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Standard Payments, LLC Completes Name Change to JetPay Merchant Services, LLC

9 February 2005

Standard Payments, LLC announced today that it has changed its name to JetPay Merchant Services, LLC.

The new name is reflective of the company's affiliation with Dallas, TX-based JetPay, LLC and its role as the leading provider of the JetPay™ suite of payment transaction processing solutions. The company's ownership and management structure remains unchanged.

"Our new name and re-branding makes clear our commitment to remain focused on growing our merchant account portfolio of 'high speed need' clients," said David L. Tepoorten, president of JetPay Merchant Services, LLC. "This action also resolves marketplace brand confusion and permits fully leveraging the technology and support infrastructure that serves the needs of customers common to both companies."

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 and www.jetpay.com

Source: dBusinessNews Detroit


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