First American Payment Systems Signs Agreement With Global eTelecom for Electronic Check Conversion.Business Editors
FORT WORTH, Texas--(BUSINESS WIRE)--Aug. 3, 2000
First American First American may refer to:
"We are very pleased to have a company of First American's stature stature /sta·ture/ (stach´ur) the height or tallness of a person standing.stat´ural
The height of a person.
the height of an animal in the standing position. and reputation choose us to provide their electronic check conversion services. They have an excellent reputation for service and providing cutting-edge payment solutions to our industry," said John H. Beebe, chairman and chief executive officer of Global eTelecom. "We look forward to a long relationship with them."
"We chose Global eTelecom because of their robust systems for electronic check conversion, which we believe are far superior to the competition," said Neil L. Randel, president and chief executive officer of First American Payment Systems. "Partnering with Global eTelecom will allow us to deliver another quality product to our national sales force."
About First American
First American Payment Systems L.P., a privately owned company founded in 1990, provides full-service electronic credit card authorization and payment systems to restaurant, retail, mail order, telephone order, Internet and home-based merchants throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . First American's other divisions include national ATM deployment, Secur-Chex(TM) check guarantee, FirstPay. Net e-commerce payment gateway and Merimac Capital point-of-sale equipment and ATM leasing. For more information on First American Payment Systems, visit the company's Web site at www.first-american.net.
About Global eTelecom
Global eTelecom owns the first approved technology by the National Automated Clearing House See ACH. Association for electronically processing checks at the point-of-sale. Global eTelecom provides its proprietary electronic check processing services to a network of banks, independent sales agents, and credit card processors nationwide. Other electronic check services include: mail order, telephone order, lockbox Lockbox
A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. conversion, recurring re·cur
intr.v. re·curred, re·cur·ring, re·curs
1. To happen, come up, or show up again or repeatedly.
2. To return to one's attention or memory.
3. To return in thought or discourse. debit, represented check collection (RCK RCK Returned Check
RCK Reverse Crescent Kick (karate)
RCK Radio Check ), and complete check image capture. For more information on Global eTelecom, visit the company's Web site at www.globaletelecom.com.