Business Services Industry

Ruesch International Partners with CardSystems Solutions to Offer Credit Card Payment Processing Services to Its Clients

Business Wire, March 10, 2005

WASHINGTON -- Ruesch International, Inc., a leading provider of international payment and global currency services announced today that it has entered into an agreement with CardSystems Solutions, a world-class provider of end-to-end credit card payment processing solutions focused exclusively on meeting the needs of small to mid-sized merchants.

Ruesch International clients will now be able to leverage a single source provider for all credit card payment processing needs by utilizing CardSystems' advanced, reliable and cost-effective credit card processing technologies.

"Credit card processing is a logical extension of Ruesch's expanding payment product offering and reflects our ongoing commitment to meet the growing payment needs of our clients," said Thomas P. Staudt, President and CEO of Ruesch International. "Ruesch's partnership with CardSystems will enable our clients to deploy leading edge credit card payment processing solutions that are customized to match their business requirements," said Staudt.

CardSystems is building on the foundation of traditional transaction processing, enabling merchants to accept any type of electronic payment easily and securely. Offering a comprehensive portfolio of systems and services, CardSystems allows businesses to focus on what they do best, selling goods and services to consumers and businesses. CardSystems' payment processing solutions include:

--Traditional terminals - clients can receive transaction processing, authorization and settlement for all major credit cards through direct dial or IP connectivity for maximum speed and reliability.

--E-payment systems - clients can choose software or Web-based solutions for fast, efficient and secure payment processing.

--Integrated Applications - clients can implement ready-to-use applications with existing order processing systems for a complete solution.

"We are extremely excited that Ruesch International has chosen CardSystems Solutions," said John M. Perry, President and CEO of CardSystems. "Our collaboration with Ruesch International provides a robust credit card payment product that increases flexibility for clients, broadens their electronic options and enables them to better manage the entire payment processing cycle more efficiently," said Perry.

About Ruesch International

Ruesch International is a leading global financial institution specializing in international business-to-business payment products and solutions. The corporation has full-service corporate foreign exchange operations in the Czech Republic, the United Kingdom, Switzerland, and the United States that have served more than 30,000 corporate clients. Each year, Ruesch's foreign exchange consultants develop risk management strategies and international payment solutions that help clients manage nearly $8.0 billion in cross-border transactions worldwide. For more information visit www.ruesch.com.

About CardSystems

CardSystems Solutions Inc. is a leading provider of integrated payment solutions to associations, financial institutions, Independent Sales Organizations (ISO) and retail merchants. With CardSystems' comprehensive and flexible array of processing services, clients can manage the entire payment processing cycle and customize services to fit their needs while maintaining complete control of risk, dispute resolution and proprietary customer data. CardSystems' intelligent enabling technologies include an expert system, neural network and service offerings optimized for the card processing industry. CardSystems products include traditional terminals, integrated applications, and e-payment solutions. The company processes payment transactions for more than 115,000 customer locations. For more information on CardSystems, visit www.cardsystems.com.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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