Business Description

In 2025, Deluxe Corporation proudly celebrated its 110th anniversary, marking over a century of business excellence. Our enduring success is a testament to our innovation, our ability to adapt to the evolving needs of our customers, and the trust they place in us. We have transformed into a trusted Payments and Data company, serving small and medium-sized businesses, financial institutions, and some of the world's largest consumer brands. Our products and services are delivered through four business segments, primarily catering to clients and customers across North America. Business Segment Category Percentage of 2025 consolidated revenue Description Merchant Services Merchant services solutions 18.7 % Merchant in-store, online, and mobile payment solutions that provide tools to accept electronic payments, such as debit cards, credit cards, and other forms of payment B2B Payments Treasury management solutions 10.5 % Automated receivables technology, including remittance and lockbox processing, remote deposit capture, and cash application, as well as payment acceptance solutions Other payment solutions 3.1 % Integrated accounts payable disbursements, including eChecks, as well as Deluxe Payment Exchange, including digital and print and mail payments, also Medical Payment Exchange and fraud and security services Total 13.6 % Data Solutions Data-driven marketing 13.5 % Data analytics and marketing services for business-to-business and business-to-consumer marketing Other web-based solutions 0.9 % Financial institution profitability reporting and business incorporation services Total 14.4 % Print Checks 32.4 % Printed business and personal checks Forms and other business products 10.5 % Business essentials, including business forms, envelopes, labels, stationery, and more Promotional solutions 10.4 % Branded promotional, print, apparel, and digital storefront solutions Total 53.3 % In recent years, we made strategic decisions to exit certain of our businesses. During 2023, we sold our North American web hosting and logo design businesses, completing our exit from the web hosting space. Also in 2023, we entered into agreements to exit our payroll and human resources services business, facilitating the transition of our U.S. and Canadian customers to other service providers. These customer conversions were substantially completed during 2024. We believe these actions enabled us to focus our resources on our growth businesses, while optimizing