Element Payment Services Named a 2012 Best Channel Vendor By Business Solutions Magazine

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For the third consecutive year, Element Payment Services has been recognized by Business Solutions magazine, as a payment processing Best Channel Vendor.

Element Payment Services

Element Payment Services, Inc., the industry leader in PCI compliant payment processing, announces that it has been selected by Business Solutions magazine as one of the Best Channel Vendors for 2012. Value Added Resellers (VARs) and Independent Software Providers (ISVs) participating in Business Solutions' annual survey ranked Element Payment Services as a top payment processor for its innovative and reliable technologies, and service and support. Being honored with the 2012 Best Channel Vendor award makes it the fifth award in a row for Element Payment Services from Business Solutions magazine. Element’s past awards include the Best Channel Product in 2010 and 2011, and the Best Channel Vendor in 2010, 2011 and now 2012.

Element continues to provide its software partners and their customers with solutions that reduce risk and liability, as well as ease the burden of PCI compliance. Element works to develop and provide technologies that enable its partners to stay ahead of the payment industry’s security requirements and offer best-in-class solutions to their customers.

“On-behalf of Element Payment Services, it is an honor to once again be recognized as an industry-leading payment processor by those VARs and ISVs who participated in the Business Solutions magazine survey,” said Sean Kramer, president and CEO, Element Payment Services. “As the fifth BSM award received by Element, and third in a row for Best Channel Vendor, this recognition is a direct reflection of Element’s dedication to helping customers reduce the burden of PA-DSS and PCI Compliance, while providing the best possible service.”

Business Solutions magazine partnered with Penn State University to conduct the survey and analyze the results. The web-based survey of nearly 4,300 of the most active VAR/ISV subscribers drew nearly 11,000 votes, continuing the tradition of this being one of the largest surveys of its kind, across categories that included service/support, features, innovation and reliability. Once the votes were analyzed and compiled, the top vendors were awarded as the 2012 Best Channel Vendors. Of all vendors that were included, only the top five percent were honored with this award, making this an exclusive list of winners of which Element is included.

Element Payment Services will be recognized for its 2012 Best Channel Vendor award in the January 2012 issue of Business Solutions magazine, as well as on the BSMinfo.com Best Channel Vendors Feature page, year-round.

About Element Payment Services
Headquartered in Phoenix, Arizona, Element Payment Services, Inc. is the industry-leading provider of fully integrated PCI DSS compliant payment processing solutions for merchants and business management software providers. Engineered using service-oriented architecture, Element's Express Processing Platform allows for easy integration, supports advanced technologies and manages more than $7 billion in transaction volume annually.

Element's TransForm™ approach to payment processing is built on a simple idea - remove the value and accessibility of cardholder data to eliminate the risk. Leveraging advanced point-to-point encryption and tokenization, Element's suite of payment solutions transform how payments are secured in a simplified way-delivering optimal security that not only meets, but exceeds PCI DSS/PA-DSS compliance requirements. Element's innovative technology, Hosted Payments, was the first payment processing solution on the market to take software providers out of scope for PA-DSS/PCI DSS compliance requirements.

More information about Element Payment Services can be found at http://www.elementps.com.

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Brock Robertson
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