Skyline's DirectFED Payment Solutions Announces Partnership with EZCheck®

LOS ANGELES, July 29 /PRNewswire/ -- Skyline's DirectFED Payment Solutions, one of the first business-centric processor performing Remote Deposit Capture (RDC) for businesses has teamed up with EZCheck, an information and payment services company. EZCheck will use Skyline's DirectFED as a Check 21 solution for their clients and will give EZCheck the ability to do RDC with guarantee.

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"This is an important partnership in the electronic payments industry since it strengthens Skyline's DirectFED's and EZCheck's offerings," stated Shai Z. Stern, Co-Chairman of Skyline's DirectFED Payment Solutions. "This partnership will help enhance our financial products and services, our customer experience, and our customer acquisition and retention."

While EZCheck also provides electronic check conversion, RDC and the Fed's Automated Clearing House (ACH), by partnering with Skyline's DirectFED, EZCheck will be able to provide clients with a Check 21 solution that includes check guarantee. This allows other organizations to provide real-time authorization at the point of sale while incorporating Check21 services instead of paper checks or using the ACH.

"Skylines DirectFED offers Check 21 software that supports our dedication to maximizing customers' efficiency and helping improve their bottom line," said Don Singer, senior vice president of EZCheck. "We had several candidates to choose from but selected Skyline's DirectFED from a host of competitors due to its extremely customizable and flexible features, as well as its easy and fast installation, that no one else was able to provide."

Skyline's DirectFED Payment Solutions also introduced the company's proprietary e-check transaction processor engine, CheckAlt™ earlier this year, which put them on the map for their RDC software. CheckAlt allows merchants to send invoices and review payment reports at the click of a mouse, making CheckAlt a premier payment solution in the business-to-business online transaction-processing arena.

Another addition to Skyline's DirectFED's suite of payment solutions is the recently announced DirectFED Mobile™ powered by Mitek Systems Inc. This new product offering provides a fast, secure and most-importantly easy form of depositing checks in the bank by simply taking a photo of the check with an iPhone™, BlackBerry™ or other smartphone device.

Having processed more than 8.5 million checks totaling more than $7.1 billion in transactions, Skyline's DirectFED Payment Solutions is the fastest growing payment-processing company today.

To learn more about CheckAlt or to enroll please visit www.checkalt.com.

About Skyline's DirectFED Payment Solutions

Founded in 2004, Skyline's DirectFED Payment Solutions is the first business-centric processor performing Remote Deposit Capture for a wide range of companies and organizations. Skyline's DirectFED was created to take advantage of the benefits created by Congress passing The Check Clearing for the 21st Century Act ("Check 21"). Our goals for our customers are to optimize float to their advantage, reduce bank fees and provide significant back-office savings by using the new laws and technology to their advantage. Our patented suite of products provides unique solutions for businesses that range from multinationals to small enterprises, not-for-profits, municipalities and all types of financial institutions. For more information on Skyline's DirectFED, visit http://www.directfed.com.

About EZCheck
 
EZCheck is a leading information and payment services company serving thousands of businesses nationwide in a wide variety of industries. As one of the initial pioneers in electronic check conversion at the retail point-of-sale, EZCheck has leveraged its advanced technology and systems to expand its product line into adjacent markets including remote deposit capture, ACH processing, recurring payments and checks by phone services. In addition, EZCheck provides a complete line of check guarantee, check verification and collection services to the business community and is ranked among the top providers of check services in the country. EZCheck is dedicated to providing unsurpassed value and service to its customers. The company markets through a national network of independent sales organizations and supports operations from its headquarters in Houston, TX. For more information, please visit EZCheck's web site at www.ezchk.com.

SOURCE Skyline's DirectFED Payment Solutions