JetPay Now Offers PaySecure Internet PIN Debit

Acculynk and JetPay go-live with PaySecure, bringing the convenience and security of Internet PIN Debit to Ecommerce merchants

ATLANTA--()--JetPay, LLC, and Acculynk announced today that PaySecure® is now available on the JetPay payment platform. JetPay, a Dallas-based payment services provider and developer of JetPay™, a suite of payment transaction processing solutions, and Acculynk, the only provider of a software service for PIN debit payments on the Internet, PaySecure, signed a partnership in Q4 of 2010 to offer PaySecure to existing JetPay merchants and Ecommerce merchants with other acquirers that do not currently offer PaySecure.

“JetPay is a nimble, innovative acquirer and our goal was to make PaySecure available on their payment platform as quickly as possible,” said Ashish Bahl, CEO of Acculynk. “We are pleased at how quickly they have completed the implementation and commercially rolled out PaySecure.”

“We started pre-selling PaySecure to our merchant base and even new merchant prospects earlier this year,” said Trent Voigt, Chairman of JetPay. “The response was extremely positive and resulted in us having customers ready to go with PaySecure as soon as it was live on our platform.”

Todd Fuller, EVP of Business Development adds, “This innovative solution is allowing JetPay to not only service our large Ecommerce portfolio, but also look to new niche markets which might have historically been difficult or unable to penetrate.”

Acculynk partners with major merchant acquirers, such as JetPay, to make the product available to their installed merchant base. In cases where the acquirer does not currently offer PaySecure, the product can be leveraged as a hook product for new business.

“Our goal certainly would be to use PaySecure to attract merchants to our platform, whether it is for PaySecure transactions only or for their entire card business,” said Voigt. “It’s a very simple process for new merchants to sign with us for either option.”

Acculynk continues to bring new functionality to PaySecure, announcing the availability of the product on mobile phones in January and extending PaySecure to applications outside of traditional Internet PIN debit, including P2P transfers.

About JetPay, LLC

JetPay, LLC is a payment processing company comprised of industry specialists fully conversant in POS and order-entry software applications, systems integration, data networking, and communications technologies. Developer and manager of its own UNIX-based platform, JetPay™ provides credit card authorization, capture, and a full menu of related services designed to handle payment processing of ‘high speed need’ clients. JetPay, LLC maintains a business development and account support center in Dallas, focusing on meeting the payments acceptance needs of credit card merchants across the globe.

About Acculynk

Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk has introduced the first product for Internet PIN debit payments, PaySecure®, which utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN. PaySecure is currently enabled on over 3,000 merchant websites. Acculynk has partnerships with 9 EFT networks to process PaySecure transactions and with six leading payment processors to distribute the product. Visit http://www.acculynk.com.

Contacts

Acculynk
Danielle Duclos, 678-894-7013
Director of Marketing
press@acculynk.com
JetPay
Todd Fuller, 972-503-8900, ext. 158
EVP Business Development
tfuller@jetpay.com

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Contacts

Acculynk
Danielle Duclos, 678-894-7013
Director of Marketing
press@acculynk.com
JetPay
Todd Fuller, 972-503-8900, ext. 158
EVP Business Development
tfuller@jetpay.com