NOMINATIONS OPEN FOR 2011 PAYMETRIC CUSTOMER INNOVATION AWARDS
Entry Deadline February 28, 2011 for Award’s Extended Categories;
Companies will be Recognized for Technical Prowess and Financial Stewardhip

Atlanta, GA – September 1, 2010 – Paymetric Inc., the leading provider of integrated and secure enterprise payment acceptance solutions, today announced nominations are open for the 2011 Paymetric Customer Innovation Awards. The sought-after annual awards seek to honor the most exceptional and innovative achievements made by companies utilizing Paymetric solutions.   

“Our success is tied closely with the success of our customers and it’s important to give credit to those companies doing innovative things with our solutions,” said Larry Wine, CEO, Paymetric. “We built this award program to honor those companies who are truly embracing innovation to grow their business and increase electronic payment security. We had a strong response to our 2010 inaugural awards and are excited to carry this into its second year.”

Paymetric expanded the award categories for the 2011 Customer Innovation Awards program, giving customers a total of nine opportunities to be recognized.  A winner will be named in each of the following categories:

·         Most Innovative Use of Tokenization- This award recognizes the company which has utilized XiSecure On-Demand to the greatest advantage, addressing the cost and scope of PCI compliance, enhanced security and brand protection.

·         Best Use of Technology – This award will recognize the company which has optimally utilized either XiPay On-Demand and/or XiSecure On-Demand to help address critical financial, operational and security issues related to accepting electronic payments.

·         Best Global Use of Technology – The award recognizes the customer which demonstrated true innovation in the implementation of an integrated payment processing solution on a global scale.

·         Best Use of Data Intercept Technology – This award recognizes the company that has utilized Data Intercept to the greatest advantage, addressing the cost and scope of PCI Compliance while also enhancing security and brand protection

·         Product Innovation – This award recognizes the company that has best demonstrated a superior ability to drive Paymetric product innovation and has been a catalyst for new features or functionality among the Paymetric line of services.

·         Client Services Collaboration – This award recognizes the customer who has been a most outstanding “partner” in working with the Paymetric Client Services organization.                                                                                                          

·         Solution Extensibility – This award recognizes the customer that has experienced the full value of electronic payment acceptance by extending Paymetric solutions into other parts of the business in order to facilitate growth.

·         Paymetric Advocate – This award recognizes the company that has been an advocate for Paymetric amongst external audiences via participation in case studies, testimonials, media interviews, and more.

·         Customer Tenure – Paymetric will be issuing several special awards to those loyal customers who have grown with the company over the years.

Current customers of Paymetric with live solutions are invited to nominate themselves for the award and must demonstrate how Paymetric’s XiPay On-Demand and/or XiSecure On-Demand solution has helped the organization to:

·         Improve business processes and performance

·         Overcome technological or organizational challenges

·         Increase operational efficiencies

·         Improve security and brand protection

·         Deliver excellence in customer service

·         Achieve documented and/or demonstrable ROI

Each award submission will be reviewed by a Paymetric appointed panel of industry experts and executives. Winners of the Paymetric 2011 Customer Innovation Awards will receive the following benefits:

·         Recognition as a technology and security leader in their industry

·         Paymetric Customer Innovation Award Winner Case Study

·         Paymetric press release recognition

·         $500 donation to the Make-A-Wish Foundation or other charitable cause chosen by the winning company

·         Recognition on paymetric.com and the company’s Payments U. online community

Nominations will be accepted at www.paymetric.com from September 1, 2010 – February 28, 2011. Winners will be selected by mid-April and announced at a prestigious awards dinner at the annual SAPPHIRE-ASUG tradeshow.

In addition, Paymetric plans to launch a Partner Innovation Award program later this year.  Details of that award will be announced soon.

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ABOUT PAYMETRIC
Paymetric, Inc. is the leading provider of integrated and secure electronic payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric’s solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is recognized as an industry leader and is a three-time award-winning SAP certified partner. Visit www.paymetric.com for additional information.

Introducing Data Intercept Solutions – Tokenization Amplified

How would you like to be able to entirely eliminate cardholder data from entering your enterprise system, while drastically reducing PCI DSS scope?

Now, with Data Intercept, cardholder data is “intercepted” before it ever touches your four walls. Merchants never handle the actual card number, only a “token” that can be used just like the real number. Now that’s tokenization amplified!

What’s more? If properly architected, merchants may be eligible to qualify for Self Assessment Questionnaire A (SAQ-A), which would reduce the annual PCI DSS audit from 205 questions to just 14.

In This Webcast, You Will Learn:

• How Data Intercept works in an e-commerce environment, and as a stand-alone solution.
• How merchants can protect themselves from a data security breach and eliminate the possibility of incurring fees, fines and legal costs
• How your business can drastically reduce the scope and cost of achieving and maintaining compliance with the PCI DSS
• The SAQ’s and the associated qualification requirements, and how merchants may qualify for SAQ-A, reducing the number of compliance requirements from 205 to 14

Featured Speaker – Stewart Comrie, Director of Compliance Solutions, Paymetric

Introduction to Payment Card Processing in SAP®:  How to Optimize Payment Card Acceptance by Leveraging an SAP® Certified Solution

Increasingly, organizations that utilize SAP® are exploring electronic payment acceptance as a vital component of their financial supply chain. Electronic fees accepted via payment, credit, debit, loyalty and gift cards and eCheck offer clear advantages over manual, paper-intensive processing methods. Besides substantial labor savings, accepting payment cards can free up valuable working capital by reducing Days of Sales Outstanding (DSO) and decreasing exposure to accounts receivable risk.

Paymetric has prepared a 14-page white paper which explains why and how to implement on-demand payment processing in SAP®. This white paper will address:

• How to process payment cards in SAP®
• Verification of SAP® functionality
• Configuration tips and tricks
• Process business logic and limitations in SAP®
• Enhanced functionality

Register Here to Download:

Wednesday, October 6th, 2010

2:00 PM – 3:00 PM ET (1:00 PM – 2:00 PM CT)

Working together with colleagues in your own departments or local offices can be challenging enough. As the enterprise continues to expand coast to coast, and continent to continent it becomes increasingly difficult to join forces on projects. In today’s workplace, collaboration is king.

Although your colleagues may have different priorities and deadlines than you, it is important to collectively plan projects up-front in order to avoid inefficiencies and unnecessary time and money spent. This is especially true for assignments involving the implementation of electronic payment processing capabilities.

Without proper planning, your business is destined to encounter project-crippling challenges. There are many complexities involved in accepting electronic payments. Some of these challenges include:

• Identifying currencies that need to be authorized and settled
• Identifying the systems from which these transactions will take place
• Understanding your current treasury relationships, and identifying whether or not other entities in your company have existing relationships with payment processing organizations (acquirers)
• Identifying whether or not a particular acquirer can support your payment processing needs
• Deciding if you will accept alternative payment methods
• Understanding and properly qualifying for optimal interchange
• Adhering to a litany of security requirements

Attend this free webinar and you will learn:

• About how electronic payment transactions are processed and which entities are involved in authorizing electronic payments
• About key considerations that need to be accounted for when implementing a payment processing solution
• Which individuals must be involved in defining payment processing requirements
• About payment processing costs and how defining business requirements up from can help you lower them

Meet our Featured Speaker:

Ken Silver is the Vice President, Integrated Payment Solutions for Paymetric. Mr. Silver is responsible for optimizing ePayment acceptance programs for customers through his extensive expertise in enterprise payment processing. He is also responsible for forging technical and operational relationships with leading payment processors to ensure that Paymetric delivers the most robust and compelling solutions in the market. Mr. Silver has 18 years of leadership and executive management experience in the merchant services and payments industry. Prior to Paymetric, Mr. Silver served as Senior Vice President, Global Enterprise Integrations for Chase Paymentech Solutions where he was responsible for architecting the business processes and connectivity of large multi-channel merchants to proprietary platforms. Additionally, Mr. Silver has held executive positions with eBillme, Chase Merchant Services and First Data Merchant Services. Mr. Silver spent the early part of his career in direct merchant sales where he was the top corporate sales person at PNC Merchant Services specializing in the card-not-present merchant segment.

Please register to attend:

Wednesday, September 29th, 2010

2:00 PM – 3:00 PM ET (1:00 PM – 2:00 PM CT)

Electronic payment acceptance is a mainstay of the 21st century. Adoption of electronic payment acceptance among organizations conducting B2B commerce will continue to grow exponentially over the next decade. Companies like yours are looking to accept electronic payment methods to increase efficiencies enhance customer service, reduce the risk of extending credit, and accelerating cash flow. However, one of the most overlooked yet valuable reasons to incorporate electronic payment acceptance into your order-to-cash strategy is the ability to rapidly and easily enter new markets.

In this webinar, you will learn:

• About the advantages of credit cards as a basic payment type
• How to eliminate the risk of extending credit to customers who may not be able to fulfill their financial obligations to your company
• About ways to leverage a fully integrated electronic payment solution to quickly penetrate new channels, geographies, and markets
   

Meet our Featured Speaker:

Kathleen Nugent is the Vice President of Product Development at Paymetric. Kathleen Nugent has more than 16 years of experience managing product innovation and development focused on financial services and electronic payment solutions. Prior to joining Paymetric, she was a Senior Vice President with Bank One and was responsible for leading Product Development and Partnerships for the Global Treasury Services (GTS) organization. During her tenure with Bank One she headed Electronic Payments Product Management, and represented Treasury Services on an enterprise-wide payments strategy team. Kathleen also was the Senior Vice President of Product Management with PaySys International, and she worked for nine years as a Senior Financial Services Manager for Accenture.

Please register to attend:

Introducing Data Intercept Solutions – Tokenization Amplified

With the advent and evolution of the Payment Card Industry Data Security Standards (PCI DSS) and the ever-increasing number of data security breaches, merchants face tremendous pressure to secure cardholder data. Payment security providers have met the challenge head on with affordable new solutions like tokenization, a technology that ensures merchant’s never store cardholder data. But, what if you could take that a step further? Introducing, Data Intercept Solutions.

Now, with Data Intercept, cardholder data is “intercepted” before it ever touches your four walls. Merchants never handle the actual card number, only a “token” that can be used just like the real number. Now that’s tokenization amplified!

What’s more? If properly architected, merchants may be eligible to qualify for Self Assessment Questionnaire A (SAQ-A), which would reduce the annual PCI DSS audit from 205 questions to just 14.

In This Webcast, You Will Learn:

• How Data Intercept works in an e-commerce environment, and as a stand-alone solution.
• How merchants can protect themselves from a data security breach and eliminate the possibility of incurring fees, fines and legal costs
• How your business can drastically reduce the scope and cost of achieving and maintaining compliance with the PCI DSS
• The SAQ’s and the associated qualification requirements, and how merchants may qualify for SAQ-A, reducing the number of compliance requirements from 205 to 14

REGISTER NOW

Do you face any of these challenges?

• Managing multiple sales channels with disparate payment acceptance systems that are not integrated with your ERP system
• Finding a complete Internet sales solution that is seamlessly integrated with your SAP® system, is easy to use, and provides up-to-date and accurate information to customers purchasing from your Web store
• Facing security vulnerabilities related to storage of encrypted or non-encrypted cardholder data
• Managing time consuming and costly compliance requirements like the Payment Card Industry Data Security Standards (PCI DSS)

If you answered "yes" to any of the above, please join us to learn how you can seamlessly integrate a payment solution with your existing SAP® system, while getting the cardholder data security you need to keep your company safe. It’s no secret that non-compliance with PCI DSS and/or a cardholder breach can bring a company to its knees. Paymetric and itelligence, two SAP®-award winning partners, have teamed up to deliver the most comprehensive set of integrated and secure payment processing solutions available today.

What you will learn at the 2010 SAP® Payments Summit:

• Cost-savings and risk mitigating benefits of On-Demand integrated and secure payment processing for SAP®
• How tokenization, a technology identified as a payment security best practices by industry analysts, can seriously protect your cardholder data
• What an Internet sales solution is and how it works
• How you can eliminate the need for manual processes, back-end coordination, external databases, new software or hardware and maintenance

Speakers:

• Tony Brown, Channel Development Manager, itelligence
• Eric Bushman, Vice President Solutions Engineering, Paymetric

Electronic payment acceptance is a mainstay of the 21st century. Even B2B companies that traditionally have extended payment terms to their customers and used paper-based invoicing methods now look to leverage electronic payments as a way to accelerate time to cash, offer their clients expanded payment options and open new channels of revenue. Adoption of electronic payment acceptance among organizations conducting B2B commerce will continue to grow exponentially over the next decade – and so will the responsibility and risk associated with it.

Thieves have become increasingly interested in getting their hands on sensitive information, such as cardholder data, because they can sell it for a hefty price tag. Over the past decade the number of data security breaches has grown and identity theft and fraud have become more and more prevalent. It is for that reason that regulatory bodies, including federal and state governments, have paid increased attention to mandating sound data security practices. Organizations that accept electronic payments are ultimately responsible for protecting their customers’sensitive information from landing in the bad guys’ hands.

In this white paper, you will learn about:

• The challenges of PCI Requirement 3
• The Mandate:  Keep cardholder data storage to a minimum
• A new approach to securing cardholder data for heterogeneous SAP environments
• The benefits of tokenizing cardholder data

register to download

Introduction to Payment Card Processing in SAP®:  How to Optimize Payment Card Acceptance by Leveraging an SAP® Certified Solution

Increasingly, organizations that utilize SAP® are exploring electronic payment acceptance as a vital component of their financial supply chain. Electronic fees accepted via payment, credit, debit, loyalty and gift cards and eCheck offer clear advantages over manual, paper-intensive processing methods. Besides substantial labor savings, accepting payment cards can free up valuable working capital by reducing Days of Sales Outstanding (DSO) and decreasing exposure to accounts receivable risk.

Paymetric has prepared a 14-page white paper which explains why and how to implement on-demand payment processing in SAP®. This white paper will address:

• How to process payment cards in SAP®
• Verification of SAP® functionality
• Configuration tips and tricks
• Process business logic and limitations in SAP®
• Enhanced functionality

Register Here to Download:

With Rising Interest in Tokenization, Atlanta-based Company Finishes Another Record Quarter

ATLANTA – August 23, 2010 – Paymetric Inc., the leading provider of integrated and secure enterprise payment acceptance solutions, today announced the second quarter of 2010 was another period of record sales for the company. During the months of April, May and June, Paymetric experienced 150 percent growth in the number of signed customer agreements year over year and a 110 percent growth in monthly recurring revenue (MRR) over Q2 2009.

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ABOUT PAYMETRIC
Paymetric, Inc. is the leading provider of integrated and secure enterprise payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric’s solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is recognized as an industry leader and is a three-time award-winning SAP certified partner. For additional information visit www.paymetric.com, follow us on twitter at twitter.com/Paymetric or visit our Facebook page at www.Facebook.com/Paymetric.