Merchant Services, Inc. of New York Solutions Announces Partnership with Global eTelecom For Electronic Check Conversion.Business EditorsDESTIN, Fla.--(BUSINESS WIRE)--March 24, 2003 Global eTelecom, the national leader in Electronic Check Conversion (ECC (1) (Error-Correcting Code) A type of memory that corrects errors on the fly. See ECC memory. (2) (Elliptic Curve Cryptography) A public key cryptography method that provides fast decryption and digital signature processing. ) today announced that the corporation has entered into an agreement with Merchant Services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or , Inc. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . This partnership will enable Merchant Services, Inc. to provide Electronic Check Conversion to its customers by utilizing Global eTelecom's proprietary processing engine. Merchant Services is the nation's 19th largest credit card processor, with over 70,000 merchants and over 1,000 sales reps nationwide. "MSI MSI: see integrated circuit. (1) (MicroSoft Installer) See Windows Installer. (2) (Medium Scale Integration) Between 100 and 3,000 transistors on a chip. See SSI, LSI, VLSI and ULSI. has a powerhouse of experience and leadership," said Chris Brundage, Senior Vice President of Global eTelecom. "I am extremely excited by the unlimited possibilities created by placing our exceptional solutions in the skilled hands of MSI's sales force. I think we compliment each other extremely well." "Merchant Services is excited about the partnership with Global eTelecom, who we feel is the leader in the Electronic Check Conversion market. We at MSI feel very confident in providing this value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. service to our merchant base," stated Jeff Rosenblatt, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Merchant Services, Inc. About Merchant Services, Inc.: Merchant Services is the 19th largest credit card processor, with over 70,000 merchants and over 1,000 sales reps nationwide. About Global eTelecom, Inc.: Providing TOTAL Check Solutions. Global eTelecom, Inc. provides 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. and Financial Institutions with a powerful Electronic Check Processing engine that enables them to offer their own turnkey check program. Programs include Check Conversion with or without Guarantee, Traditional Paper Guarantee, Electronic Checks by Telephone and Electronic Recurring Debit/ACH. All programs have the option of being Private Labeled with your company's name and logo. Global eTelecom's check services are Licensed Under U.S. Patents: 5,484,988; 6,164,528; 6,283,366; and 6,354,491. More information on Global eTelecom can be found on the company's website at http://www.globaletelecom.com |
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