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i-Payout Systems Now Integrated with Acculynk Direct’s PayLeap

Posted on 11 April 2013

Multinational i-Payout to add Internet PIN Debit as a Payment Method

 

Atlanta, GA, April 10, 2013 – Acculynk Direct, a division of Acculynk, and i-Payout, a payment platform that delivers secure, global payment solutions to multi-national organizations, today announced that i-Payout has integrated with PayLeap enabling online PIN debit payments.

With the integration, i-Payout clients will now have access to Acculynk’s PaySecure® payment method for Internet PIN debit. With PaySecure, users authenticate a debit payment by entering their debit PIN on a virtual PIN-pad during the online payment process.

“We believe the ability to accept internet PIN debit payments will be highly attractive to i-Payout clients, many of whom have users based in countries where credit cards are not widely used and PIN debit is the most important payment method,” said Eddie Gonzalez, President of i-Payout.   “Our clients can now build a more streamlined payments function by offering the advantage of fast, secure internet PIN debit.”

PaySecure is designed to provide an extra layer of security for debit card transactions, helping reduce fraud and charge-backs for merchants, while offering opportunities for sales lift by enabling the millions of consumers with PIN-only debit cards.

“We are looking forward to helping i-Payout grow by leveraging our patented online PIN pad to enable PIN debit, the most prevalent payment method globally,” Scott Miller, PayLeap General Manager & EVP, Acculynk Direct.  “As the industry’s only debit-focused acquirer, PayLeap is uniquely qualified to add value to i-Payout and also to other small and medium-sized businesses that similarly want to thrive in the global market.”

About Acculynk

Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Additionally, Acculynk solutions include PayLeap, a gateway and acquiring and card processing services, and Payzur, a debit-based P2P solution.  Visit http://www.acculynk.com.

About i-Payout

International Payout Systems is a payments company that works with domestic and multi-national organizations to deliver payments to employees, distributors and suppliers and to enable these groups to pay for product and services using this same account. IPS has developed a network of over 140 banks in over 200 countries to enable its clients to operate locally in each or on a centralized basis using the IPS multi-currency payment engine.  Visit www.i-payout.com, demo.globalwallet.com

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Acculynk Direct’s PayLeap Announces Partnership with Spindle

Posted on 07 February 2013

Acculynk Direct’s PayLeap Announces Partnership with Spindle

Integration of Platforms Will Better Position Both Companies to Serve

the Global Mobile Market

 

ATLANTA, GA – (February 6, 2013) PayLeap (www.payleap.com), Acculynk’s payment gateway and payments processing solution, announced that it has signed a strategic agreement with Spindle, Inc. (OTCBB: SPDL), a leading provider of mobile payments solutions. Through this partnership, the two companies plan to integrate their respective platforms to better serve the global mobile commerce market.

“We are very pleased to work with Acculynk Direct and its PayLeap solution to deliver relevant payment solutions to mobile, online and retail merchants,” said Bill Clark, president of Spindle.  “Acculynk is highly regarded for its suite of patent-backed authentication and encryption software services that enable greater online transaction security.   The synergies between PayLeap and Spindle will enable each company to capitalize on many new opportunities, and serve the growing legions of merchants that are looking for mobile payments technology.”

Acculynk’s PayLeap payment platform provides multi-functional gateway, acquiring and card processing services for e-commerce, face-to-face, recurring, and online bill payments. Catering to merchants, resellers, and developers, PayLeap provides a secure, single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock, plus developer friendly tools and mobile payment capabilities.

“This partnership represents an alliance between two organizations that have a track record for delivering frictionless payment solutions to merchants,” said Ashish Bahl, CEO Acculynk.  “Becoming part of the large and growing Spindle eco-system is a strategic opportunity for us to increase our reach and serve the needs of customers across the payments world.”

Based in Scottsdale, Arizona, Spindle offers a comprehensive platform that supports consumer and merchant engagement services including payment, couponing, loyalty, and advertising in a secure end-to-end SaaS platform. The company’s platform, which is white-labeled by financial institutions, mobile operators, and other organizations, is used to facilitate transactions among individuals and businesses. Spindle offers a technology-agnostic platform that manages customer boarding, risk and underwriting, and transaction processing.

 

About Acculynk

Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Additionally, Acculynk Direct, offers PayLeap, a gateway and acquiring and card processing services, and Payzur, a debit-based P2P solution.  Visit http://www.acculynk.com and http://www.payleap.com.

 

About Spindle, Inc.

Spindle is an innovator of mobile payment solutions for the banking industry, retail sector and consumer-facing companies. A pioneer in “Frictionless Finance,” the company is actively developing new and improved ways for companies and end consumers to fluidly transact and exchange funds, regardless of platform. The Company is dedicated to delivery of secure payment services crossing traditional boundaries by offering cutting-edge solutions that enable buyers, sellers and individuals to transact face-to-face or virtually using mobile or internet devices. The Company also owns and has developed an extensive intellectual property portfolio, including patents pending, covering networks, mobile payments and security. For more information, visit www.spindlehq.com.

 

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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