News from the Wire

SignaPay, Priority Payment extend partnership agreement

Tuesday, June 28, 2016 — 18:31:41 (EDT)

Irving, Texas, June 28, 2016 -- John Martillo, CEO of SignaPay LTD, and Tom Priore, Chairman of Priority Payment Systems, LLC (Priority), are pleased to announce the extension of their agreement for a term of 3 years. The agreement includes expanded functionality, integrated products and enhanced technology solutions that will enhance and grow the relationships with their Independent Sales Offices (ISO) and merchants. Together SignaPay and Priority service thousands of ISOs and merchants and share a commitment to deliver service, technology and products demanded in the payments industry today.

"Our partnership will continue to build on the strength of our history, and with the continuous change in the payments industry, we share the same focus: to meet the demand of our partners and their merchants and deliver technology and products that will grow their business," said John Martillo, CEO SignaPay LTD.

"Our relationship with SignaPay is important to us," said Tom Priore, Chairman of Priority. "Priority's commitment to deliver elegant and scalable solutions to the payments industry, our reselling partners and their merchants is our core mission. John and his colleagues at SignaPay share those values, which continue to be the foundation of our expanding partnership."

Building a partnership that shares the same focus-- to deliver strong core processing and integrated payment technology, responsive service and product innovations--made a renewal of the organizations' processing relationship the obvious next step.

About SignaPay LTD: SignaPay, founded in 2007, located in Texas, offers a complete menu of payment solutions for merchants, including credit card and debit card processing, gateway integration, fraud prevention, customer loyalty, analytics software as well as equipment, including mobile and point of sale systems. SignaPay is dedicated to its partners and merchants and continually seeks ways to build relationships and grow businesses with streamlined solutions.

About Priority Payment Systems: Since its inception in 2005, Priority Payment Systems has established itself as a leading innovator in the electronic payment processing industry. The combination of "consumer inspired" products, first class service and competitive pricing has made Priority Payment Systems the high value partner for Independent Sales Organizations (ISOs), Banks and Financial Institutions, Enterprise Organizations and referral partnerships nationwide.

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Source: Company press release.