TransFirst Completes Texas QISV Certification Process; Designation Opens Doors for TransFirst to Provide Online Transaction Processing for Texas State Agencies.Business Editors DALLAS--(BUSINESS WIRE)--Dec. 3, 2002 TransFirst, a leading 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. and payment technologies provider, today announced it has been designated a Qualified Information Systems Vendor with the Texas Building and Procurement Commission. With this designation, TransFirst, through its wholly-owned subsidiary DPI (Dots Per Inch) The measurement of the resolution of display and printing systems. A typical CRT screen provides 96 dpi, which provides 9,216 dots per square inch (96x96). Flat panel displays from 110 to 200 dpi have also been developed. 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 , which specializes in e-commerce and other card-not-present transaction processing solutions, will now be able to provide online transaction processing See transaction processing and OLCP. services to Texas government entities, contributing to the company's leadership in the e-government transaction processing market. "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. , citizens and governmental workers are requesting the same e-business and online services they have become accustomed to in the private sector from state agencies," said Thomas Rouse, TransFirst's chief executive. "The completion of this and similar processes in other states is the next step in providing easy access to market-leading transaction processing solutions to government customers, while also demonstrating our commitment to providing these services at highly competitive prices." In August 2002, DPI Merchant Services, a wholly-owned TransFirst subsidiary and leading provider of e-commerce and other card-not-present transaction processing solutions, announced a partnership with eLevel Inc., a leading provider of Web-enabled business applications, to provide turnkey solutions for interactive government services. In addition to providing significant inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ for DPI and TransFirst into the emerging eGovernment market, the alliance streamlined the bidding process for governmental organizations ranging from small rural cities to entire counties and states, making it easier for them to provide e-business benefits for citizens and government workers. The purpose of the QISV QISV Qualified Information System Vendor QISV Qualified Information Systems Vendor Purchasing Program is to allow for qualified state agencies and political subdivisions, which are required to utilize this program when making purchases for commodities and services, to purchase automated information systems products and services through a cost effective and competitive method. The QISV certification granted to TransFirst secures its placement among a limited qualified list of vendors from which government entities may select. To obtain status as a QISV, TransFirst completed an extensive application process, which included creating and publishing an online catalogue, as well as providing company documentation and references. Based on this application, the Central Procurement The procurement of materiel, supplies, or services by an officially designated command or agency with funds specifically provided for such procurement for the benefit and use of the entire component or, in the case of single managers, for the Military Departments as a whole. Services Division approved TransFirst and qualified the company as a QISV. To maintain status as a QISV, TransFirst must continue to remain active on the CMBL CMBL Centralized Master Bidders List and comply with all QISV rules and guidelines. About TransFirst TransFirst, a premier provider of transaction processing services and payment technologies, was founded in 1995 by the senior management of one of the top 25 payment processing companies in the nation. Built on a foundation of personal service, customer commitment and flexible pricing, TransFirst offers a broad range of transaction processing and payment technologies to merchants, financial institutions and ISOs in a range of industries and emerging vertical markets. Based in Dallas with operations in Superior, Colo., Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , and Omaha, Neb., TransFirst serves more than 450 community banks and 46,000 merchant customers nationwide. TransFirst can be reached at 800/745-2659 or at www.transfirst.net. |
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