FTNI Adds PIN Debit Option to ETran

Omaha, NE. December 3, 2013 – Financial Transmission Network Inc. (“FTNI”), a provider of leading payment solutions, announced today that it has added PIN-Debit capabilities, for debit card processing, to its award-winning ETran payment. FTNI’s ETran platform incorporates check scanning, ACH processing, credit and debit card processing and ID verification on a single, managed platform (“SaaS”) to help clients reduce costs, accelerate timelines and improve transaction processing quality. In addition, the Company’s software enables customers to setup recurring payments (ACH, credit & debit card) while providing custom integration for payment posting into back offices systems.  DirectBuy, a current FTNI client, will be the first to utilize this functionality

In announcing the completion of this new feature, Kurt M. Matis, President of FTNI indicated that making PIN debit available is a reaction to the growing need of FTNI’s corporate customer base.  Matis went on to say “Our clients are continually looking for the most convenient ways to allow their customers, clients and donors to remit payments.  By adding PIN debit to ETran’s processing suite we believe we’re providing FTNI customers and prospects with an important option as they formulate their payment strategy through our ETran state-of-the-art payment platform.”

About FTNI

Financial Transmission Network, Inc.’s (FTNI) ETran platform incorporates Remote Deposit Capture (check scanning), ACH, credit and debit card processing and cash posting, on single, managed platform to help clients reduce costs, accelerate timelines and improve transaction processing quality. The Company’s cloud computing based software enables customers to setup recurring payments (ACH & credit & debit card), message between users and provide custom integration into back offices systems, thereby reflecting the payment activity in the merchant’s receivables system.  This technology offers merchants a turn-key, single-payment platform in a software-as-a-service (“SaaS”) environment that is fully PCI-compliant, thereby eliminating the hardware and software costs associated with traditional solutions.  Due to its modular approach and easy deployment, the ETran platform can be deployed in a variety of verticals and customized easily to fit the end-users needs.  Visit FTNI online at www.ftni.com

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Topics: recurring credit card processing