Transactions, credit and marketing services provider
Alliance Data Systems
said Tuesday that it signed a six-year agreement with the Omaha, Neb.-based
Pamida Stores Operating
, an affiliate of private investment firm
Sun Capital Partners
, to provide an integrated private label credit card program for its 206 U.S. retail locations.
Under terms of the agreement, the Dallas, Tx.-based company will provide private label credit card services including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; and customer service functions for Pamida.
Pamida, a general merchandises stores operator in small-to mid size communities in 16 Midwestern, North Central and Rocky Mountain States, posted sales of $810 million in the year 2005.
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