Article: Sovereign Bank Launches New Program With First Data Merchant Services; Sovereign Merchant Services Will Target New England and Mid-Atlantic Markets.

WYOMISSING, Pa., Sept. 11 /PRNewswire/ --

Sovereign Bank and First Data Merchant Services have entered into an agreement to launch a new merchant services program that will give Sovereign business customers access to the nation's largest electronic payment processing network. The program will be marketed as Sovereign Merchant Services.

"The Sovereign Merchant Services program gives us the opportunity to provide an exciting new service for our business customers. The alliance with First Data Merchant Services will provide additional customized solutions for our business banking customers and also offer one-stop shopping for all their cash management ...

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