For Immediate Release:


Date: July 11, 2003
Place: San Diego, California
Contact: Steve Eazell-Director National Sales and Marketing
Phone: 1-866-300-3376
Fax: 1-707-836-1979
Email: seazell@securepaymentsystems.com
Web www.securepaymentsystems.com


Secure Payment Systems & Central Bancard Form Strategic Alliance

SPS Check and Gift Card Services 'Central' to CBL's Product Offering

(San Diego, CA) Secure Payment Systems (SPS), one of the nation's leading check and gift card services processors and the only U.S. company that provides a truly integrated check conversion and gift card program is pleased to announce that they have reached an agreement with Central Bancard, L.L.C. to provide SPS' extensive suite of Value Added Products to retailers through their national and regional independent sales force.

Central Bancard, LLC, an exciting new merchant acquirer venture developed to provide superior payment processing services is headquartered in Moline, IL. The company was formed as a partnership by three of the industry's most seasoned and successful veterans; Jerry Cain, who founded Merchants Bankcard Network, Bill Brockaway of Quad Cities Bankcard, and Henry Harp, former Senior VP at Vital Processing Services. They bring over 60 years of processing and merchant acquiring experience to the mix.

Steve Eazell, SPS Director of Sales & Marketing stated, "We are pleased to provide the additional value that merchants require in today's marketplace. We feel that combining the breadth of our service offerings with the seasoned backgrounds of these industry veterans will provide tremendous synergy and great value overall."

"We are about generating value to the retailers through our extensive regional network of sales professionals". Commented Jerry Cain, CEO of Central Bancard. "Our success will be contingent upon deliverables and given SPS's reliable product mix, we are confident about exceeding our objectives."

About Secure Payment Systems, Inc

Secure Payment Systems, Inc. (SPS) (www.securepaymentsystems.com) was founded over 6 years ago by Linden (Lin) Fellerman, former 20 year employee and 10 year President of the Telecredit / Equifax Check Services subsidiaries. With over 25 years of entrepreneurial achievement in transaction processing and risk management systems, Lin fosters a hands-on management philosophy resulting in what may arguably be the lowest merchant attrition rate in the industry. He attributes this success, and a 40% annual growth rate, to unprecedented customer service levels that begin and end with a philosophy that empowers sales agents and employees while rewarding and encouraging unusual attention to detail.

About Central Bancard, LLC

Central Bancard, LLC, a new independent sales organization was founded and developed to provide payment processing services to the small to mid tier merchant level and is headquartered in Moline, Il, and is the brainchild of three of the industry's most seasoned and successful veterans; Jerry Cain, who founded Merchants Bankcard Network, Bill Brockaway, former COO of Quad Cities Bankcard, and Henry Harp, former Senior VP at Vital Processing Services. Their successful backgrounds will lend a wealth of experience and knowledge to the merchant-acquiring world by utilizing a series of proven strategies to benefit both sales rep and retailer. Go to their website at www.centralbancard.com for more information.

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