Heartland Payment Systems Inc. said last week it has made a "strategic equity partnership" deal with Parcxmart Technologies, a smart card parking company. Princeton, N.J.-based Heartland says it increased its investment in the Hampton Falls, N.H.-based Parcxmart but did not disclose the amount. Parcxmart's merchant-payment system uses the Parcxmart Card, a smart card that can be used at on-street and off-street parking locations, as well as at participating retail locations. The system makes sense to invest in because it replaces cash transactions with cashless payments, a Heartland spokesperson tells CardLine. …
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