For Immediate Release:

Date: October 10, 2005
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 Chosen to be Exclusive Gift and Loyalty Card Processor in Puerto Rico
 

(San Diego, CA) Secure Payment Systems (SPS), one of the nation's leading check and gift card services processors nationwide is pleased to announce that it has been chosen as the exclusive provider of stored value gift and loyalty card services in the United States Territory of Puerto Rico through Worldwide Payment Services, Inc. the only Independent Sales Organization approved to sell credit card processing services within the territory. SPS will be responsible for providing electronic gift card and loyalty processing to the merchants of one of the fastest growing markets outside of the U.S.

"We see stored-value gift cards as pivotal to our growth and success in the near future. We are extremely delighted to align ourselves with an organization that reflects our commitment to service." Commented Oscar Muņoz, President of Worldwide Payment Services, Inc. "Working with SPS' highly evolved systems, their professionalism and flexibility is what attracted us to offer their feature rich gift card program to our merchants."

SPS Director of Sales and Marketing, Steve Eazell, remarked "We consider it an honor to be chosen to be the exclusive gift card vendor to such a progressive organization such as Worldwide Payment Services, and look forward to the challenge of lending our services to the good people of Puerto Rico." By virtue of converting to plastic and actively promoting the offering through countertop displays, we expect that Puerto Rican merchants will likely triple and quadruple previous gift certificate sales during the upcoming holiday season".

About Secure Payment Systems, Inc

Secure Payment Systems, Inc. (SPS) (www.securepaymentsystems.com) was founded in 1996 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 30% 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 Worldwide Payment Services, Inc.

Worldwide Payment Services, Inc. (WPS) is a premier provider of end-to-end, credit/debit/gift/loyalty/store value cards, HIPPA-compliant transactions, and check acceptance processing systems and services for banks, merchants, corporations, healthcare providers and government agencies. We specialize in serving the payment processing needs of the Puerto Rico business community by providing value-added, customized solutions specific to their regional needs.