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Press Releases

Paymetric™ Announces International Version of XiPay™ Web Interface


XiPay™ customers to gain online access to extensive transactional data

Houston, May 19, 2005 –Paymetric, Inc., the leading provider of SAP-integrated payment card solutions, announces the pending release of an international version of the web interface to its XiPay™ card acceptance solution. The web interface is in final stages of testing and is scheduled for general availability in late summer 2005.

XiPay™ seamlessly integrates payment card transactions across large corporate suppliers’ SAP enterprises and optimizes transaction processing with financial institutions. An intelligent transaction processing engine, modular enterprise integration and banking connections which enable processing through virtually any financial institution make XiPay™ the ideal solution for extending payment card functionality.

With the new graphic user interface (GUI), XiPay™ customers will gain functionality beyond the straight-through processing provided by XiPay, including:

  • International support for multiple currencies

  • Secure web access to review complete records of transaction activity for research and reconciliation
  • Password-protected functionality to initiate or correct Level III data transactions
  • Advanced cross-criteria searching and filtering
  • Enhanced role and permission-based security model integrated into NT security


Paymetric utilized multiple Microsoft® solutions and resources in the development of the XiPay™ GUI, including Microsoft® Visual Studio® .NET Enterprise Architect Edition as its primary development tool, Microsoft® Office Developer Edition, the Microsoft® Windows® Software Development Kit (SDK), and the Microsoft® Developer Network (MSDN) Library.

The web interface for XiPay™ can be accessed via the Microsoft® Internet Explorer browser, versions 6.0 and higher.


About Paymetric, Inc.

Paymetric, Inc. provides financial supply automation solutions for credit card and payment card transactions, enabling organizations to integrate buying and selling functions into their ERP-enabled business operations. For businesses accepting cards, Paymetric seamlessly integrates card transactions across the enterprise and through financial institutions to enhance cash flow, reduce days outstanding and increase compliance with processors. For organizations with purchasing card programs, Paymetric integrates card activity into the procure-to-pay process for greater expense control, increased financial visibility, and consolidated procurement records. An Austin Ventures portfolio company, Paymetric is an award-winning SAP partner and a certified SAP developer. Additional information can be found on the company’s web site, www.paymetric.com.

Contact
Wayne Wilson, (713) 895-2007, wwilson@paymetric.com

Paymetric, XiPay™ and Paymetric Solutions are either registered trademarks, service marks or trademarks of Paymetric, Inc. SAP is a registered trademark of SAP AG. Microsoft and Visual Studio are registered trademarks of Microsoft Corporation. All other trademarks appearing in this document are the property of their respective owners.


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