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January 13, 2012

Press Release

Media Contact:
Ed Alba
Vice President of Marketing & Strategic Partnerships
(503) 610-1430

Priority Offers American Express OnePoint

Alpharetta, GA-based Priority Payment Systems, one of the fastest growing processors in the nation and provider of next generation bank card solutions, continues to create value for its ISOs/Agents as well as its 30,000 merchants by becoming a certified Servicing Agent of American Express OnePoint. This certification has previously been achieved by only a select few of the major processing platforms.

American Express OnePoint is a cost-effective and all-in-one solution that provides small to mid-size merchants the convenience of a single source for statements, settlement, and customer service for all major card brands. As a certified OnePoint Service Agent, Priority can offer their agents another solution when selling to the merchants in their markets.

Under this arrangement, American Express will retain the acceptance contract with participating merchants, establish merchant pricing, and receive the same transactional information it does today. Priority will provide payment processing services to merchants on behalf of American Express for American Express Card transactions under the new agreement.

"Priority continues to add value not only for our resellers in the field but for our merchants as well. This agreement is a testament to the relationship we have with American Express and we are thankful for the opportunity to add this program to our service offering," says John V. Priore, President & CEO.

Priority Payment Systems is one of the top 50 bank card processors in the industry and is leading the Next Generation of Bank Card Processing with exciting new technologies, competitive pricing and world-class service and support. Priority Payment Systems enables merchants to accept credit cards, debit cards, gift cards, electronic checks and check conversion. Sales efforts focus on merchant acquisition through Independent Sales Organizations (ISO), Sales Agent offices, Financial Institutions, Independent Contractors, and Referral Partners.