JetPay Payment Services Awarded MasterCard 2013 Data Integrity Award
18 June 2014 - 12:30AM
Business Wire
JetPay® Payment Services, a subsidiary of JetPay Corporation
(NASDAQ:JTPY or the “Company”) is pleased to announce it is the
2013 Data Integrity Compliance Award recipient in its class from
MasterCard® International. JetPay Payment Services is a leading
acquirer and processor of credit and debit card payments. JetPay
processes for businesses, banks, Independent Sales Organizations
(ISOs) and Value Added Resellers (VARs) partners across all
acquiring channels including on the web and mobile devices
throughout the United States. The company was one of the recipients
selected from among approximately 70 other acquirers/processors
that process directly with MasterCard and is honored to be among
them.
JetPay Corporation’s Chairman and CEO, Bipin C. Shah, said of
the award: “JetPay is always striving to meet the highest standard
of data integrity and security in the industry. In this area,
nothing less than a perfect record is enough. This is one of the
reasons JetPay is building a reputation as a top U.S.
processor.”
Trent Voigt, founder and CEO of the payments division, added:
“JetPay Payment Services has a 15 year record of delivering
superior quality service to our business partners. They understand
that their customers’ data security and integrity are our top
priority. JetPay takes this responsibility seriously, so we are
very pleased at MasterCard recognizing our efforts.” Voigt adds:
“Security across so many different access points is always
challenging, but JetPay has a unique platform that is built to
provide multiple checkpoints for accuracy and security to protect
our data stream.”
MasterCard introduced the Data Integrity Compliance Awards
program this year. The award, granted in 2014, is based on the 2013
authorization and clearing compliance results. Only processors
authorizing and clearing a certain number of transactions per month
set by the credit card program is eligible for the awards. This
year there were approximately 70 qualifying processors. The member
processors with the highest compliance percentage as determined by
MasterCard have been awarded top honors. JetPay is pleased to have
been selected from such a rigorous process.
For more information on JetPay Payment Services solutions call
800-834-4405, or check out our web site: www.JetPay.com.
About JetPay Payment Services
JetPay Payment Services, a division of the JetPay Corporation,
headquartered in Carrollton, Texas, a suburb of Dallas, is a
premier provider of a front-end and back-end credit card, check,
and mobile payments processing, specializing in technology
solutions for the e-commerce and card-not-present marketplace.
JetPay Payment Services supplies full processing and acquiring
services for some of the largest e-commerce sites on the web today.
The company offers processing services to banks, sales
organizations, and businesses of every size.
About JetPay Corporation
JetPay Corporation, based in Berwyn, PA, is a leading
provider of vertically integrated solutions for businesses
including card acceptance, processing, payroll processing, payroll
tax filing, human resource management, and other critical business
transactions. JetPay provides a one vendor solution for payment
services, debit and credit card processing, ACH services, and the
payroll and tax processing needs of businesses throughout the
United States. The Company also offers low-cost, MAC prepaid Visa
card services as a payment choice for the employees of these
businesses and consumers in general to replace costly alternatives.
The Company’s vertically aligned services provide customers with
convenience and increased revenues by lowering payments-related
costs and by designing innovative, customized solutions for
brick-and-mortar, internet, mobile, and cloud-based payments.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. JetPay’s actual
results may differ from its expectations, estimates and projections
and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue,” and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside JetPay’s control and are difficult to predict. Factors that
may cause such differences include, but are not limited to, those
described under the heading “Risk Factors” in the Company’s latest
Annual Report filed with the Securities and Exchange Commission
(“SEC”) on Form 10-K for the fiscal year ending December 31, 2013,
the Company’s Quarterly Reports on Form 10-Q, and Current Reports
filed on Form 8-K.
JetPay cautions that the foregoing list of factors is not
exclusive. Additional information concerning these and other risk
factors is contained in JetPay’s most recent filings with the
Securities and Exchange Commission. All subsequent written and oral
forward- looking statements concerning JetPay or other matters and
attributable to JetPay or any person acting on its behalf, are
expressly qualified in their entirety by the cautionary statements
above. JetPay cautions readers not to place undue reliance upon any
forward-looking statements, which speak only as of the date made.
JetPay does not undertake or accept any obligation or undertaking
to release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change
in events, conditions or circumstances on which any such statement
is based.
JetPay Payment ServicesJeff Tourek, EVPNational Sales
Leader847-987-2283jtourek@jetpay.comorJetPay CorporationJoan
Wurzel, SVPDirector Corporate
Communications610-747-0256joan.wurzel@jetpaycorp.com
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