AIADA Establishes Partnership with Moneris Solutions for Dealership Electronic Payment...

AIADA Establishes Partnership with Moneris Solutions for Dealership Electronic
Payment Processing
National dealer association partners with one of North America's largest
processors of credit and debit card transactions

ALEXANDRIA, Va., Jan. 14 /PRNewswire/ -- The American International
Automobile Dealers Association today announced a new affinity partnership with
Moneris Solutions, designed to provide dealer members with exclusive pricing
on merchant card processing, check guarantee and conversion, gift cards and
ACH/EFT processing. Moneris Solutions is one of North America's largest
payments processors with a roster of clients that include numerous Acura,
Lexus, Mercedes-Benz and other leading car dealerships.
"As more and more customers seek to pay by credit and debit card, and
check services become a critical component to closing deals, the ability to
accept any type of payment has become a fundamental element in maintaining
dealership customer satisfaction," said AIADA President Cody Lusk. "Through
Moneris' flexible and turnkey merchant services solutions, our dealers have
the opportunity to enhance customer convenience throughout the transaction
process and put their focus back on running the business."
Moneris Solutions has over 40 years experience in the payment processing
industry and currently processes more than 2.5 billion credit and debit card
transactions a year for over 350,000 merchant locations across North America.
By partnering with Moneris, AIADA dealers will have access to a simple,
exclusive pricing structure, a wide array of hardware and software solutions
for payment processing, and unparalleled 24/7 customer and technical support
to meet their unique needs. As an added bonus, Moneris' loyalty program will
reward dealerships' best customers and help retain crucial service business.
"We are excited about our partnership with AIADA and its members," said
Gregory Cohen, President of Moneris Solutions. "Moneris recognizes that each
of our clients is unique and requires a specialized program. We believe our
tailored solutions are ideal for automotive dealers both large and small."
With the addition of Moneris Solutions, AIADA introduces another world-
class provider to its Member Benefits Program. AIADA researches hundreds of
companies serving the auto industry and selects only those who provide the
highest value and quality products, sales, and service to participate in the
Member Benefits Program as an Affinity Partner.
About AIADA
Founded in 1970, AIADA is dedicated exclusively to the economic and
political interests of America's international nameplate automobile dealers,
representing the 11,000 American automobile franchises that sell and service
international nameplate brands, including: Acura, Aston Martin, Audi, Bentley,
BMW, Ferrari, Honda, Hyundai, Infiniti, Isuzu, Jaguar, Kia, Land Rover, Lexus,
Maserati, Maybach, Mazda, Mercedes, MINI, Mitsubishi, Nissan, Porsche, Rolls
Royce, Saab, Scion, Subaru, Suzuki, Toyota, Volkswagen and Volvo. These
retailers have a positive economic impact both nationally and in the local
communities they serve, providing nearly 500,000 American jobs. Visit AIADA
online at www.aiada.org.
About Moneris Solutions
Moneris Solutions, Inc. (www.monerisusa.com) has a 40-year history as one
of North America's largest electronic transaction processors, delivering
advanced payment card processing capabilities through point-of-sale hardware,
payment processing software, e-commerce solutions and a gift and loyalty
program. Moneris provides transaction-processing services nationwide through
numerous agent banks and serves the small to medium-sized business market
through direct sales and strategic partnerships. A joint investment of the
Royal Bank of Canada and the Bank of Montreal, which have assets in excess of
$700 billion, Moneris Solutions serves more than 350,000 North American
merchant locations and has a staff of over 1,100 employees. Moneris' U.S.
headquarters are located outside of Chicago, IL.
SOURCE American International Automobile Dealers Association

Melissa Anderson of American International Automobile Dealers Association,
+1-703-519-7800, andersonm@aiada.org