Extel to utilize Debisys prepaid network solution
FOOTHILL RANCH, CA – March 3, 2003 – Debisys, Inc., a leading provider of prepaid transaction processing solutions, today announced that Extel Communications selected Debisys’ transaction processing network for real-time management of customer payments. The agreement will enable Extel, a Texas-based prepaid home phone service provider, to process payments through its distribution channel via the Debisys network.
According to Byron Young, president of Extel, “After carefully evaluating our available options, we concluded that Debisys offered the best solution for Extel. Implementing Debisys’ proven and reliable network is critical for our overall success and will help provide the framework that will allow us to continue to grow our business efficiently and cost effectively. In addition, our relationship with Debisys allows Extel to leverage our distribution channel by offering other complimentary prepaid telecommunication services.”
“We are pleased that Extel has chosen Debisys as its electronic payment processing partner,” said Mark Flanagan, president of Debisys. “We continue to build momentum in the prepaid telephony sector with strong, accomplished prepaid service providers such as Extel. Having developed a proven track record of payment processing in this market sector provides us with confidence in deployment of successful systems for our customers.”
Debisys provides a proprietary transaction processing so
lution that fully automates electronic payment processing for such services as prepaid wireless, long distance, home phone and other prepaid products, utilizing its state-of-the-art point-of-sale terminal software. Debisys’ POS technology eliminates inventory and consignment issues for the merchant and service/product supplier.
About Extel Communications
Extel is a prepaid residential CLEC in Texas that has 11,000 customers. Extel provides basic home phone service, long distance and other value added services. Extel is transitioning to offer other prepaid services to its new and existing distribution channel. The company will be expanding into Florida and California in the next few months. For additional information please call Byron Young, President at 817-371-5279.
About Debisys, Inc.
Debisys, Inc. is a leading supplier of prepaid solutions; including full service products such as prepaid cellular, long distance, internet, MasterCard, debit cards, stored value cards and billpay. The companies POSA network has over 12,000 active terminals and processes over $100m a year in product sales. The companies Flexcharge and Direct Top Up products allow for PINless recharge of cellular accounts and further reduces operation costs for carriers. For more information, please visit the company web site at www.debisys.com or email firstname.lastname@example.org.
Contact: Stephen Combe