Fargo, ND (June 7, 2006) - InterceptEFT
today announced a strategic partnership with EFT Canada, Inc. (TSX-V:
EFT), based in Toronto, Ontario, Canada. EFT Canada Inc., a publicly
traded company, provides advanced electronic payment services and
tools for small and medium-sized businesses such as credit unions
Through the EFT Canada partnership, InterceptEFT will improve its ACH processing
capabilities for transmitting Canadian funds and maintaining customer data. "Our
new relationship with EFT Canada helps us process monies associated with Canadian
accounts with quality service and competitive rates", says InterceptEFT
President and co-founder, Bryan Smith. "It's another way to improve services
for our customers."
Customers will benefit from paperless and seamless EFT/ACH transactions between
Canadian and U.S. bank accounts. "We are pleased to partner with InterceptEFT",
said Randy Waxman, COO of EFT Canada. "Our organization focuses on worry-free,
efficient electronic transaction processing, and we're excited to extend our
services to InterceptEFT and its customers."
EFT Canada offers a comprehensive software solution for a wide variety of companies,
by providing direct customer billing and collections for business services and
products on a scheduled basis. Fargo, N.D. based InterceptEFT is a national leader
in payment-processing services and software. It processed more than 26 million
ACH transactions in 2005.
About EFT Canada
Founded in 2003, EFT Canada Inc., a publicly traded company
on the Toronto Venture Exchange and headquartered in Toronto,
Ontario, offers a complete solution to the collection and payment
processing needs of merchants, banks, credit unions, and other
financial firms in Canada and the United States. The Company
develops, maintains and delivers innovative electronic transaction
processing technologies, such as customized electronic payment
and collection processing solutions, by drawing on its operational
and applications expertise.
More information can be found on the corporate web site at www.eftcanada.com.
Since its inception in 1993, InterceptEFT has been one of the fastest
growing, technologically advanced, and widely recognized EFT processors
in the industry. InterceptEFT offers a wide-range of EFT solutions,
including ACH Processing, Credit Card Processing, Check Conversion/Guarantee,
ACH/Check Verification, Remote Deposit, and Image Processing. InterceptEFT
gives companies the tools they need to streamline financial transactions
so they can accomplish more and stress less. For more information,
For further information:
President - EFT Canada Inc.
info (at) eftcanada.com