Card Express Adds Global Spin with Card Express International Division.IRVINE, Calif. -- Card Express, Inc. (CardEx), a leading prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. processor, announced today that it is spinning off its
technology and processing functions under a new name, Card Express
International. The initiative, announced at the 2007 Prepaid Card Expo
in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , will reflect the company's focus on global
transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.Transaction processing systems are the backbone of an organization because they update constantly. for financial institutions, independent sales organizations This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (ISOs) and other resellers. CardEx's leading-edge processing platform supports prepaid card ordering, fulfillment, tracking, transaction processing, reporting, risk management and customer service functions. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. CardEx President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Alan Safahi, "We've taken a strategic path that clearly features Card Express International as a technology driver and leader in global prepaid processing. Whenever financial institutions, ISOs or resellers need a diversified, one-stop solution, we're uniquely positioned to deliver maximum service." The creation of Card Express International means that Card Express, Inc. and the remaining services -- specifically, corporate direct sales of prepaid products -- are now regrouped under Prepaid Direct. Paula Kubinski has been named general manager of this new division established to market and implement custom gift card and incentive card programs. Safahi will continue his role with Card Express, Inc. and Card Express International, which like Prepaid Direct is based in Irvine, Calif. Safahi added, "These moves deepens our presence worldwide, and importantly, provide added flexibility to pursue exciting opportunities for growth." He also disclosed that Card Express International and Prepaid Direct will be responsible for their own profitability and will have fully-dedicated customer service, implementation, sales and accounting operations. About Card Express, International Established in 1995, Card Express International (CardEx) is a leading global processor of prepaid debit card products and services utilizing the Visa[R] and MasterCard[R] platforms. The company's state-of-the-art proprietary debit card platform is adaptable and scalable to support a myriad of products in a high volume capacity, including gift, incentive, payroll, travel money, general purpose consumer reloadable, expense accounts and virtual cards, among others. For more information, visit www.CardEx.com. |
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