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Target Selects Fintech® to Streamline Beverage Alcohol Category
[September 26, 2017]

Target Selects Fintech® to Streamline Beverage Alcohol Category


TAMPA, Fla., Sept. 26, 2017 /PRNewswire/ -- Target Corporation has selected Fintech to manage payments between Target and 749 of its 814 beverage alcohol distributors. This significant award continues a relationship between Target and Fintech dating back to 2003. As the leader in data and electronic payments for alcohol purchases, Fintech is honored to remain a trusted partner of Target during this multi-year agreement.

Fintech logo

Leaders in the retail space, such as Target, know how cumbersome the beverage alcohol industry can be, and choose Fintech because they know Fintech can be trusted to deliver superior service, vital regulatory industry knowledge, and help ensure compliance.

Fintech is the pioneer in the industry - spending decades working with all fifty states to ensure electronic funds transfer (EFT) was an accepted method of payment for alcohol invoices. Fintech continues to pave the way with the development of new products to deepen its synergy with retail and distributor customers throughout the country.

"Fintech is proud to be the data and electronic payment solution for Target's beverage alcohol category," stated Fintech CEO Scott Riley. "Fintech will continue to provide Target with outstanding customer support, unmatched distributor coverage and a comprehensive solution for its alcohol purchases."

Fintech's OneSource® solution provides alcohol retailers and distributors with a suite of products and services to sreamline the alcohol purchase process. Business tools deliver valuable insight into purchase habits through customized analytic reporting, and resolution is made simple with reconciliation, purchase order and credit features.



For more information on Fintech's OneSource solution and its national retail partners, please visit www.fintech.net or contact 800.572.0854.

About Target
The first Target store opened in 1962 in the Minneapolis suburb of Roseville, Minn., with a focus on convenient shopping at competitive prices. Today, Target remains committed to providing a one-stop shopping experience for guests by delivering differentiated merchandise and outstanding value with its Expect More. Pay Less® brand promise. Target currently is the second largest general merchandise retailer in America, with Target.com consistently being ranked as one of the most-visited retail Web sites. For more information, visit Target.com/Pressroom


About Fintech
Fintech®, the leader in data and electronic payment for alcohol purchases, provides a OneSource® solution assisting retailers and distributors in managing their beverage alcohol business. With a comprehensive suite of products and services, Fintech provides insight into purchasing habits and product cost, resolution through reconciliation, purchase order and credit tools, and an avenue for the seamless exchange of data. Servicing over 450,000 relationships and 3,200 distributors, Fintech processes over 500,000 invoices weekly, representing $24 billion in payments annually. For more information, visit www.fintech.net and follow us on Facebook, Twitter, and LinkedIn.

Contact: Misha Hart, 800.572.0854 x 3827, [email protected]
Fintech on Facebook, Twitter, and LinkedIn

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SOURCE Fintech


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