Federated Payments Named to the Inc. 500/5000 List

Online, September 20, 2011 (Newswire.com) - Federated Payment Systems, a leading provider of credit card processing and related merchant account services for independent business owners in North America, announced its inclusion in Inc. Magazine's 5th annual Inc. 500/5000 list, an exclusive ranking of the nation's fastest-growing privately held companies.

Inc. Magazine president, Bob LaPointe states, "The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression. The 2011 ranking showcases a particularly hardy group of entrepreneurs."

Jon Levitt, Federated's Chief Executive Officer, reacts, "According to the SBA, there are over 28 million privately held businesses in the U.S. To be included in the Inc. 500/5000, is a huge thrill for me personally and a great testament to the constant efforts of our employees to be the best company we can be."

Federated's President, John Guirguis, adds, "Year after year, we are constantly enhancing our best-in-class practices in the way we do business - with our employees, partners and customers. It's these innovations that have led us to be recognized by such a prestigious organization as Inc. Magazine."

Founded in 1999, Federated Payment Systems is a leading international provider of processing solutions and related services for independent business owners in both the U.S. and Canada. Federated takes a consultative approach in developing long-standing relationships with our merchant customers, Independent Sales Offices and Cash Advance Partners enhancing the way they do business. Federated offers a diverse suite of cost-effective solutions that include credit and debit card processing, equipment leasing, gift and loyalty card programs, cash advances and check approval services as well as its industry-leading Agent Partner Portals. Headquartered in Melville, NY, Federated Payments is the single source for the full range of electronic payment solutions. For more information, visit us at www.federatedpayments.com.