PMAA Teams up with Worldpay to Offer Petroleum Marketers Discounted Processing Rates
PMAA has negotiated a new contract extension with Worldpay that went into effect recently. The exclusive agreement offers discounted processing rates (0.029 cents) that cannot be increased during the term of the agreement to state association members. Efforts to receive superior pricing were achieved by partnering with NACS. Both PMAA and NACS combined their number of locations on the credit card program which will result in lower transaction fees to member companies as both programs grow. Other than combining the total number of locations to receive lower fees, the two programs will be managed and run separately with procedures in place to ensure members of both associations are placed in the correct program.
Worldpay is a significant player in the unbranded and mid-tier payments industry and leader in value-added services. Please reach out to Dan Fisher for additional information on the program and endorsement opportunities. He can be reached at Daniel.Fisher@worldpay.com or at 972-213-6954 or click here for more information.
NACS is offering this exact same discount program with Worldpay – please be sure to register through TFCA/PMAA -- the endorsing entity receives a royalty and we want to be sure that the royalty goes to TFCA. The endorsement royalty is more important to the TFCA budget than the NACS budget, so please support your state association when you sign up!