Softgate Systems and CheckAlt partner to deliver streamlined check processing to Softgate's agent network

FAIRFIELD, N.J., Jan. 10, 2013 /PRNewswire/ -- Softgate Systems, a leading provider of retail bill payment solutions, today announced that CheckAlt, a key provider of check 21/remote deposit and e-check processing in the US, will provide remote deposit capture and check processing for Softgate's network of retail locations.  Softgate Systems provides retail payment services at over 21,000 locations in the US.

"CheckAlt's industry knowledge and the ability to seamlessly integrate with our technology drove our decision to use CheckAlt to support our retail bill payment business.  Their robust capabilities will enable us to streamline the management of this aspect of our retail solution," said Gary Williams, EVP Operations, Softgate Systems.

"Softgate Systems is a recognized leader in providing retail payment services for businesses that serve the underbanked market and we are excited about supporting their agent network with a best-in-class check processing solution," commented Shai Stern, CEO and Co-Chairman, CheckAlt.

About Softgate Systems

Softgate Systems, Inc., through its Retail Payments Exchange platform, provides an open electronic exchange connecting product and service providers to the cash-preferred consumer base. Operating through one of the largest networks of independent retail-based payment centers in the U.S., Softgate Systems provides reliable walk-in bill payment, domestic and international prepaid wireless, prepaid long distance, gift cards, international top-ups and international bill payments through their PayXchange service. Softgate Systems, formerly known as IPP of America, was established in 1993. Today, Softgate Systems connects world class service providers and consumers through its over 21,000 retail locations throughout the U.S - over half of which operate as PayXchange payment centers. For more information, visit http://www.softgatesystems.com and www.payXchange.net.

About CheckAlt

CheckAlt is a check 21 application business providing RDC, mobile payments  and eCheck transaction processing, meeting the exacting needs of businesses and financial institutions. CheckAlt is a NAFCU Preferred Partner offering a suite of Check 21/RDC applications to credit unions. CheckAlt's clients include banks, credit unions, check cashers (money service businesses), insurance companies, municipalities, utilities, small and medium-sized enterprises.

SOURCE CheckAlt




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