Electronic Payment and Transfer Corp (EP&T), a direct processor and Paycard Program Manager since 2005, has agreed to refer all of its client programs and cardholders to Global Cash Card effective June 30, 2009. EP&T will terminate the operation of its platform and data center including processing, network telecommunications and other services. “We are honored that EP&T decided to choose Global Cash Card after a vigorous due diligence process that included several paycard providers”, J.F. Purcell, President and C.E.O. of Global Cash Card remarked. “They have enjoyed an exemplary reputation in the paycard marketplace and we look forward to a mutually beneficial relationship. As part of the Agreement, Global Cash Card has approved EP&T as a non-exclusive, independent sales organization to market its suite of MasterCard and Visa Paycard Programs.About Electronic Payment and Transfer Corp.
Jacksonville, FL based since 2005, Electronic Payment and Transfer Corp. is a leading provider of paycards in the U.S. The company´s flagship product, the EasyGreen PaycardTM enables employers to pay their employees with a paycard instead of printing, distributing and reconciling paychecks. For additional information, please visit the company website at www.eptransfer.com.
About Global Cash Card™
Global Cash Card™ is the industry leader in customized paycard solutions that are simple to implement and easy to use. The company is a wholly owned subsidiary of World Processing, Ltd, a leader in electronic financial transaction technology. Global Cash Card™ is a direct processor that offers Debit MasterCard® cards, Visa Prepaid cards, and PIN-based ATM cards. The company develops and owns the proprietary software which enables the products and services it offers.