Press Release - For Immediate Release
Electronic Payments Offers American Express OnePoint® Program
Calverton, New York – May 16, 2012 – Leading national payment and transaction processor, Electronic Payments, today announced that it will offer the American Express OnePoint® program, a cost-effective and comprehensive credit card acceptance solution that provides small to mid-size merchants the convenience of one source for billing statements, funds settlement and support for all major card brands.
With OnePoint, Electronic Payments becomes a certified OnePoint Service Agent and will offer the program to merchants nationwide. In addition to streamlining processing services, it provides American Express® Cardmembers with the opportunity to use their card at even more locations.
“We consistently strive to expand our portfolio of service offerings with solutions that mutually benefit our ISO/agent partners as well as merchants and consumers,” commented Michael Nardy, Founder and CEO of Electronic Payments. “OnePoint provides our agents with a significant competitive edge, enabling them to market to a broader range of clientele. Furthermore, OnePoint eliminates the inconvenience and complications that frequently arise when businesses accept multiple card brands and partner with multiple providers. Everyone benefits.”
Under the agreement, American Express will maintain the acceptance contract with participating merchants and establish merchant pricing. Electronic Payments will process merchants’ American Express OnePoint transactions on both its front-end authorization platforms and back-end clearing and settlement platforms.
Director of Marketing
(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 businesses 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 our ISO and MLS programs.