ST. PETERSBURG, FL – Certegy Inc., a leading global payment services provider, today announced that it has expanded its check risk management agreement with Federated Department Stores to include full warranty services.
Federated is one of the nation’s leading department store retailers, with more than 450 stores in 34 states, Guam and Puerto Rico operating under the names of Macy’s, Bloomingdale’s, Bon-Macy’s, Burdines-Macy’s, Goldsmith’s- Macy’s, Lazarus-Macy’s and Rich’s-Macy’s.
“As the leading provider of check risk management solutions, Certegy is an excellent partner in facilitating check acceptance at the point of sale and providing protection from fraudulent transactions,” stated Amy Hanson, President of FACS Group (Financial, Administrative and Credit Services), which is a subsidiary of Federated Department Stores. “At Federated, our customers are paramount. Partnering with Certegy on our acceptance process will enable us to devote more resources to better serve our customers.”
“Federated operates two of the most recognized nameplates in retailing — Macy’s and Bloomingdale’s — and we are delighted to continue our long-term relationship,” said Jeff Carbiener, executive vice president and group executive of Certegy Check Services. “Each time key customers like Federated renew — and expand — their agreements, it’s a testimony to our ability to provide our customers with increased sales, lower losses and improved bottom line profitability.”
