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Principal business services
include: electronic processing of point-of-sale credit
card transactions, administration of consumer private
label credit card programs, commercial accounts
receivable processing, electronic marketing services and
customized operating teleservices, such as technical
help-desk support and customer service. The company
operates its businesses primarily through two wholly
owned subsidiaries, SPS Payment
Systems, Inc. and Hurley State Bank. The company is
an indirect, 73.6 percent-owned subsidiary of Morgan Stanley,
Dean Witter, Discover & Co. (MWD). Contact: |