NEW YORK--(BUSINESS WIRE)--Acies Corporation (OTCBB:ACIE), a financial services company that
specializes in providing payment processing and online banking services
to small, medium and large-size merchants across the United States,
today unveiled six new innovative marketing and incentive campaigns
designed to promote Acies’ payment processing
services in time for the 2006 holiday shopping season.
Effective immediately, Acies will offer to merchants directly and
through its national network of Independent Sales Organizations and
Independent Sales Agents the following promotions:
“ABC (Acies Best in
Contactless) Program”–
retailers will receive free placement of industry leading point of
sale equipment, including a Verifone Omni 3750 Terminal with ViVOtech
4000 Reader capable of accepting MasterCard, PayPass, Visa
Contactless, Discover Contactless and Amex Express Pay. In addition,
chargeback protection of up to $50.00 per transaction, with no receipt
or signature required, will also be provided. Program runs through
December 15, 2006.
“Get Paid to Upgrade to
Acies” Program–
business owners will receive up to $1,000 to upgrade their credit card
acceptance services to Acies’
state-of-the-art credit card processing platform. Program runs through
December 31, 2006.
“Flat Fee Processing”
Program – tailored toward small and
seasonal retailers, qualifying merchants are charged a monthly flat
fee of $25.00 for Visa and MasterCard acceptance, instead of the
standard discount rate. Program runs through December 31, 2006.
“Free Processing”
Program– qualifying merchants will
receive free processing for the first month of service with Acies –
no statement fees, no transaction fees and no discount fees. Program
runs through December 31, 2006.
“Free Wireless”
Program – retailers who agree to
sign a one-year Sprint Fair & Flexible Plan ($39.99 per
month commitment) will receive a free state-of-the-art
Microsoft-enabled, Sprint PCS Treo 700WX wireless device ($700
value) with an ability to process credit card transactions. Program
runs through December 31, 2006.
“Holiday Gift”
Program – Through December 31,
2006, Acies will provide a free Motorola RAZR v3m ($289 value)
to all merchants and agents who elect to sign up for a one-year Sprint
Fair & Flexible Plan ($29.99 per month commitment).
“We are very proud to be the first company in
the financial services industry to offer these types of clever,
incentive-driven programs for agents and retailers, helping to further
differentiate Acies as a highly innovative, forward-thinking provider of
advanced payment processing solutions. We’re
hoping for a strong response to these exciting marketing initiatives and
look forward to a very busy and productive holiday season,”
stated Oleg Firer, Chairman, CEO and President of Acies Corp.
About Acies Corporation (pronounced “ay-see-us”)
Headquartered in New York City, Acies Corporation is a financial
services company that, through its wholly owned subsidiary, Acies, Inc.,
specializes in providing payment processing and online banking services
to small, medium, and large-size merchants across the United States.
Acies' payment processing services enable merchants to process Credit,
Debit, Electronic Benefit Transfer (EBT), Check Conversion, and Gift &
Loyalty transactions. Acies also offers traditional and next-generation
point-of-sale (POS) terminals, which enable merchants to utilize Acies'
payment processing services. Acies' banking services offer customers
traditional banking services and the ability for customers to apply for
an online bank account and pay bills electronically. For more
information, visit http://www.aciesinc.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains or may contain
forward-looking statements such as statements regarding the Company's
growth and profitability, growth strategy, liquidity and access to
public markets, operating expense reduction, and trends in the industry
in which the Company operates. The forward-looking statements contained
in this press release are also subject to other risks and uncertainties,
including those more fully described in the Company's filings with the
Securities and Exchange Commission, including the risk factors in its
form 10-KSB for the year ended March 31, 2006. The Company assumes no
obligation to update these forward-looking statements to reflect actual
results, changes in risks, uncertainties or assumptions underlying or
affecting such statements, or for prospective events that may have a
retroactive effect.
