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Tightening Up Transactions

I n the aftermath of America's recent tragedy, businesses are scrambling to improve their security, both brick and click. A notable solutions provider for the payment processing industry has implemented a new security initiative for the development of additional secure transaction identification services.

Accesspoint Corp.'s new POS Business Solutions service provides merchants with a point-of-sale terminal that connects directly to Accesspoint's transaction and business servers. This unique ability allows Accesspoint's software solutions division to develop sales terminal-based services that can communicate with many third-party service providers, including fraud and identity verification services.

Working with providers of identity verifications services, Accesspoint anticipates delivering merchants a choice of security services that will be designed to work seamlessly with its transaction and business services monitoring credit card, check and even cash transactions.

"Accesspoint's solutions are designed to provide merchants with enhanced liquidity and lowers their cost of transactions," said Accesspoint CEO Tom Djokovich, "while providing merchants and their customers with increased security in their everyday transactions. Therefore, today more than ever, merchants are in need of our services.

"Moreover, while our prime revenues are generated through transaction volumes, as this year has demonstrated, our payment solutions are virtually recession proof and the efficacy of our products are well insulated from economic swings. Regardless of economic gyrations, all merchants seek to enhance liquidity and our smart processing solutions continues to be attractive to our growing list of merchant customers."

That optimistic attitude seems to be rubbing off on Wall Street, though Accesspoint management said it has no knowledge of any reason for recent marked trading activity in the company's stock. Accesspoint began this year with approximately 4,000 service accounts and by the first week of September had almost doubled that number. By mid-September the company's processing numbers were ahead of the same periods for August, and it continues to add new merchants daily.

Accesspoint continues to remain focused on the expansion of the sales channels, monthly increases in new merchant service accounts and its commitment to turn the merchant point-of-sale into a powerful sales and business-management device. Successful implementation of Accesspoint's business objectives should provide long-term value for its customers and investors.

Having served thousands of merchants nationwide since 1995, Accesspoint combines its application services technology platform with its special relationships with Chase Merchant Services LLC and First National Bank of Omaha to provide bundled payment acceptance and business management services.

These programs provide customers with multiple payment acceptance capabilities, including credit card and check transaction, a fully operational e-commerce and business management Web site and a central Web- based management system for servicing both the brick-and-mortar and Web- based sides of each business.

Check out Accesspoint's answer to security as well as these transactional programs at www.accesspoint.com.