Heartland acquires campus card pioneer General Meters Corp.
Purchase jumpstarts payment processor’s entry into the college and university market
The recently announced purchase of campus card supplier General Meters Corp. (GMC) by payments processors, Heartland Payment Systems, has likely delivered the resources the small company needed to stay competitive.
Heartland’s campus card appetite was first whetted with its Slippery Rock University experience in mid-2007. The provider of credit/debit/prepaid card processing, payroll and payment services implemented a campus card program at the Pennsylvania campus that involved the ubiquitous cell phone and the campus card.
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