Omaha, NE September 14, 2011 – Financial Transmission Network Inc. (“FTNI”), a leading provider of payment solutions, announced today it has completed certification of its ETran payment platform on TransFirst’s TransAction CentralTM. TransFirst’s centralized payment processing system performs local and national processing 24/7. This integration expands FTNI’s earlier certification with TransFirst’s TransLink platform.
FTNI’s ETran platform incorporates check scanning, ACH processing, credit 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 set up recurring payments (ACH and credit card), message between users and provide custom integration into back offices systems.
”We are pleased to be able to provide FTNI with expanded payment processing services and support that seamlessly integrate with ETran,” said Christy Corey, president of TransFirst’s vertical market services group. “This is the kind of mutually beneficial collaboration that is at the core of TransFirst’s integrated solutions.”
Kurt M. Matis, President of FTNI added, “We are excited about expanding our payment capabilities with TransFirst. FTNI is continually focused on providing enhanced payment options to our customers as well as best-in-class service. This certification helps us continue to achieve those goals.”
Financial Transmission Network, Inc.’s (FTNI) ETran platform incorporates remote deposit capture (check scanning), ACH and credit card processing 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 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.
A leading provider of secure transaction processing services and payment enabling technologies, TransFirst offers innovative products and services designed with financial institution, independent sales organization, healthcare, e-commerce, government and merchant customers’ unique needs in mind. By collaborating with our customers and utilizing strong industry knowledge, we help them grow their businesses. Founded in 1995, TransFirst continues to attain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TransFirst is headquartered in Hauppauge, N.Y., and has operations facilities in Aurora, Colo., Broomfield, Colo., Omaha, Neb., Overland Park, Kan., Arlington, Va., Nashville, Tenn. and executive headquarters in Dallas, Texas. Company-wide, TransFirst currently processes approximately $30 billion in annual sales volume for more than 150,000 merchants and thousands of financial institutions. For additional information, please call 800-745-2659 or visit www.TransFirst.com.