Mercury Responds To Heartland Lawsuit Announcement

On Jan. 30, Heartland Payment Systems issued a press release containing the details of a lawsuit the company filed against Mercury Payment Systems. Later that day, Mercury issued the following statement:

“Mercury will vigorously defend against the lawsuit filed by Heartland. Mercury Payment Systems’ rapid growth in the electronic payments market is directly attributable to the value and flexibility we provide our merchants and partners, and we stand by our business and pricing practices. We are proud of our consistently high satisfaction rates and low merchant attrition rates among merchant acquirers over the past 10 years.”