Shoreview, Minnesota-based distributor Deluxe (PPAI 187417, D12) has been named on a list of the most trusted companies for 2022 by Newsweek. The national publication grouped Deluxe in the category of “Financial Services” as its primary business is in providing small businesses with services like payment solutions, data, cloud, and merchant services, but Deluxe also has a substantial promotional products division.

  • Newsweek’s criteria included publicly traded companies across 22 industries with at least $500 million in annual revenue. Its research, in conjunction with data giant Statista, was based on a survey of 50,000 U.S. residents. 
  • “Perhaps not surprisingly, across industries, the companies that inspired the most trust tended to be long established,” Newsweek said of its list. Indeed, Deluxe has served clients for over 100 years.

What They Say:

“Deluxe is the Original Payments Company,” said Barry McCarthy, President and CEO of Deluxe. “For the last 106 years, we have been helping businesses of all sizes pay, get paid and grow. Being named of the most trustworthy companies in the country by Newsweek is further recognition of the incredible transformation we have been on in the last three years, creating platforms and solutions that help our clients thrive.”

Background:

Deluxe has recorded strides over the past few years as a company, both in the services it provides as well as its commitment to the sort of values that build public trust over time. The  company has received recent recognition as a great place to work for LGBTQ+ equality and parents. St. Catherine’s University in St. Paul also recognized Deluxe for the gender diversity in its leadership team.

  • In 2020, Deluxe reported overall corporate revenues of roughly $1.8 billion along with some 6,500 employees.