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Merchant Services, Inc. of New York Solutions Announces Partnership with Global eTelecom For Electronic Check Conversion.

Business Editors

DESTIN, Fla.--(BUSINESS WIRE)--March 24, 2003

Global eTelecom, the national leader in Electronic Check Conversion (ECC) today announced that the corporation has entered into an agreement with Merchant Services, Inc. of New York. 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 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 service to our merchant base," stated Jeff Rosenblatt, Chief Operating Officer 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 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
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Publication:Business Wire
Date:Mar 24, 2003
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