WILMINGTON, Del. (Business Wire EON/PRWEB ) August 1, 2008 -- Electronic Payment Exchange (EPX), the industry-leading provider of fully integrated, end-to-end payment processing solutions announced today the appointment of John Coleman as Director of Bank Alliances.

Since the launch of BuyerWall, EPX has seen significant growth, particularly in the banking channel. We are building a high performance organization, and John's banking experience, coupled with his strong track record in sales and developing partnerships will continue to fuel our growth.

In his new position, Mr. Coleman will provide EPX’s innovative payment processing services to banks and Independent Sales Organizations (ISOs) in the U.S. and internationally.

EPX is uniquely positioned as a payment processor to offer its services through banks and ISOs because it is one of the few processors that has the capability to process payments through all channels: at the point-of-sale (POS), Internet, and mail order/telephone order (MOTO); for all transaction types: credit, debit, PINless debit, and ACH; and globally using EPX’s Dynamic Currency Processing.

Mr. Coleman will assist banks and ISOs in growing their merchant portfolios and increasing their revenue by providing EPX’s portfolio evaluation services, side-by-side sales, product demonstrations, customer seminars, and bank and merchant training support and services.

EPX will offer its flagship payment processing platform – BuyerWall – to banks and ISOs. BuyerWall is the patent-pending cardholder data protection system exclusively offered by EPX that enables merchants to eliminate data breach liability, while also allowing the merchant to retain complete control of the customer experience. For banks and ISOs, BuyerWall will provide cardholder data security protection to their customers and clients, while dramatically reducing their time and expense associated with achieving Payment Card Industry (PCI) Data Security Standards.

Ray Moyer, Chief Executive Officer and President of EPX said, “Since the launch of BuyerWall, EPX has seen significant growth, particularly in the banking channel. We are building a high performance organization, and John’s banking experience, coupled with his strong track record in sales and developing partnerships will continue to fuel our growth.”

A life-long resident of the of the greater Philadelphia area, Mr. Coleman has held several senior positions in regional banking organizations. John holds a Bachelor of Science (B.S.) in Business and Finance from Villanova University, and a Master of Science (M.S.) in Taxation from Drexel University.

About Electronic Payment Exchange

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

EPX is a Participating Organization of the Payment Card Industry Security Standards Council. EPX is a VISA U.S.A. Cardholder Information Security Program (CISP) Compliant Service Provider, and a MasterCard Site Data Protection (SDP) Compliant Service Provider.

EPX is headquartered in Wilmington, Delaware, with offices in Phoenix, Arizona.

For more information on EPX, or to learn how BuyerWall simplifies PCI DSS compliance, visit www.epx.com or contact EPX at 302-246-3110.

Keyword Tags:

buyerwall, electronic payment exchange, epx, iso, john coleman, payment processing

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