NxSystems to Show at Prepaid Expo USA 2010

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NxSystems, Inc. announced today that the company will be an exhibitor at the Prepaid Expo USA 2010 in Las Vegas, Nevada, February 22-24, 2010. NxSystems offers both domestic and international prepaid debit cards with the MasterCard®, Visa® and Discover® holograms. At the show, NxSystems will be launching the “Pay Any Card” program (which allows merchants to deposit funds to any MasterCard®, Visa® or Discover® credit card, prepaid debit card or stored value card), as well as presenting the NxPay Global Payment Platform Gateway (which offers businesses the opportunity to reduce the time and expense of electronically transferring money to 78 different countries in 52 different currencies).

NxSystems, Inc., a leading provider of Global Payment Solutions, announced today that the company will be an exhibitor at the Prepaid Expo USA 2010, February 22-24, in Las Vegas, Nevada. Located in the Rio All Suites and Casino, the Prepaid Expo USA 2010 is the premier gathering of the prepaid services industry. Industry professionals from all of the segments of the prepaid calling card, wireless and gift and debit card industries converge to meet with retailers, distributors and others who are involved in the fast growing prepaid industry.

Michael C. Busher, NxSystems, Inc. Chairman and Michael R. Lightbourne, a member of the Board of Directors, will be on hand (Booth 234) to talk with Prepaid Expo USA 2010 attendees about the benefits of using NxSystems Global Prepaid Solutions.

NxSystems offers both domestic and international prepaid debit cards with the MasterCard®, Visa® and Discover® holograms. In addition, the company will be launching the “Pay Any Card” program at the Prepaid Expo USA 2010. With Pay Any Card, funds can be electronically transferred from a merchant NxPay account to any MasterCard®, Visa® or Discover® credit card, prepaid debit card or stored value card. For example, if a consumer has earned promotional dollars at your business, rather than sending those customers a business check, the merchant can instead electronically transfer (and deposit) those funds on the consumers credit card, debit card or stored value card. It’s fast; it’s easy; and it’s inexpensive.

NxSystems will also be presenting its NxPay Global Payment Platform Gateway, which offers businesses the opportunity to reduce the time and expense of transferring money. Currently, NxSystems has banking relationships in 78 countries utilizing 52 different currencies. For example, a business located in the USA could send payments to Canada, Mexico, the United Kingdom, Hong Kong and Japan, in a single transaction. If required, the funds would arrive respectively in CAN Dollars, Mexican Pesos, English Pounds, HK Dollars and Japanese Yen. By combining the above five transactions into a single transaction, the cost of FX and transferring of the funds is greatly reduced.

“The Prepaid Expo USA 2010” is the perfect venue for NxSystems to showcase its Global Prepaid Solutions, Global Payment Solutions and Pay Any Card programs”, stated Mike Busher. “We look forward to presenting our prepaid electronic payment solutions to those members of the Prepaid Expo USA that have not seen our products and services before.”

About NxSystems
NxSystems - a leading provider of Global Payment Solutions - offers organizations of every size, and across every industry and geography, a comprehensive suite of innovative electronic payment products that access the global financial network. From payroll and commissions, personal and business travel expenses, procurement, voucher, loyalty, gift and incentive programs, student rewards, consumer rebates, airline and travel provider vouchers and buy here pay here financing, to split-tender and multi-currency payment options, the NxPay payment platform provides a real-time web-enabled electronic payment software solution for consumers, merchants, Independent Sales Organizations (ISOs), airline and travel providers and multi-national companies located throughout the world. For more information about NxSystems array of global payment solutions, visit http://www.nxsystemsinc.com or call 503-513-9900.

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