VendTek Systems Inc., a leading provider of software for prepaid service distribution, is pleased to announce the Company has established its Now Prepay network in the United States by signing an agreement with The Brennes-Jones Group Inc., an Independent Sales Organization that provides payment processing throughout the United States and Puerto Rico.
The Brennes-Jones Group (BJG) is a Dallas-based employee-owned ISO with Moneris Solutions/Harris Bank in Chicago as its bank sponsor. It also has several front-end and back-end processor relationships with Alliance Data Systems, NOVA Information Systems, Vital Processing Services and Global Payment Systems. The company processes for merchants across 38 states and had sales in excess of $300 million as of 2003.
BJG offers bankcard, T&E, debit, EBT, Pcard and electronic gift and loyalty card processing and check guarantee and authorization. It also offers terminals, wireless communications, IPOS, PC and Internet-based solutions.
The company focuses on selling these services to medium- to large-sized merchants that are mostly in the retail, petroleum, grocery and hospitality industries. BJG has several key POS VAR relationships which provide an even broader customer base. The majority of its merchants are located in the western states-with the heaviest concentration in Texas and California.
Rick Brennes, President of The Brennes-Jones Group said “We selected Now Prepay as a prepaid partner because of their flexibility and quick responsiveness in bringing new products to the market. Each geographic region has differing product demands and Now Prepay always seems to make them available in a timely manner. Their support meets our expectations.”
“We are beginning our expansion into the United States market. The Brennes-Jones Group is a tremendous company for VendTek to launch the Now Prepay network through based on their relationships and merchant processing capabilities.” Said Doug Buchanan, President of VendTek Systems Inc.
About VendTek and Now Prepay (http://www.vendteksys.com / http://www.nowprepay.com)
VendTek develops and licenses automated transaction system software and supporting technologies that improve the efficiency of product delivery, reduce costs to clients and offer superior safety measures. VendTek’s customers and its subsidiaries, Now Prepay Corp. (in Canada) and VendTek Systems Technologies (in China), are using e-Fresh(TM) software to build electronic, prepaid services networks, which enable consumers to purchase prepaid services via POS and self-serve terminals connected to a central e-Fresh(TM) server. This system creates significant value through improved efficiencies compared to the traditional distribution paradigm. e-Fresh(TM) reduces shrinkage and inventory requirements while improving consumer access to prepaid services by completely eliminating physical cards and vouchers. For further information please visit the Company’s websites http://www.vendteksys.com and http://www.nowprepay.com.