News Items
For over seven years, clients representing over $260 billion in credit card revenue have trusted PE Systems to help them lower their credit card processing fees. As the experts in the industry, our business model is unique in that we work directly as an advocate for merchants, rather than for the bank or the merchant processor.
New Patent issued to PE Systems Corp by the U.S. Patent Office
FOR IMMEDIATE RELEASE:
Contact:
Profit Enhancement Systems, LLC
Kathleen Sullivan
509.755.0621 (Main office)
509.755.0623 (fax)
KSullivan@pesystemscorp.com
http://www.PESystemsCorp.com/
New Patent issued to PE Systems Corp by the U.S. Patent Office
Spokane, WA, October 15, 2009 –– PE Systems Corp, continuing to build its intellectual property and leadership role in the field of merchant credit card savings, today announced that the Company recently received an issue notice from the U.S. Patent Office. PE Systems’ patent application entitled “Altering Card-Issuer Interchange Categories”, has now been issued as U.S. Patent 7603312. The patent relates to the company’s technology for identifying and monitoring potential areas of cost savings for merchants and specifically deals with card association interchange fees.
Thomas Parrish, CEO of PE Systems Corp, said “This patent represents what is at the heart of what we do: helping get our clients to the lowest cost possible for credit card processing.”
“PE Systems focuses on saving merchants money and our technology is the underlying tool that forms the basis of that value to our clients”, says Jim Richards, Chief Technology Officer for the company. “This patent recognizes the novel way that we support our clients by continually monitoring their fees to understand potential areas of savings and in evaluating changes to insure that they are indeed paying the lowest cost possible.”
Bob Skattum, Vice President responsible for Operations, emphasized, “Due to the constantly changing rules and regulations, the payment card processing industry is both convoluted and confusing. The fee structure that determines what each merchant should pay is fluid and because of this, we continue to refine our patented and proprietary systems. We are the only company that has technology coupled with an in-depth knowledge of this industry, which includes not only where you should be with each card payment transaction, but also how to get you there.” He follows on to say that “Our background and industry knowledge has uncovered overpayments for our clients 96% of the time, regardless of size or merchant type. In addition we do all of this without affecting existing banking/processing relationships. Our goal is not to change who you are processing with, our goal is simply to insure you pay the lowest total cost possible to accept credit and debit cards as a form of payment.”
Contact:
Profit Enhancement Systems, LLC
Kathleen Sullivan
509.755.0621 (Main office)
509.755.0623 (fax)
KSullivan@pesystemscorp.com
http://www.PESystemsCorp.com/
New Patent issued to PE Systems Corp by the U.S. Patent Office
Spokane, WA, October 15, 2009 –– PE Systems Corp, continuing to build its intellectual property and leadership role in the field of merchant credit card savings, today announced that the Company recently received an issue notice from the U.S. Patent Office. PE Systems’ patent application entitled “Altering Card-Issuer Interchange Categories”, has now been issued as U.S. Patent 7603312. The patent relates to the company’s technology for identifying and monitoring potential areas of cost savings for merchants and specifically deals with card association interchange fees.
Thomas Parrish, CEO of PE Systems Corp, said “This patent represents what is at the heart of what we do: helping get our clients to the lowest cost possible for credit card processing.”
“PE Systems focuses on saving merchants money and our technology is the underlying tool that forms the basis of that value to our clients”, says Jim Richards, Chief Technology Officer for the company. “This patent recognizes the novel way that we support our clients by continually monitoring their fees to understand potential areas of savings and in evaluating changes to insure that they are indeed paying the lowest cost possible.”
Bob Skattum, Vice President responsible for Operations, emphasized, “Due to the constantly changing rules and regulations, the payment card processing industry is both convoluted and confusing. The fee structure that determines what each merchant should pay is fluid and because of this, we continue to refine our patented and proprietary systems. We are the only company that has technology coupled with an in-depth knowledge of this industry, which includes not only where you should be with each card payment transaction, but also how to get you there.” He follows on to say that “Our background and industry knowledge has uncovered overpayments for our clients 96% of the time, regardless of size or merchant type. In addition we do all of this without affecting existing banking/processing relationships. Our goal is not to change who you are processing with, our goal is simply to insure you pay the lowest total cost possible to accept credit and debit cards as a form of payment.”
VISA deems PE Systems PCI Complaint
PE Systems is formally PCI compliant. In a communication dated September 4th, 2009 VISA notified PE Systems that the PE Systems PCI Report on Compliance (ROC) had been accepted.
This communication stated that VISA acknowledges that PE Systems is PCI compliant based upon the review and assessment performed by Trustwave. This relates to PE Systems policies, procedures, development practices and software.
PE Systems is now included in the VISA Global List of PCI DSS Validated Service Providers which can be found by clicking here.
More information can be seen by clicking here. The quick link on the right of that page is termed Global List of PCI DSS Validated Service Providers and references the link to the list of providers given above.
The Trustwave link on the PE Systems Home page can be used to validate that PE Systems is PCI compliant.
This communication stated that VISA acknowledges that PE Systems is PCI compliant based upon the review and assessment performed by Trustwave. This relates to PE Systems policies, procedures, development practices and software.
PE Systems is now included in the VISA Global List of PCI DSS Validated Service Providers which can be found by clicking here.
More information can be seen by clicking here. The quick link on the right of that page is termed Global List of PCI DSS Validated Service Providers and references the link to the list of providers given above.
The Trustwave link on the PE Systems Home page can be used to validate that PE Systems is PCI compliant.
We were highly impressed with their level of industry knowledge, and their dedication to their mission of uncovering savings for their clients.
Seattle Seahawks
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Seattle Seahawks
Seattle Seahawks
11220 NE 53rd Street
Kirkland, WA 98033-9904
To Whom It May Concern:
The Seattle Seahawks engaged the services of PE Systems to analyze our processing systems and make recommendations regarding saving money on the fees we had been paying. We were highly impressed with their level of industry knowledge, and their dedication to their mission of uncovering savings for their clients. They provided us with solid knowledge and their consulting proved to be very effective in our recent negotiations in connection with bank card fees, thus resulting in substantial cost savings.
We would definitely recommend them for any company looking in to the possibility of paying less for credit card processing.
Sincerely,
Karen Harrison
Controller
