Press Release - For Immediate Release

Electronic Payments Leads Movement towards 100% BPA-Free Thermal Receipt Paper

Calverton, New York – December 9, 2013 - Electronic Payments, a leading innovator in payment processing solutions, recently announced that their thermal paper supplies will no longer contain the chemical Bisphenol A (BPA).  The conversion addresses public health and ecological concerns.  It also complies with the Suffolk County Law, The Safer Sales Slip Act, whereas all receipts printed from POS and credit card terminals must be BPA-free by January 1, 2014. 

BPA is a chemical commonly found in polycarbonate products such as food packaging and thermal paper.  Public awareness regarding the chemical has increased as the United States Food and Drug Administration (FDA) identified BPA as a substance with potentially harmful side effects.   The high-concentrations of BPA on terminal paper can easily transfer onto anything it contacts, including skin, increasing dermal exposure and possible health risks. 

 “There is a growing demand for eco-friendly, BPA-free terminal receipt paper as many merchants and consumers perceive it to be a safer alternative to standard BPA paper,” commented Michael Nardy, Electronic Payments Founder and CEO.  “We are 100% BPA-free and 100% ready for Suffolk County Law The Safer Sales Slip Act.”

Mr. Nardy added, “We deploy more than 150,000 lbs. of receipt paper annually to businesses nationwide and have been preparing to provide BPA-free paper stock for the past six months.  Our customers are pleased with the transition.”

The BPA-free terminal paper functions exactly as the paper it replaces and will cost the same as the old supply.

Electronic Payments is one of the first processors and suppliers to distribute 100% BPA-free paper products.  Suffolk County, New York is the first county in the United States to ban the use of BPA in sales receipt paper.  For additional information regarding The Safer Sales Slip Act, visit http://legis.suffolkcountyny.gov/Resos2012/i2062-12.pdf.

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Contact:
Electronic Payments
Amber Josi
Director of Marketing
amber@electronicpayments.com
(800) 966-5520, ext. 286

About Electronic Payments
With “Innovation through every transaction™”, Electronic Payments has distinguished itself as one of the fastest growing and highly regarded privately held payment and transaction processing companies in the United States. Electronic Payments currently serves businesses in all industry types and acquires new clients through a network of agent banks, sales agents and independent sales offices (ISOs). Visit www.electronicpayments.com for additional information or visit www.bankcardprogram.com to learn more about the company's ISO and MLS programs.