Payment Processing Inc. & Intrix Technology, Inc. Announce Partnership Agreement

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Payment Processing, Inc. to Offer Intrix EBIPP Application to Software Partner Channel

We are committed to offering comprehensive payment processing solutions to our software partner channel and partners like Intrix help make it happen

Intrix Technology, Inc. (Intrix), a technology provider in the electronic payment processing marketplace, today announced that it has entered into a new, multi-year global enterprise relationship with Payment Processing, Inc. (PPI), an industry leader for integrated payments. PPI will combine the Intrix Electronic Bill & Invoice Presentment and Portal application with its offerings to provide software developers the ability to integrate electronic invoices and bills with payment functionality into their software applications.

The new solution called PayMover eInvoice will be offered to PPI’s software partners. The product allows the electronic generation of an invoice or bill from a developer’s application, as well as invoice viewing, management, and partial or full payment via a secure, robust web portal. Developers can also integrate reconciliation data into their application, resulting in a complete end-to-end solution.

"We are committed to offering comprehensive payment processing solutions to our software partner channel and partners like Intrix help make it happen," stated Chuck Riegel, PPI Executive Vice President. "We're excited about this new relationship, and expect to work closely with Intrix to provide our software channel partners with this innovative new product."

Jeff Connors, CEO at Intrix said, "We're pleased that PPI has demonstrated its commitment to this partnership. It's important to us that our distribution partners derive as much value as possible from our EBIPP solution in meeting their customers’ needs. We are extremely committed to the success of our indirect channel."

The Intrix EBIPP is a web-based electronic payment processing system that allows businesses to send their customers a link to electronic invoices via email, and to receive and process payments on-line. The Intrix EBIPP system takes an electronic file that is already being produced by most in-house accounting systems and creates an electronic bill, statement and or invoice for presentment to customers. The system also allows for payment review, electronic dispute management and electronic payment of invoices by buyers or the sellers’ customer service representatives.

About Intrix Technology, Inc.
Intrix is a provider of payment-processing solutions. Intrix supplies these comprehensive solutions for customers, software developers (VARs) and ISOs by combining the power of technology with professional payment expertise. Intrix offers three distinct products, (1) the Intrix Electronic Bill/Invoice Presentment & Payment (EBIPP) is a fully automated, easy to use web-based billing and payment processing system that initiates error-free invoices, submits them electronically and gets merchants paid faster. (2) The Intrix Payment Gateway is a solution for processing payments and storing sensitive payment data and (3) the Intrix Professional Services team provides implementation assistance, software development, custom modifications, training and support services. Learn more at http://www.intrix.com.

About Payment Processing, Inc.
Since 1995, PPI has been partnering with software developers and their customers, delivering nothing less than robust, stable, fully supported and profitable integrated payment solutions. We provide developers with a full range of in-house services for building and promoting integrated payment solutions, including PPI-developed hosted payment services, integration support, customer support, marketing assistance and PA DSS/PCI-DSS security services. It’s why more than 1,400 partners and 40,000 businesses have selected Payment Processing, Inc. as their dedicated payment professionals. Learn more at http://www.paypros.com.

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Mark Passifione
Intrix Technology, Inc.
916-577-1315 ext. 3103
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