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® 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 MasterCard 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”) 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.