PONTE VEDRA, FL – Global Axcess Corp (OTC Bulletin Board: GLXS), a rapidly growing independent electronic financial transaction processing company, today announced that it has successfully implemented comprehensive payroll card programs for two new customers in the U.S. The EasyGreen™ Cash Card stored value/prepaid card management platform offers employers and employees a convenient, secure, and low-cost alternative to payroll checks.
Global Axcess’ stored value/prepaid card platform provides a feature-rich, reliable, scalable, and secure solution for small, mid-sized, and large companies. Customers have on-line, real-time access to instantly issue payroll cards, load value, view balance information, transaction history, and manage employee “virtual accounts.” Additionally, the Company is providing its customers dedicated 24/7 bilingual customer service, interactive voice- response services, same-day payroll funding and settlement services, and comprehensive reporting capabilities. The Company’s stored value/prepaid card management platform currently provides gateways to all major financial networks, including STAR®, Visa®, MasterCard®, Discover®, PLUS®, CIRRUS®.
Employee acceptance of the EasyGreen Cash Card has been positive. Employees can use their EasyGreen Cash Card to get cash at ATMs, pay for purchases and get cash back at the point of sale, transfer money via card-to- card transfers, and pay bills. Planned enhancements to the EasyGreen Cash Card include long-distance telephone services, retailer loyalty/reward programs, and healthcare/medical coverage for employees.
Mike Dodak, CEO of Global Axcess, said, “We are pleased with the successful introduction of the EasyGreen payroll card solution for these new customers. Our prepaid debit card management platform is helping our customers to significantly reduce their payroll distribution costs while providing employees a low-cost alternative to expensive check cashing and money transfer services.”
Additional information about the EasyGreen Cash Card is available at www.easygreencashcard.com.
About Global Axcess Corp
Headquartered in Ponte Vedra Beach, Florida, Global Axcess Corp was founded in 2001 with a mission to emerge as one of the nation’s leading network-based electronic commerce and transaction processing companies. Through its wholly owned subsidiary, Nationwide Money Services, Inc., the Company provides turnkey ATM management solutions that include cash, project and account management services. NMS currently owns and operates over 3,500 ATMs in its national network spanning 39 states and provides proprietary ATM branding and processing for 66 financial institutions with 583 branded sites nationwide. EFT Integration, Inc., a wholly owned subsidiary of Global Axcess, provides traditional, certified transaction processing and terminal driving to its valued customers and is developing alternative processing solutions for expanding ATM functionality through web-based products and services. Through its wholly owned subsidiary Electronic Payment & Transfer Corp., product offerings target potentially new ATM users with web-based solutions to provide financial services to the un-banked customer, such as payroll distribution products, money transfer and pre-paid products/services. For more information on the Company, please visit www.globalaxcess.biz.
Certain statements contained in this press release, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute “forward-looking statements” within the meaning of the federal securities laws. These certain statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by words like “strategy,” “expects,” “plans,” “believes,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets,” and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. For further information on factors that could impact Global Axcess Corp and statements contained in this press release, reference should be made to Global Axcess Corp’s filings with the Securities and Exchange Commission, including quarterly reports on Form 10- QSB, current reports on Form 8-KSB and annual reports on Form 10-KSB (you can access such filings at http://www.sec.gov.)