Fifth Third renews processing agreements

Fifth Third renews processing agreements
Tags: Debit / Credit, Prepaid / Stored Value / Gift Card, Vantiv
June 6, 2010 - Frederick Lowe

Two national restaurant chains have renewed their card-processing agreements with Fifth Third Processing Solutions.

Fifth Third, which is based in Cincinnati, Ohio, will continue to process credit and gift cards for Bob Evans Farms Inc.'s restaurants. Bob Evans, which is based in Columbus, Ohio, operates Bob Evans and Mimi's CafÃ© restaurants throughout the Midwest and California.

Caribou Coffee Co. Inc. also renewed its credit–card processing agreement with Fifth Third Processing. Minneapolis-based Caribou, a Fifth Third customer since 2005, operates 413 company-owned and 123 franchise stores nationwide.

Fifth Third did not release the contracts' details.