Secure Payment Systems

Date: April 9, 2003
Place: San Diego, California
Contact: Steve Eazell-Director National Sales and Marketing
Phone: 1-866-300-3376
Fax: 1-707-836-1979
Email: seazell@securepaymentsystems.net
Web www.securepaymentsystems.net

Secure Payment Systems(SPS) to certify Ingenico 2600 Check Reader / Imager

Industry leading check service provider to use Ingenico's Check Image Archive Solution for Check image access

(Atlanta, GA) - Ingenico, the worldwide EFT terminal shipment leader, today announced an agreement with Secure Payment Systems, Inc. of San Diego, CA, where Secure Payment Systems (SPS) will certify the Ingenico 2600 Check reader / imager for resale through ISOs and Acquirers. The agreement also states that Secure Payment Systems has certified and is able to use Ingenico's Image Archive Service for itself as well as for those merchants than want to reference check images via a secure Internet connection. Secure Payment Systems is one of the nation's leading providers of check and gift card services and the only combination provider of both electronic check conversion and gift card services.

Kristin Helbert, Director of Product Development for Secure Payment Systems stated, "The Ingenico 2600 check reader / imager offers unique features such as a printer and gray scale imaging as well as connectivity options that other imagers on the market do not provide. Ingenico also has a history of manufacturing robust check readers with superior first pass read rates. These factors lead Secure Payment Systems to certify the 2600 as an important piece of the check conversion tool kit."

Additionally, Steve Eazell, SPS Director of Sales & Marketing stated, "We are pleased to be able to offer this unit on a national basis and look forward to a successful long-term partnership with Ingenico. Merchant acquirers and ISO's alike have been clamoring for alternatives. By bringing a high quality solution to the table we have continued to meet the needs of our marketplace".

Mike Hackney, Vice President and General Manager of Ingenico's Financial Systems Group stated, "Our agreement with Secure Payment Systems will provide ISOs and Acquirers with a strong check services offering. SPS is also certified to leverage our Image Archive service for on-line FTP access as well as for direct merchant access to check images via a secure industry-standard web browser. The Image Archive system will accept check images from every major check imager manufacturer."

Secure Payment Systems, Inc. (SPS) (www.securepaymentsystems.net) was founded over 6 years ago by Linden (Lin) Fellerman, former 20 year employee and 10 year President of the Telecredit / Equifax Check Services subsidiaries. With over 25 years of entrepreneurial achievement in transaction processing and risk management systems, Lin fosters a hands-on management philosophy resulting in what may arguably be the lowest merchant attrition rate in the industry. He attributes this success, and a 40% annual growth rate, to unprecedented customer service levels that begin and end with a philosophy that empowers sales agents and employees while rewarding and encouraging unusual attention to detail.

Ingenico S.A. of France is the leading provider of secure transaction products and smart card solutions with subsidiaries and partnerships all over the world and customers in over 80 countries. Its subsidiary, Ingenico Corp., provide hardware, software and services to the ever-expanding transaction needs of the North American marketplace, which demands quality, flexible and robust payment solutions. Our solutions include the EMVco approved Elite terminal family with integrated smart card readers that are built upon UNICAPT, a proven and robust architecture for optimum application portability and secure multi-application acceptance. See www.ingenico-us.com for more information.

L. Barry ThomsonPresident
Ingenico Corp.
(770) 594-6000
info@ingenico-us.com

Steve Eazell
Director National Sales and Marketing
Secure Payment Systems
1-866-300-3376
seazell@securepaymentsystems.net