eDeposit Launches New Technology Platform

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Partners with aurionPro to Reinvent Buyer-Authorization

Dozens of industries that are seeking less risk, real-time settlement and better relationships with their customers will benefit from eDeposit’s network.

eDeposit Corporation, a leading financial services company (http://www.edeposit.com) announced today its re-designed technology is complete. The new platform houses its virtual account network and payment processing systems. eDeposit’s patented services reduce risk and cut costs when acquiring new and recurring customers.

aurionPro took eDeposit’s unique business process and high-level design and wrote an open API-based platform to integrate core operational functions. The eDeposit and aurionPro teams built elegant, thoughtful User Interfaces with efficient database structures. From concept to development, testing through production, global teams worked diligently to deliver mobile and web-based applications for eDeposit’s next generation platform.

“We are thrilled that we were able to bring our innovative buyer-authorization payments service from concept to market so quickly. aurionPro was a great partner; their proficiency in U.S. payment systems saved us time and cost,” said eDeposit’s CEO Robert R. Craig, “and when our clients wanted new features, aurionPro didn’t miss a beat.”

eDeposit’s unique buyer-authorization solution allows businesses to say, “Show me the money!” then verify customer funds via web and mobile applications. Dozens of industries that are seeking less risk, real-time settlement and better relationships with their customers will benefit from eDeposit’s network. Commenting on the rollout of eDeposit’s new platform, Walt Levengood, President of aurionPro’s Payments business added: “eDeposit leveraged aurionPro’s Payments Framework in conjunction with our extensive expertise in card processing, ACH and mobile application deployment to deliver eDeposit’s unique technology. We enthusiastically promote their goal of upending the provincial buyer-seller authorization model.”

About aurionPro
aurionPro (NSE: AURIONPRO) (BSE: 532668) is a publicly traded technology company that helps Fortune 1000 companies to be more efficient through domain-driven software and consulting offerings. Employing more than 1250 individuals across North America, Asia, and Europe, the company has been recognized by Deloitte, Forbes, and the 2011 FinTech 100 as one of the world’s fastest growing technology companies. aurionPro is also the recent winner of the IBM Beacon Award for best industry solution for Banking. For more information, visit http://www.aurionpro.com.

About eDeposit
eDeposit is reinventing the way businesses interact with their customers. eDeposit improves client profitability and customer experience through its real-time payment authorization and settlement network. Our patented technology permits buyers and sellers to say, "Show me the money!" and actually see the funds on hold via our unique virtual account platform. eDeposit provides the assurance of good funds and real-time settlement for businesses managing one-time and recurring transactions. For more details, visit http://www.edeposit.com.

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