Panini Announces the Development of New Check Scanner Architecture; GETI, an Early Adopter, Certifies for Processing

Breakthrough Solution for Check Capture at Point of Sale

2013 ETA Annual Meeting

TORINO, Italy & DAYTON, Ohio--()--Today, at the Electronic Transaction Association’s (ETA) Annual Meeting & Expo in New Orleans, Panini, a global payments technology provider, will introduce Panini mI:Deal™, the latest breakthrough solution from their continuous innovation program. Panini mI:Deal provides merchants and retailers an efficient and cost-effective solution for capturing checks at point of sale (POS).

“We are very excited to introduce the Panini mI:Deal,” stated Michael Pratt, Chief Marketing Officer at Panini. “The Panini mI:Deal features an innovative new architecture that creates an entirely new way for devices to operate in the world of distributed capture, expanding the use of Panini capture devices in new and exciting ways, and further differentiating Panini as a true market leader.”

The Panini mI:Deal architecture combines innovation and ease-of-use with “plug & play” connectivity to maximize functionality and ROI. On-board intelligence allows for fast and easy integration with a variety of physical and virtual POS environments. Wired and wireless connectivity options provide complete mobility without compromising Check 21 compliance or security. Extending and leveraging the superior features of the Panini I:Deal® check scanner, the mI:Deal has a compact and attractive “clam shell” design with an ergonomic horizontal feeding area and straight paper path. The mI:Deal offers advanced MICR reading technology ensuring the highest level of transaction accuracy, dual-side image capture with real-time delivery of front and rear images for maximum flexibility, and front franking (or marking) of items to avoid item re-presentment and fraud.

Global eTelecom, Inc. (GETI), a leading electronic check, ACH, and Gift/Loyalty card processor, is one of the first to adopt and certify the Panini mI:Deal, adding the innovative and versatile scanner to their extensive hardware offerings for customers and channel partners. Merchants and retailers wanting efficient, cost effective and robust check capture at POS will quickly and easily be able to integrate the Panini mI:Deal with their existing GETI solutions.

“GETI has fully embraced the innovative scanner technology that Panini brings to the table through their new architecture, and we are confident that all of our integrators will see the true benefit from the products ease of implementation and new connectivity options,” said John Laurell, VP of Technical Operations at Global eTelecom. “Given the modular capabilities of the Panini product design, we do expect this solution to open new doors for us in the mobile/tablet processing environments as well.”

Demonstrations of Panini mI:Deal will be provided at Panini’s booth (#910) in the ETA Exhibit Hall (New Orleans Convention Center, New Orleans). Panini will host a webinar on Wednesday, May 22, 2013, to showcase the innovative features of the Panini mI:Deal. Please visit www.panini.com/marketing-center/webinars or more information and to register.

About Panini

Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for more than sixty years. Panini has a rich history of technology innovation, leveraging the company’s expertise in research & development. Panini’s market leading solutions are based on state-of-the-art engineering resources and ISO-9001 quality certified production. Panini offers check capture solutions that enable customers to fully realize the advantages and efficiencies available with the digital transformation of the paper check, resulting in the world’s largest deployed base of check capture systems, now approaching one million devices. Panini’s scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter capture, remote deposit capture and remittance processing. The company provides solutions on a global basis, and has direct subsidiary operations in the United States covering North America and in Brazil covering Latin American markets. For more information visit www.panini.com.

About Global eTelecom, Inc. (GETI)

Global eTelecom (GETI) provides proprietary electronic Check processing and Gift/Loyalty services to over 55,000 merchants nationwide. GETI’s products are marketed through sales channels of banks, independent sales offices and credit card processors. GETI operates under the guiding principle that our highest priority is to protect the ISO-merchant relationship and we take great pride in our service and support levels to assist our valued partners. Global eTelecom’s value added solutions include: Electronic POS Check Conversion, Paper Guarantee, ACH Debit, Checks-By-Phone, Checks-By-Web, Check 21 Remote Deposit Capture, mobile Tele-Debit and Gift/Loyalty Card Processing. GETI is part of Sage North America. For information, please visit www.Globaletelecom.com.

Contacts

Panini S.p.A.
Jamie Heinemann, Communications, +1 937-291-2195
jamie.heinemann@panini.com

Contacts

Panini S.p.A.
Jamie Heinemann, Communications, +1 937-291-2195
jamie.heinemann@panini.com