IVI Checkmate Corp. announced a volume purchase agreement to sell 10,000 eN-Check 3000 check readers to TASQ Technology Inc. of Rocklin, CA. Founded in 1994, TASQ Technology has grown to be the leading outsource provider of e-commerce enabling technology and services for the payment processing industry. TASQ Technology, consisting of 420 employees, supports the latest advancements in credit, debit, ATM, check, Internet and smart card technology. The company is a leading technology and service provider for bank and non-bank institutions, reaching in excess of 1 million merchants nationwide.
IVI Checkmate ‘s eN-Check 3000 is the only dial-based check reader on the market, which is used for check verification, check guarantee and electronic check conversion. TASQ will re-market the eN-Check 3000 to its customer base for resale to retailers and service providers who accept checks.
TASQ Chairman, Ron Chaisson, stated, “The eN-Check 3000 positions our customers to sell a robust and versatile product that can sit beside an existing EFT POS terminal. Our resellers provide service to many retailers that need the check acceptance protection provided by the eN-Check 3000. Additionally, the product positions our resellers to implement electronic check conversion into thousands of retail store locations nationwide, which will further reduce the cost of check acceptance and speed customer checkout service.”
Barry Thomson, President and CEO of IVI Checkmate, stated, “The agreement with TASQ further enhances our position as a leader in point-of-service payment technology. TASQ Technology is a leading distributor of point-of-sale payment technology and service to the merchant bankcard industry. Their commitment to the eN-Check 3000 speaks very well of the product and IVI Checkmate.”
About TASQ Technology
Founded in 1994, TASQ Technology Inc. has grown to be the leading outsource provider of e-commerce enabling technology and services for payment processors. TASQ Technology enables e-commerce with 21st century services, including the latest advancements for credit, debit, ATM, Internet, and smart card technology. TASQ provides services to financial institutions reaching more than 1 million merchants throughout the country and handling thousands of deployments every day with unsurpassed accuracy.