ACH Direct Adds First Data Credit Card Processing To Its Portfolio Of Payments Solutions

Business Wire, Jan 23, 2007

ALLEN, Texas -- ACH Direct, Inc., a leading technology provider of Automated Clearing House (ACH), credit card and debit card transaction processing and risk management services, today announced that First Data Corp. has certified the PaymentsGateway(TM) platform to process credit cards payments.

"First Data merchants and Independent Sales organizations (ISOs) now have the opportunity to utilize the entire spectrum of solutions that are integrated into the PaymentsGateway platform, which feature our best-in-class ACH capabilities, credit card processing, powerful reporting tools, recurring payments features and risk management products," said Jeff Thorness, president and CEO of ACH Direct.

PaymentsGateway is certified to process through First Data the following market segments: retail, e-commerce, direct marketing, recurring transactions and Level 2 Commercial Cards.

Marketplace demand for PaymentsGateway's superior payments technology was a significant contributing factor toward the record numbers of transactions processed by ACH Direct in 2006. The diversification of credit card payment processors available through PaymentsGateway was the catalyst for a 66% increase in credit card transaction volume in 2006.

About ACH Direct, Inc.

ACH Direct is one of the fastest-growing privately held electronic funds transfer processors in the United States, with $6 billion in transactions processed in 2006. ACH Direct's customers benefit from a comprehensive suite of payments products and services, including ACH origination, check verification, identity verification, credit card and debit card processing. Dedicated to providing superior customer service and industry-leading technology, ACH Direct provides tools to help organizations of all sizes reduce transaction costs, mitigate risk and increase efficiencies. For more information, visit www.achdirect.com.

About PaymentsGateway

PaymentsGateway(TM) is a high-capacity modular payment processing platform designed for maximum flexibility and availability. Merchants using PaymentsGateway both simplify and enhance their current processing options. The proven third-generation design enables companies to process single or recurring electronic check (ACH), credit card and debit card transactions in either real-time or batch mode. Software developers and solution providers using PaymentsGateway can integrate a complete spectrum of cutting-edge payments technology through one common API interface.