For
Immediate Release
National Payment
Card LLC Announces Agreement with Success Systems, Inc. for an
Integrated Loyalty Card ACH Payment Program that Eliminates the
Current Credit/Debit Card Processing Stranglehold
Boca Raton, FL (February 20, 2007)—National
Payment Card LLC, an electronic funds payment service bureau that
interfaces with Point of Sale (POS) systems, announced today that
it has signed an agreement with Success Systems, Inc., to further
solidify the linkage and expand the acceptance of retailer loyalty
cards and the ACH payment method for consumers. The National Payment
Card PIN based payment system processes transactions through the
Federal Reserve Automated Clearing House (ACH) resulting in lower
merchant fees and a self-funded loyalty program that provides immediate
savings to consumers.
Success Systems is a loyalty provider of hosted services
to the convenience store marketplace. In the loyalty field, merchants
are most interested in engaging the customer for repeat business
and for tracking their purchases and then analyzing the data to
provide relevant rewards to their members. While this has reached
a level of maturity in the supermarket industry, it is now being
adopted in the convenience store industry. The key goal of the agreement
between National Payment Card and Success Systems is that it can
elevate a loyalty program to the next level by adding a payment
option via the ACH and substantially reduce credit/debit card processing
fees with a portion of the savings going back to the consumer.
“The Success Systems and National Payment Card
partnership gives to our clients an answer to their skyrocketing
merchant fees. Our clients will not only have a way to reduce their
credit/debit card processing fees but, also have a means to transfer
some of those savings to their customers,” said Scott Tarlow,
General Manager of Success Systems, Inc. “This is a great
solution for c-stores who want to improve their profitability and
competitiveness in the market, all while their customers save money.
The product fits solidly within the company’s core objective
of delivering inexpensive store automation tools that bring real
value to our customers.”
“NPC and Success Systems clearly see the linkage
between loyalty and payment, including the convenience for the consumer
of using one card at POS,” said Danilo Portal, Vice President
and Chief Technical Officer of National Payment Card. “The
additional benefit is the direct reward to the consumer for their
behavioral change in the method of payment which is funded directly
from the savings in credit card fees. It’s truly a win/win
for the merchant and the consumer”
“National Payment Card is leading the way to
make such transactions POS-centric by de-centralizing the card deck,”
said Portal. “By focusing on the direct interface at the POS,
we are maximizing communication to the consumer. Combined with connectivity
through broadband and the use of a retailer-branded loyalty card
as a form of payment, we are helping these retailers with their
ownership of the consumer.”
With the signing of the agreement with Success Systems,
NPC has added another strategic partner who can further introduce
the market to ACH based transactions. Success Systems represents
a return to NPC’s roots as it utilizes a loyalty company to
extend a program into payments. This relationship is a further demonstration
of two core NPC strategies: POS-centric and Decentralization of
the card deck. Once again NPC demonstrates the ability to create
virtual private transaction networks through the use of added functionality
at the POS, leveraging IP addressability.
About National Payment Card
National Payment Card (www.nationalpaymentcard.com),
based in Boca Raton, FL, is an innovative marketer of ACH card-based
payment systems. The company’s primary product is the Payment
Card, a retailer branded program that provides consumers access
to funds in their checking accounts so they can pay for goods or
services. The Payment Card is not a credit or debit card that is
linked through the national banking networks, but rather utilizes
a user ID for consumer authentication and is processed through the
National Payment Card ACH Payment Card network. A Payment Card can
be a loyalty card, a membership card or driver’s license.
National Payment Card has filed a series of patent applications
for methods of payment processing with a driver’s license.
National Payment Card is a member of the EFT Network which is a
part of the Electronic Check Council of NACHA. NACHA is the rule-making
body for all electronic funds transfers made through the ACH.
For more information about the Success Systems, Inc./National Payment
Card agreement and for more information about National Payment Card,
LLC, please contact Shep Doniger at 561-637-5750 or visit www.nationalpaymentcard.com.
About Success Systems, Inc.
Success Systems, Inc, specializes in providing quality
Windows® PC and web based solutions for convenience stores,
traditional gasoline retailers, grocery, delicatessen, and repair
facilities and is the result of over 23 years actual service station
owner/operation experience. Success Systems® has a host of scanning,
inventory, merchandising, back office products for the entrepreneurial
and mid-tier market. Over 3000 locations use Success Systems products
that are currently installed throughout the country with connectivity
to Ruby VeriFone®, Topaz Verifone®, Sapphire Verifone®,
Gilbarco GSITE®, Wayne Plus®, Wayne Nucleus® and NCR®
POS terminals. For more information about Success Systems, call
Veronica Barrios at 1-800-653-3345, ext. 311 or write mkt@success-systems.com
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