Press Release: EP&T Completes Certification with the STAR® Network

PONTE VEDRA, Fla., November 8, 2005 -- Electronic Payment & Transfer Corp, a rapidly growing independent payment processing company, today announced that its debit card management platform has been fully certified by the STAR® Network. STAR® certification provides customers a tested, secure, and proven web-enabled platform for multiple types of prepaid/ stored value cards including payroll cards, travel cards, private-label store cards, and insurance cards.

As a certified Direct Issuer Processor in the STAR® Network, the company’s web-based card management system supports all required financial transactions including ATM and point-of-sale (POS) transactions in an online, real-time environment as well as complete PIN management and encryption in accordance with STAR® Network operating rules. The company maintains a direct, real-time link to the STAR® Network to provide authentication, authorization, transaction processing, settlement, and reporting services for corporations, financial institutions, and merchants.

The performance of the EP&T card management platform was rigorously tested by an independent third-party using state-of-the-art volume and transaction rate measurement tools, which verified scalability, reliability, and throughput.

Steve Graham, President and CEO of Electronic Payment & Transfer Corp, said "We are please to announce the company’s certification as a Direct Issuer Processor in the STAR® Network, which is the largest EFT network in the United States. Our clients now have a fully certified card management platform for their pay card and private-label programs."

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.

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