|[June 17, 2014]
JetPay Payment Services Awarded MasterCard 2013 Data Integrity Award
CARROLLTON, Texas --(Business Wire)--
JetPay® Payment Services, a subsidiary of JetPay Corporation
(NASDAQ:JTPY or the "Company") is pleased to announce it is the 2013
Data Integrity Compliance Award recipient in its class from MasterCard (News - Alert)®
International. JetPay Payment Services is a leading acquirer and
processor of credit and debit card payments. JetPay processes for
businesses, banks, Independent Sales Organizations (ISOs) and Value
Added Resellers (VARs) partners across all acquiring channels including
on the web and mobile devices throughout the United States. The company
was one of the recipients selected from among approximately 70 other
acquirers/processors that process directly with MasterCard and is
honored to be among them.
JetPay Corporation's Chairman and CEO, Bipin C. Shah, said of the award:
"JetPay is always striving to meet the highest standard of data
integrity and security in the industry. In this area, nothing less than
a perfect record is enough. This is one of the reasons JetPay is
building a reputation as a top U.S. processor."
Trent Voigt, founder and CEO of the payments division, added: "JetPay
Payment Services has a 15 year record of delivering superior quality
service to our business partners. They understand that their customers'
data security and integrity are our top priority. JetPay takes this
responsibility seriously, so we are very pleased at MasterCard
recognizing our efforts." Voigt adds: "Security across so many different
access points is always challenging, but JetPay has a unique platform
that is built to provide multiple checkpoints for accuracy and security
to protect our data stream."
MasterCard introduced the Data Integrity Compliance Awards program this
year. The award, granted in 2014, is based on the 2013 authorization and
clearing compliance results. Only processors authorizing and clearing a
certain number of transactions per month set by the credit card program
is eligible for the awards. This year there were approximately 70
qualifying processors. The member processors with the highest compliance
percentage as determined by Masterard have been awarded top honors.
JetPay is pleased to have been selected from such a rigorous process.
For more information on JetPay Payment Services solutions call
800-834-4405, or check out our web site: www.JetPay.com.
About JetPay Payment Services
JetPay Payment Services, a division of the JetPay Corporation,
headquartered in Carrollton, Texas, a suburb of Dallas, is a premier
provider of a front-end and back-end credit card, check, and mobile
payments processing, specializing in technology solutions for the
e-commerce and card-not-present marketplace. JetPay Payment Services
supplies full processing and acquiring services for some of the largest
e-commerce sites on the web today. The company offers processing
services to banks, sales organizations, and businesses of every size.
About JetPay Corporation
JetPay Corporation, based in Berwyn, PA, is a leading provider of
vertically integrated solutions for businesses including card
acceptance, processing, payroll processing, payroll tax filing, human
resource management, and other critical business transactions. JetPay
provides a one vendor solution for payment services, debit and credit
card processing, ACH services, and the payroll and tax processing needs
of businesses throughout the United States. The Company also offers
low-cost, MAC prepaid Visa card services as a payment choice for the
employees of these businesses and consumers in general to replace costly
alternatives. The Company's vertically aligned services provide
customers with convenience and increased revenues by lowering
payments-related costs and by designing innovative, customized solutions
for brick-and-mortar, internet, mobile, and cloud-based payments.
This press release includes "forward-looking statements" within the
meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. JetPay's actual results may
differ from its expectations, estimates and projections and
consequently, you should not rely on these forward-looking statements as
predictions of future events. Words such as "expect," "estimate,"
"project," "budget," "forecast," "anticipate," "intend," "plan," "may,"
"will," "could," "should," "believes," "predicts," "potential,"
"continue," and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements involve
significant risks and uncertainties that could cause the actual results
to differ materially from the expected results. Most of these factors
are outside JetPay's control and are difficult to predict. Factors that
may cause such differences include, but are not limited to, those
described under the heading "Risk Factors" in the Company's latest
Annual Report filed with the Securities and Exchange Commission ("SEC (News - Alert)")
on Form 10-K for the fiscal year ending December 31, 2013, the Company's
Quarterly Reports on Form 10-Q, and Current Reports filed on Form 8-K.
JetPay cautions that the foregoing list of factors is not exclusive.
Additional information concerning these and other risk factors is
contained in JetPay's most recent filings with the Securities and
Exchange Commission. All subsequent written and oral forward- looking
statements concerning JetPay or other matters and attributable to JetPay
or any person acting on its behalf, are expressly qualified in their
entirety by the cautionary statements above. JetPay cautions readers not
to place undue reliance upon any forward-looking statements, which speak
only as of the date made. JetPay does not undertake or accept any
obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances on
which any such statement is based.
[ InfoTech Spotlight's Homepage ]