Press Release — For Immediate Release

Electronic Payments Marks Seven Consecutive Years of Growth on The Nilson Report’s List of Top Merchant Acquirers in the United States

Calverton, New York — March 25, 2019 —

Calverton, New York — March 25, 2019 — Electronic Payments, an industry-leading payment processor and point of sale provider, has advanced its position on The Nilson Report’s 2018 List of Top Merchant Acquirers in the U.S. for the seventh consecutive year. With 15% growth in annual processing volumes, the company is ranked 29th among merchant acquirers nationwide based on Visa/MasterCard volume and 19th based on purchase transactions.

Electronic Payments’ achieves consistent results by meeting the challenges of the evolving payments landscape with state-of-the-art technology. The company’s omnichannel, integrated business solutions, including its proprietary point of sale system, Exatouch®, offer hospitality, retail, and service merchants the ability to streamline their operations for maximum growth. These innovations coupled with unparalleled, in-house support have resulted in annual processing volumes exceeding more than $10 Billion.

“Our approach to technology shifts and competition in payments and POS is focused on service, innovation, and customization,” said Michael Nardy, Founder and CEO. “As one of the largest, privately owned merchant acquirers, we offer our partners proprietary solutions designed to scale. In nearly two decades of business, Electronic Payments has earned a solid reputation through reliability and unmatched service, further reinforcing our industry standing.”

Top U.S. merchant acquirers in 2018 are ranked according to purchase volume on credit, debit, and prepaid payment cards. Visit www.nilsonreport.com for additional information.

About Electronic Payments

With "Innovation through every transaction", Electronic Payments has distinguished itself as one of the fastest growing and highly regarded privately held payment and transaction processing companies in the United States. Electronic Payments currently serves businesses in all types of industry and acquires new clients through a network of agent banks, sales agents and independent sales offices (ISOs). Their TableTurn restaurant management platform currently serves more than 5,000 merchant locations and processes in excess of $1.2 Billion in annual volume. Visit www.electronicpayments.com for additional information.