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All Press Releases for March 25, 2005 Subscribe to this News Feed  
 

Major Payment Systems, LLC Announces Partnership with Express Payment Solutions to Provide Nationwide Bank Funds Loading Solution

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Major Payment Systems, LLC (MPS) a leading provider of financial transaction processing, announced a partnership with Worldwide Financial Services dba Express Payment Solutions.

Dallas, TX (PRWEB) March 25, 2005 -- Major Payment Systems, LLC (MPS) a leading provider of financial transaction processing, announced a partnership with Worldwide Financial Services dba Express Payment Solutions (EPS). MPS will use EPS funds loading services to load funds onto the numerous prepaid debit cards and prepaid MasterCard® platforms provided by MPS co-branded partners and independent sales organizations. Under this partnership, which was facilitated through the PayStar Corporation (PYST:PK) exclusive marketing agreement with EPS, MPS will promote the proprietary EPS nationwide network of 12,000 bank branches through four leading banks to all of its independent sales organizations to improve the utility and funds loading convenience for all cardholders.

Randy San Nicolas, VP of Business Development for Major Payment Systems, stated "This partnership expands our capabilities and provides many advantages for us. The EPS proprietary system with its 100% federally insured process enhances our platform for all of our clients and cardholders. In contrast to some card providers who are seeking retail load capabilities we firmly believe that safe and secure bank load services represent the best solution for our cardholders. That is why we have selected EPS for our personal use debit card programs. "

William D. Yotty, Chairman and CEO, PayStar Corporation, stated "MPS is one of the fastest growing processors in the industry and we are pleased to have played a part in putting this exciting partnership together. We look forward to their launch of our services."

About Worldwide Financial Services / EPS
Worldwide Financial Services, Inc. dba Express Payment Solutions (EPS) (www.yourexpresspay.com) was founded in January 2004. EPS was developed through the necessity to provide a cash payment solution for a governmental program to enable millions of underserved and subsidized housing individual's access to debit card services. WFS is privately held company located in Indianapolis, Indiana.

About Major Payment Systems, LLC
Major Payment Systems, LLC. is a privately held subsidiary of Dallas based software engineering and communications firm Major Financial Services, Inc. We deliver real-time transaction processing solutions into a wide variety of custom business applications.

The Major Platform is a compilation of next generation technology and proven solutions that have been successfully implemented for the past fifteen years in the applications of banking and finance, and government accounting systems. In the early 1980s, our Founder and President Harry Williams filled the role of technical project manager for IBM in the development of the AS/400 computer. Development included managing the tape drive system, communications, testing and manufacturing. The AS/400, now the iSeries, went on to become and still remains the standard for large enterprise, financial, and government systems.

Major Payment Systems, LLC is committed to bringing the MAJOR processing platform to market through aggressive sales and marketing efforts and strategic relationships. For more information visit www.majorpayments.com

Media Contact:
PayStar Corporation
B.Thomas
209-339-0483
bthomas@paystar.com

Media Contact:
Major Payment Systems, LLC
Randy San Nicolas
800-715-2398
randysn@majorpayments.com

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Randy San Nicolas
MAJOR PAYMENT SYSTEMS, LLC
800-715-2398
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