ConocoPhillips Expands Pact With Heartland Payment Systems

PRINCETON, N.J. -- ConocoPhillips inked a five-year expanded contract agreement with Heartland Payment Systems, which allows Heartland Network Services group to continue authorizing debit and credit card transactions at the company’s branded locations. The pact also calls for Heartland to begin settling Visa and MasterCard credit card transactions at ConocoPhillips-branded locations as well.

The expanded card processing agreement is being supported by a new partnership between Heartland and Barclays Bank Delaware, the U.S. operation of Barclaycard, which will be delivering the payment network sponsorship services for the ConocoPhillips transactions.

"ConocoPhillips has a longstanding commitment to responsible refining and fuels marketing, just as Heartland has a longstanding commitment to responsible payments processing," said Bob Carr, Heartland's chairman and CEO. "We're proud to continue and expand our 20-year relationship by delivering secure, PCI-compliant network transaction processing services to ConocoPhillips-branded locations across the country. In addition, Heartland is pleased to announce our arrangement with Barclays Bank Delaware for the bank sponsorship activities for the ConocoPhillips transactions."