MARKHAM, Ontario, February 23, 2010 Everlink, a leading provider of Integrated Payment Solutions and Services in the Canadian marketplace, is pleased to announce a referral relationship with Chase Paymentech, a business unit of JP Morgan Chase (NYSE: JPM), a global leader in payment processing and merchant acquiring.
This new multi-year agreement allows Everlink to expand its Merchant Services suite to include merchant credit card acquiring services through Chase Paymentech. These new services will be offered to Credit Unions, Banks via Everlinks direct sales and ISO Channel Marketing (Independent Sales Organizations).
Chase Paymentech will provide merchant adjudication, account and credit card acquiring services while Everlink will provide payment transaction switching, routing and settlement services for these transactions.
Bringing the new MCAP services to the Canadian market will be a joint effort involving our two organizations. We are very excited about the synergies we will realize by combining the expertise and capabilities of both Chase Paymentech and Everlink to offer a truly world-class, highly competitive and feature-rich MCAP service offering to Canadian ISOs and financial institutions. said Mark Ripplinger, President of Everlink.
We are pleased to partner with Everlink to deliver merchant processing solutions for Credit Union and ISO's. We believe this market to be under served and will benefit from the technology and scale our organizations can deliver said Sam Jawad, President Chase Paymentech Canada.
About Everlink
Everlink Payment Services Inc., a joint-venture company owned by Fidelity National Information Services, Inc and Celero Solutions, with a full Interac certification for Shared Cash Dispensing (SCD), is a recognized leader in the dependable secure delivery of Electronic Transaction Processing services, EMV Chip, Managed ATM Services and Integrated Payment Solutions in the Canadian financial services marketplace. Central to its core mission, Everlink acts as a universal gateway for various ISO organizations and financial institutions which provide ATM, POS and other payments services, priding ourselves on reliability, highly competitive pricing and robustness of product offerings.
With extensive market share in the Canadian Credit Union and Bank industry, Everlink products, solutions and services are delivered today to more than 340 Credit Unions, 30 Schedule I and II banks, 5 major Group and Intercept Processors, and an increasing number POS and ATM ISOs.
To learn more about Everlink Payment Services, visit www.Everlink.ca.
About JPMorgan Chase
Chase Paymentech, a subsidiary of JPMorgan Chase with headquarters in Toronto, ON and Dallas, TX, is a global leader in payment processing and merchant acquiring. The companys proprietary platforms provide access to a wide variety of payment methods, such as credit cards, chip and PIN debit cards, and prepaid stored value cards. Chase Paymentech also provides a full set of solutions aimed at accelerating cash flow and managing transaction data. On the Internet or at the point of sale, Chase Paymentechs unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to Canadian companies both large and small.
More information can be found at www.Chasepaymentech.ca.
Contact Everlink:
Mark Ripplinger, President
Mark.Ripplinger@Everlink.ca
Cell: 416.557.7324
Jim Hackett, Vice-President, Client Relations, Sales & Marketing
Jim.Hackett@Everlink.ca
Cell: 416.518.4606
Merchant POS:
Tom Dolan
Tom.Dolan@Everlink.ca
Cell: 416.436.1137
Strategic Account Managers:
John Fisher
John.Fisher@Everlink.ca
Cell: 416.818.9535
Darlyn Thompson
Darlyn.Thompson@Everlink.ca
Cell: 416.522.3539
Bryan Beattie
Bryan.Beattie@Everlink.ca
Cell: 647.883.1472
Joseph Guyon
Joseph.Guyon@Everlink.ca
Cell: 416.580.3837
National Client Support Centre (NCSC):
1.888.354.6577
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3.3 Million National Customers through 330 credit unions, 50 Schedule I, II & III Banks, 4 Group & Intercept Processors and a growing number of ISOs
4-Year Performance Reliability: 99.9992%. 99.9998% in 2011 & 2010; 99.9970% in 2009; 100% in 2008
EMV Certified with Interac, VISA and MasterCard
PCI DSS compliant
600 Million Debit & Credit Transactions Annually - $15 Billion in Transactional Value
75% of Canadian Credit Unions use Everlink driving and switching solutions
Everlink is owned by FIS & Celero Solutions
Everlink is an Interac Certified leading expert in EMV Chip Technologies and capabilities - Member of exclusive multilateral K-W Trial
Everlink services the payment transaction business needs of over 370 organizations