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Sun National Bank Is First NJ-Based Bank To Provide Pogo>® To Small Business Customers

Stocks in this article: SNBC

MOUNT LAUREL, N.J., Sept. 23, 2013 /PRNewswire/ -- Sun National Bank is expanding its portfolio of technology solutions for small businesses and merchants with Pogo> ®, a mobile payment processing solution. Sun is the first New Jersey-based bank to provide this mobile payment solution, in collaboration with First Data, a global leader in electronic commerce and payment processing.

(Logo: http://photos.prnewswire.com/prnh/20120430/PH97193LOGO)

Pogo> is a business-grade solution that enables a merchant to accept credit, signature debit or cash payments anywhere in the United States where the merchant has wireless coverage.  Pogo> works by allowing a merchant to combine a web-enabled iOS or Android smartphone or tablet with a mobile application and secure mobile card reader to create a point-of-sale (POS) device.

" Sun National Bank is dedicated to providing our small business owners, entrepreneurs and local merchants with products and services that enable them to grow their businesses and succeed," said Thomas X. Geisel, President and CEO, Sun National Bank.  "With the ability to access Pogo> in our growing suite of small business banking services, our customers can leverage the latest technology to securely process payments, more effectively manage their expenses and improve their bottom line."

Sun customers who use the Pogo> solution will benefit from First Data's latest key service benefits, including (but not limited to):

  • Acceptance of credit, signature debit and cash payments
  • World-class security, including encryption the moment the card is swiped, to ensure peace of mind and risk mitigation
  • Electronic receipts with email and text options
  • Real time summary reporting available in the application
  • Durable mobile card reader that provides reliable swipes
  • Fast funding into a merchant's bank account (often by next business day)
  • 24/7 phone, email, web portal and chat support from service experts

" Sun National Bank, which has historically been an early adopter of technology solutions that optimize banking services for clients, is an ideal partner for Pogo>," said Brian Goudie, senior vice president, First Data. "Sun is committed to investing in the most advanced services and products for the benefit of their customers and having Pogo> in their product set is definitely a strategic differentiator for the bank."

About First Data

Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction. More information about the company is available on  FirstData.com as well as on Twitter, LinkedInFacebook and YouTube.

About Sun

Sun Bancorp, Inc. (NASDAQ: SNBC) is a $3.21 billion asset bank holding company headquartered in Vineland, New Jersey, with its executive offices located in Mount Laurel, New Jersey.  Its primary subsidiary is Sun National Bank, a full service commercial bank serving customers through 50-plus locations in New Jersey.  Sun National Bank was named one of Forbes magazine's "Most Trustworthy Companies" for five years.  Sun National Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the Federal Deposit Insurance Corporation (FDIC). For more information about Sun National Bank and Sun Bancorp, Inc., visit www.sunnationalbank.com.

SOURCE Sun National Bank

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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