JetPay Merchant Services Selected for Payments Processing by RE InfoLink11 March 2005
JetPay Merchant Services, LLC, an affiliate of Dallas-based payments services company Transactional Technologies, LLC, and the nation's leading provider of the JetPay™ suite of payment transaction processing solutions, has been selected by RE InfoLink to process subscriber credit card payments. Under the terms of the agreement, JetPay will provide Visa and MasterCard authorization, settlement and merchant account management services.
"JetPay's account management team worked with our MAS 90 provider to ensure the software's payments module captured and settled all required data elements, eliminating all Visa and MasterCard downgrade charges," said Shannon Hemphill, chief financial officer of RE InfoLink. "As a result, we're now qualifying all consumer and corporate card transactions at the lowest rates and RE InfoLink's annual bankcard acceptance costs have been reduced significantly."
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JetPay Merchant Services
RE InfoLink
"Providing RE InfoLink and its MAS 90 dealer with specifics regarding the complexities of the bankcard interchange qualification process is typical of our solutions-based approach to business development," said David L. Tepoorten, president of JetPay Merchant Services. "We continually educate on compliance with Visa's and MasterCard's rules governing credit card acceptance because doing so is the primary means for every acceptor to mitigate its effective costs."
About JetPay Merchant Services, LLC
Detroit-based JetPay Merchant Services, LLC is "Setting the Standard in Payments Delivery®" by providing transaction processing products and Visa and MasterCard merchant account support that enable its clients to convert payments acceptance technologies into business solutions. JetPay Merchant Services is an industry specialist in merchant account acquisition and management, and deploys its recommended payment options, strategies, software and solutions for credit card, debit card, prepaid/gift card, and electronic check acceptors across North America. For more information, visit www.jetpayms.com.
About RE InfoLink
RE InfoLink, located in Campbell, California, is a multiple listing service (MLS) for five California counties. RE InfoLink provides MLS products and services for real estate professionals and maintains a large MLS database with more than 8,000 active listings and over one million historical records. Formed in 1994, RE InfoLink is wholly owned by the real estate community. For more information, visit www.reil.com/insidereinfolink.
Contact:
Aliki Liadis
1.248.540.1100 x119
aliki@jetpayms.com
Source: Market Wire
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