SOURCE: Austin Ventures; Century Payments

Austin Ventures; Century Payments

October 05, 2009 11:18 ET

Century Payments Partners With Susan G. Komen for the Cure® as Preferred Credit Card Processor

National Credit Card Processing Company to Donate at Least $450,000 Through New Customer Incentives

FRISCO, TX--(Marketwire - October 5, 2009) - Century Payments, Inc., an emerging leader in the credit card processing industry announced that it has entered a three-year alliance with Susan G. Komen for the Cure®, the global leader in the breast cancer movement. Through its merchant services business, Century Payments will make a one-time donation of $25 and donate 5% of net revenue realized from each new customer with a minimum annual donation of $150,000. Century's Every Swipe Counts™ program will be marketed by more than 500 sales executives nationwide.

"Our entire organization is excited to enter into a new alliance with Susan G. Komen for the Cure," said Eric Frazier, Co-founder of Century Payments. "We are honored to help raise funds and awareness for this dedicated organization determined to find the cures for breast cancer."

"Susan G. Komen for the Cure is excited to have Century Payments as a new partner in our promise to save lives and end breast cancer forever," said Katrina McGhee, VP of Global Partnerships at Komen for the Cure. "We knew that his partnership was a great fit for our organization as it allows merchants across the country a visible and effective way to join the breast cancer movement."

In 2009, it is estimated that more than 180,000 new cases of invasive breast cancer were diagnosed in women and more than 40,000 women died from breast cancer in the United States.

"These numbers are unacceptable," said McGhee. "We have come a long way in 28 years, but there is still more work to be done. With the help of partners like Century Payments, we are moving closer to our vision of a world without breast cancer."

"Our team has set a very high bar for what success means at Century," said Robert Wechsler, CEO for Century Payments, "and we intend to put all of our collective energy into this worthwhile initiative. Our customers will proudly display Every Swipe Counts signage at their registers and we hope that this will serve as a reminder to our local communities of our commitment to the breast cancer movement. We hope to help make a difference in the fight for the cures one credit card transaction at a time."

Century Payments was inspired to partner with Komen for the Cure through the personal impact breast cancer has had on Century's leadership team. "Like so many others, this disease has impacted our corporate family and we are proud to be united with Susan G. Komen for the Cure, an incredible organization, and I am personally grateful to be a part of this unique opportunity. This new alliance is our way of extending support to the community by offering those who select Century Payments for their credit card processor an opportunity to help join us in the fight against breast cancer."

About Century Payments, Inc.

Century Payments, Inc. ("Century") provides payment processing solutions to small and medium-sized merchants in the United States. Century also provides consulting services and growth capital to merchant service providers and Independent Sales Organizations (ISOs) in the payments industry. The company is backed by a commitment by Austin Ventures. The company is based in Dallas, Texas. Visit www.centurypayments.com for more information.

About Susan G. Komen for the Cure®

Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982, that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world's largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Komen Race for the Cure, we have invested more than $1.3 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information about Susan G. Komen for the Cure, breast health or breast cancer, visit www.komen.org or call 1-877 GO KOMEN.

Contact Information

  • Media Contacts:

    Elizabeth Chandler
    Century Payments, Inc.
    972-292-7734
    Email Contact