provides FTS over 4,000 merchants to our existing portfolio as well as over 150 new merchants per month said Brian Shanahan, Chairman of Financial Transaction Services. The addition of Eric Odegard, President of Aliant Financial Services and his sales force gives Financial Transaction Services an even stronger presence in the merchant processing market. We will continue to acquire companies that complement our Total Client Care philosophy and help us grow, said Shanahan.