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Contact: Steven Scop
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AMERICAN BANCARD, LLC
Selects VeriFone, Inc. as a “Partner of Choice.”

Boca Raton, FL – AMERICAN BANCARD, LLC, the fastest growing merchant services provider in the country, has named VeriFone, Inc., the world’s leader in secure electronic pay-ment technology, as a “Partner of Choice.” American Bancard recommends VeriFone point-of-sale electronic terminals and purchase processing equipment as preferred products to all American Bancard merchant services customers. American Bancard is one of a select few Merchant Service Providers in the United States with a direct relationship with VeriFone.

American Bancard president and CEO, Sam Zietz, has also agreed to accept a position on VeriFone’s ISO advisory board. “Our reputation is based upon providing premier quality products and unparalleled customer service to our many customers,” stated Zietz. “VeriFone reflects these same value standards, therefore our partnership with them is a natural.”

As a result of the “Partner of Choice” program, merchants pay hundreds of dollars less for state-of-the-art credit card, debit card, and check verification point-of-sale equipment. Merchants pay less for all equipment, not just old, outdated, or overstocked equipment only. Merchants pay less for equipment that is easier to use, more efficient, easier to maintain, and meets all current and upcoming truncation law requirements. Whether brand new, equipment replacement, or upgrades, the merchant pays less.

How is this possible? No middle man. Almost every reseller of POS terminal equipment obtains their products from a distributor before they sell it to the merchant. Involving a distribu-tor adds another markup to the product the merchant ultimately purchases.

But when the same product is purchased through American Bancard, there is no distributor markup because there is no distributor. The result to the end user is that American Bancard can offer high quality products, like VeriFone, at the lowest prices to merchants throughout the country.

About AMERICAN BANCARD, LLC (www.americanbancard.com)
AMERICAN BANCARD, LLC is a registered ISO/MSP for HSBC Bank USA, National Association, Buffalo, NY. As a merchant services provider, our primary focus is to make available to merchants credit and debit/check card processing services and processing equipment. We also provide other financial services including gift, prepaid, and EBT cards; check processing systems; and cash advance programs.

About Verifone, Inc. (www.verifone.com)
VeriFone, Inc., (http://www.verifone.com) recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. VeriFone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over eleven million electronic-payment systems.

COPYRIGHT 2004 AMERICAN BANCARD, LLC. ALL RIGHTS RESERVED.