Released on: March 12, 2008, 8:40 am

Press Release Author: Payex

Industry: Financial

Press Release Summary: Payex Becomes Registered ISO with Visa and MasterCard

Press Release Body: (Columbus, OHIO - March 5, 2008). Due to their continued growth
Payex, a Columbus, OH based company formerly operating as Card Payment Systems, was
able to gain its independence as a registered ISO with Visa and MasterCard. A
registered ISO (Independent Sales Organization) undergoes a thorough examination by
both Visa and MasterCard and, if approved, is then able to operate under their own
brand name. Company President, Douglas J. Mack said "After being in this industry
since 1995, this is very exciting and I really look forward to our future growth.
Some take this step much earlier in their career. I wanted to wait until we could
fund our own growth-no investors and debt free. In the Ohio area, there are a
number of sales agents or employees for other ISO's, but only a handful of true
ISO's. There's a lot of change taking place in our industry and it's the perfect
time to expand." Payex will continue to provide the most recent, and best,
technologies and services to merchants nationwide as the payment solutions expert.

About Payex: Payex provides credit card processing, e-commerce solutions, check
protection, gift and loyalty card programs, prepaid solutions and merchant funding
for several thousand businesses nationwide. Douglas J. Mack, president of Payex, has
been in the Merchant Service industry since 1995. He is a small business advocate
and an active member of his local business community in Columbus, Ohio. He is an
advisory board member for the Green Sheet and has been featured in a number of
industry related publications.


Web Site:

Contact Details: Evan Metelko
Marketing Coordinator
1350 W 5th Ave Ste 131
Columbus, OH 43212
(614) 488-VISA ext 107
(888) PAYEX-4U
emetelko@pay-ex.com