Deluxe (NYSE: DLX), a Payments and Data company, has announced an expanded partnership with Peoples Bank, a $9.5 billion financial institution headquartered in Marietta, Ohio, to provide integrated merchant services.
This new engagement builds upon a relationship that has deepened over the past year. Peoples Bank previously placed a portion of its promotional business with Deluxe in January and its check business in March. The current expansion into merchant services aims to support Peoples Bank’s commercial client strategy by transforming transactional services into strategic assets that strengthen customer loyalty, improve operational efficiency, and drive non-interest income.
Brian Mahony, President of Merchant Services at Deluxe, commented, “Peoples Bank is a highly engaged Deluxe client, and this expanded partnership illustrates the potential when our teams collaborate to address the comprehensive needs of a client.”
Rich Vaughan, EVP, Retail & Business Banking at Peoples Bank, added, “Deluxe continues to be a trusted partner for Peoples Bank, and this expanded engagement reflects our shared commitment to providing business clients with forward-thinking solutions. We value Deluxe’s collaborative approach and how their team worked to understand our goals and deliver a plan that supports our vision.”
Deluxe, which has operated for over 100 years, offers solutions to help businesses manage payments, receive payments, and grow. The company supports millions of small businesses, thousands of financial institutions, and hundreds of large consumer brands, processing more than $2 trillion in annual payment volume.
