News from the Wire

Pivotal Payments inks deal with Breeders' Cup

Monday, December 22, 2014 — 10:54:20 (EST)

Montreal, Dec. 22, 2014 - Pivotal Payments, a leading provider of merchant services and global payment processing solutions, announced today that it has entered into a five-year agreement with Breeders' Cup Limited, which administers the Breeders' Cup World Championships, Thoroughbred racing's premier international event.

Pivotal Payments will be a Corporate Partner of the Breeders' Cup and the exclusive credit and debit card processor for physical locations such as the Breeders' Cup headquarters in Lexington, Ky., and online payments and ticketing for the 2015 Breeders' Cup World Championships.

The 32nd running of the Breeders' Cup will take place on October 30-31 at Keeneland Race Course in Lexington Ky., and will be televised live by the NBC Sports Group. At this year's Breeders' Cup at Santa Anita Park, in Arcadia, California, Pivotal Payments hosted two officially sponsored VIP events to kick off the partnership.

Pivotal Payments' innovative solutions and strength in both point-of-purchase and e-commerce transactions provides a compelling value to the Thoroughbred horse racing organization. As Corporate Partner, Pivotal will also exclusively process the collection of all nomination fees for the Breeders' Cup races and Breeders' Cup Betting Challenge entry fees.

"We are very excited to join Pivotal Payments in our new partnership starting with the 2015 World Championships," said Craig Fravel, President and CEO of the Breeders' Cup. "As Pivotal has demonstrated a proven track record of high quality service for its customers, we look forward to utilizing their wide range of superior service in payment processing for our horsemen and fans."

"Payment processing is really about ensuring a great customer experience," said President and CEO of Pivotal Payments, Philip Fayer. "With an organization as well-respected as the Breeders' Cup, we understand that their stakeholders expect a certain level of excellence. We are very pleased to be able to partner with them and deliver the kind of dedicated service they require. We'd like to also extend our breadth of payment solutions to their other business partners and providers."

About Pivotal Payments Pivotal Payments is a leading provider of global payment processing solutions to over 70,000 clients in virtually all industries. The company's robust technology-enabled payment systems, powered by GlobalOne and FlexPoint, include card not present, integrated point of sale, mobile payments, terminal hardware and software and a host of value-added merchant services. With a strong history of growth since 2003, Pivotal Payments now boasts over 500 employees and 1,500 sales partners, and processes over US$12 billion in annual bankcard volume. The company's solutions enable businesses of all sizes to maximize their revenue, reduce costs and become more successful. To learn more, visit www.pivotalpayments.com .

About Breeders' Cup The Breeders' Cup administers the Breeders' Cup World Championships, Thoroughbred racing's year-end Championships. The Breeders' Cup also administers the Breeders' Cup Challenge qualifying series, which provides automatic starting positions into the Championships races. The 2015 World Championships will be held at Keeneland Race Course in Lexington, Ky., on Oct. 30 – Oct. 31, and will be televised live on the NBSN and NBC. Breeders' Cup press releases appear on the Breeders' Cup Web site, www.breederscup.com. You can also follow the Breeders' Cup on social media platforms, Facebook, Twitter and YouTube.

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Source: Company press release.