FOR IMMEDIATE RELEASE
Electronic Payment & Transfer Corp Triples Client Base in 2005
Rapid Market Acceptance of the EasyGreen Pay Card™ Solution
PONTE VEDRA, Fla., January 23, 2006 -- Electronic Payment & Transfer Corp,
a rapidly growing independent payment processing company, said its EasyGreen Pay Card™ client base
more than tripled in 2005 in response to its unique payroll card offering and value proposition.
The EasyGreen Pay Card™ enables companies to pay individuals including "unbanked," temporary, part-time,
seasonal, contract, and leased employees using a PIN-secured debit card and direct deposit, which offers greater
convenience, security, and cost-savings over expensive payroll checks for both employers and employees.
New clients included firms across several vertical industries including temporary staffing, transportation, trucking,
agriculture, financial services, healthcare, security management, and building management firms. New product offerings
introduced in 2005 included:
Secure EasyGreen Pay Card Administrator Website™ that enables employers
to instantly issue cards, add new employee cardholders, load value to cards in real-time, view payroll history, upload
batch payroll files, manage administrators, and generate reports
Fully certified EP&T Card Management System™ for direct
authorization, processing, and settlement of payroll card transaction in real-time
EasyGreen ePayStubs™ enables employers to electronically deliver
pay stub information including deductions via a secure website or standard pushbutton telephone
Surcharge-Free ATMs provides cardholders access to over 32,000 surcharge-free
ATMs nationwide through the Allpoint Network™
Secure EasyGreen Cardholder Website™ enables employees to perform
routine inquiries and transactions including account maintenance, balance inquiry, and transaction history requests
EasyGreen Card Transfers™ enable cardholders to transfer money worldwide
from one card to another card for one low fee regardless on the amount transferred
EasyGreen Pay Alerts™ allows cardholders to automatically receive
load alerts such as "You Got Paid" through wireless devices such as cell phones or an email account
Steve Graham, President and CEO of Electronic Payment & Transfer Corp, said "We appreciate the confidence
and trust placed in our company by many new clients during the past year. We are committed to delivering a feature-rich,
low-cost payroll card solution to our new and existing clients."
About
Electronic Payment & Transfer Corp
Electronic Payment & Transfer Corp is a rapidly growing payment processing company for financial institutions in the U.S. The company provides turnkey and private-label ATM/POS transaction processing, card management, money transfer, and settlement services. For more information about the company, please visit www.eptransfer.com. Certain
statements contained in this press release, including statements
regarding events and financial trends that may affect our future
operating results, financial position and cash flows, may constitute
"forward-looking statements" within the meaning of federal
securities laws. These certain statements are based on our
assumptions and estimates and are subject to risks and
uncertainties. You can identify these forward-looking statements by
the words like "strategy," "expects,"
"plans," "believes," "will,"
"estimates," "intends," "projects,"
"goals," "targets," and other words of similar
meaning. You can also identify them by the fact that they do not
relate strictly to historical trends or current facts. For these
statements, we claim protection of the safe harbor for
forward-looking statements provided by the Private Securities
Litigation Reform Act of 1995.
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