FNDS3000 Inks Deal With Elavon
August 12 2008 - 6:00AM
PR Newswire (US)
PONTE VEDRA BEACH, Fla., Aug. 12 /PRNewswire-FirstCall/ -- Atlas
Merchant Services, a wholly-owned subsidiary of FNDS3000 Corp.
(OTC: FDTC) (BULLETIN BOARD: FDTC) has signed a transaction
processing agreement with Elavon, formerly NOVA Information
Systems. The recent acquisition of Atlas by FNDS3000, a financial
transaction processing company providing prepaid debit card and
merchant processing solutions, received the agreement that
leverages Elavon's robust payment solutions and international
processing platform to support FNDS3000's global merchant acquiring
growth plans. "Our relationship with Elavon is fundamental to our
merchant acquiring expansion in the America's, Europe and
elsewhere," said Joe Tumbarello, COO of FNDS3000 Corp. "The
combination of Elavon's superior processing technology and
end-to-end capabilities enables us to more effectively reach our
goals." "Our relationship with FNDS3000 is an exciting realization
that highlights how global growth trends benefit business
relationships in a very positive way," said Stuart C. Harvey, Jr.,
CEO of Elavon. "Realizing expansion opportunities for both of our
organizations creates synergistic solutions that are part of our
global business footprint." Elavon provides FNDS3000 with a
powerful, end-to-end processing network and customized merchant
support services for their expanding base of merchants. About
Elavon: Elavon provides end-to-end payment processing services to
more than one million merchants in the United States, Europe,
Canada and Puerto Rico. Solutions include credit and debit card
processing, electronic check services, gift cards, dynamic currency
conversion, multi-currency support, and cross-border acquiring.
Elavon's services are marketed through multiple alliance partner
channels including financial institutions, trade associations and
ISOs. Elavon has solutions to meet the needs of merchants in
specialized markets including small business, retail,
hospitality/T&E, health care, education and the public sector.
Elavon represents the former brands of NOVA Information Systems and
its affiliates FHMS and euroConex. For more information about
Elavon visit http://www.elavon.com/ . About FNDS3000 Corp: FNDS3000
Corp (OTCBB: FDTC) (Frankfurt: "FT4," A0MWLG) is a financial
transaction processing company providing prepaid debit card and
merchant processing solutions. We provide prepaid debit cards to a
market with over 1 Billion individuals worldwide who do not have
bank accounts, estimated at over $100 Billion in annual revenue.
Our products allow employers to replace payroll checks for all
workers. In addition, employers can use our products in lieu of
cash to pay employees -- this may be greater than 50% of the
worldwide working population. Domestic and international sharing of
money, similar to Western Union(TM), is a key feature of our
solution. This market estimated to be over $100 Billion annually.
Many of our products carry worldwide brand marks and can be used
anywhere in the world that accepts those brands. Other services
include gift cards, bill pay, prepaid cellular and other prepaid
products. Our merchant processing solutions provide comprehensive
credit, debit, and check card payment programs. We are dedicated to
the service and profitability of our merchants. The combination of
card issuing and merchant processing enables FNDS3000 to provide
turnkey financial transaction solutions to virtually any market
worldwide. DATASOURCE: FNDS3000 Corp. CONTACT: Holly Lytle of
Elavon Media Relations, +1-404-606-0129, ; David Fann, President of
FNDS3000 Corp., +1-904-273-2702, Web site: http://www.fnds3000.com/
http://www.elavon.com/
Copyright