Electronic Payment Exchange and Pioneer Telephone Enter Into Multi
Year Relationship
PINless Debit Meets Customers Diverse Payment Needs
WILMINGTON, Del. (Business Wire EON) June 30, 2008 --
Electronic Payment Exchange (EPX), the
industry-leading provider of fully integrated, end-to-end payment
processing solutions has announced today it has signed a multi-year
agreement with Pioneer Telephone to process its customers’
payments.
Under the terms of the agreement, EPX will be the exclusive processor
for credit and debit card payments for Pioneer. In addition to
traditional payment processing, Pioneer will begin using EPX’s
PINless Debit
product to process their customers’ payments
who choose to pay for services using their debit cards.
Merchants who are eligible to accept the PINless Debit transactions for
payment recognize a significant reduction in the overall expense
associated with non-face-to-face payment acceptance. EPX is one of a
select few providers who enable their clients to take advantage of this
payment type on the Star, NYCE, and Pulse debit networks. EPX PINless
Debit fees are less costly than traditional card interchange fees.
“For Pioneer, the decision to contract with
EPX for payment processing was
obvious. EPX offers superior processing services. And, more and more of
our customers want the option of paying for their telephone services
with their debit cards. EPX’s ability to
process PINless Debit transactions enables us to meet our customers’
needs while dramatically reducing our costs,”
said Susan Bouchard, Pioneer President and Chief Financial Officer.
“EPX is extremely pleased to welcome Pioneer
Telephone to the growing family of leading brands that EPX serves.
Pioneer is a leader in the telecommunications industry, and we are proud
to provide a solution that assists them in serving their customers’
diverse needs,” said Ray Moyer, Chief
Executive Officer and President of EPX.
About Electronic Payment Exchange
Founded in 1979, Electronic Payment Exchange is the industry-leading
provider of fully integrated, end-to-end payment solutions for merchants
across all distribution channels, from POS to MOTO and Internet. EPX
offers a full range of payment processing services for leading
merchants, retailers, e-tailers and banks in the United States, Canada,
Europe, the Middle East, Latin America and the Caribbean.
EPX is a Participating Organization of the Payment Card Industry
Security Standards Council. EPX is a VISA U.S.A. Cardholder Information
Security Program (CISP) Compliant Service Provider, and a MasterCard
Site Data Protection (SDP) Compliant Service Provider.
EPX is headquartered in Wilmington, Delaware, with offices in Phoenix,
Arizona.
For more information on EPX, visit www.epx.com
or contact EPX at 302-246-3110.
About Pioneer Telephone
Pioneer Telephone is a privately held long-distance service provider
founded in 1989 and headquartered in Portland, Maine. Since inception,
Pioneer has been helping residential and business customers save money
on long distance plans, toll free numbers, phone cards and more. As a
leader in the telecom field, Pioneer is renowned for providing quality
long distance service at the lowest prices available.
For more information on Pioneer Telephone, visit www.pioneertelephone.net.
Keyword Tags: epx, payment processing, pinless debit
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