CardSystems Partners with Global eTelecom, Inc to Offer Electronic Check Solutions

DESTIN, FL – Global eTelecom, Inc (GETI), a national leader in the Electronic Check Conversion (ECC) industry announced today that they will provide CardSystems with a complete check solution for their ISO, Bank and Association clients. These programs enable small to midsize merchants to accept and process paper checks similar to a credit card transaction.

“Checks continue to be a popular method of payment and merchants are searching for convenient and risk free solutions for accepting these items. We are honored that CardSystems has chosen to partner with GETI. We are impressed with CardSystems’ continual efforts to offer their independent sales organizations with superior and leading solutions. Their strong reputation in the industry, coupled with their quality staff, provides the ideal vehicle to market our solutions,” says Chris Brundage, Senior Vice President of Global eTelecom.

“We are pleased to announce our partnership with GETI. It is a natural extension of our payment processing platform to offer check solutions to the small and mid-sized merchants of our ISO and Bank clients,” says Bill Reeves, Senior Vice President of Marketing for CardSystems. “GETI offers a comprehensive selection of electronic check processing solutions, including check guarantee, check verification and paper check guarantee.”

About Global eTelecom, Inc.
Providing TOTAL Check Solutions, Global eTelecom provides proprietary, fully customizable electronic check processing services to a nationwide network of banks, independent sales offices and credit card processors who market directly to merchants. Global eTelecom’s total check solutions include: Electronic Check Conversion (Point-of-Purchase), Traditional Paper Guarantee, ARC Lockbox Conversion, Electronic Recurring Debit and Electronic Represented Check Collection (RCK). Global eTelecom’s check services are licensed under U.S. Patents: 5,484,988; 6,164,528; 6,283,366; and 6,354,491, thus ensuring our partners and merchants check services will be un-interrupted. More information on Global eTelecom can be found on the company’s website at www.globaletelecom.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 125,000 customer locations. For more information contact CardSystems at (800) 333-8928 or visit www.cardsystems.com.