EPX and Private Quarters Enter into Payment Processing Relationship

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Electronic Payment Exchange (EPX), a global, full-service provider of credit card, debit card, and electronic check processing services, announced today that they have entered into a long-term, exclusive payment processing relationship with Private Quarters, Inc.

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Electronic Payment Exchange

The PCI-compliant credit card processing services provided by EPX protect Private Quarters’ customers and streamline our operational workflows associated with accepting credit card payments.

Electronic Payment Exchange (EPX), a global, full-service provider of credit card, debit card, and electronic check processing services, announced today that they have entered into a long-term, exclusive payment processing relationship with Private Quarters, Inc.

Private Quarters, the nation’s premier, direct selling company focused on high-quality linens and comfortwear for the bed and bath, selected EPX as their processor of web-based and point-of-sale Visa, MasterCard, American Express, and Discover transactions. Private Quarters selected EPX because of EPX’s fully integrated, tokenization-based payment processing solutions that facilitate PCI compliance, reduce risk, and enhance efficiency and because of EPX’s ability to integrate with direct selling software from PartyPlan Solutions. Private Quarters, a corporate member of the Direct Selling Association, is a fast growing, national business with hundreds of independent consultants selling millions of dollars of home textiles annually.

"Securing the payment data of our loyal customers is extremely important to Private Quarters," says Private Quarters Co-founder, President and CEO Jeff Stroud. “The PCI-compliant credit card processing services provided by EPX protect Private Quarters’ customers and streamline our operational workflows associated with accepting credit card payments.”

EPX Marketing Director Steven Kendus believes the EPX/Private Quarters relationship demonstrates the direct selling industry’s increased need for secure, cost-effective payment processing. “Direct selling and direct buying are integral components of American culture,” Kendus says. “There are more than 16 million direct sellers in the U.S. who are generating increasing numbers of credit card transactions, and these merchants and their customers deserve strong protection from payment data theft, identity theft, and exorbitant processing fees.”

About Electronic Payment Exchange

Founded in 1979, Electronic Payment Exchange is the global, industry-leading provider of fully integrated, end-to-end payment solutions for merchants across all distribution channels. EPX offers a full range of tokenization-based payment processing services for leading merchants, retailers, etailers, and banks in the United States, Canada, Europe, Latin America, and the Caribbean.

EPX is a participating organization of the Payment Card Industry Security Standards Council. EPX is PCI v1.2 compliant, a VISA USA Cardholder Information Security Program (CISP) Compliant Service Provider, and a MasterCard Site Data Protection (SDP) Compliant Service Provider.

For more information about EPX, visit http://www.epx.com or contact EPX at 302-288-0600.

Contact:
Steven M. Kendus, Marketing Director
Electronic Payment Exchange
302.288.0600
skendus(at)epx(dot)com

About Private Quarters

Private Quarters is the premier direct seller of luxury bedding, bath and spa products. Founded in 2004 by executives from the former Strouds Linens retail stores, Private Quarters has become the fast-growing direct seller of hotel-quality bed and bath essentials. Private Quarters products are available through Comfort Consultants throughout the country, or by ordering directly by calling (323) 838-1333, Ext. 28.

For more information, visit http://www.myprivatequarters.com.

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Steven M. Kendus
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