Payments processing leader gears up for expansion and growth

Roseville, CA, January 22, 2013 — Payments processing provider Intrix Technology, Inc. (Intrix) announced that it has retained PayEx LLC, a prominent payments industry consulting group, to assist the company in developing its acquisition strategy and to provide advisory services in connection with potential transactions.

PayEx will work with the Intrix to identify and negotiate one or more strategic acquisitions over the next twelve months. PayEx will assist with developing an acquisition strategy, identifying and evaluating strategic opportunities, collecting and analyzing information regarding potential target companies, determining the valuation of potential target companies and executing contracts for this external growth strategy.

“With a world class gateway solution and substantial capitalization, Intrix has spent the last year establishing additional infrastructure to support a growth strategy through acquisitions and organic initiatives,” said Jeff Connors, Chairman and CEO of Intrix. “We look forward to working with PayEx to evaluate and pursue such opportunities.”

PayEx specializes in working with Banks, ISOs, Processors, Card Associations, Investment Firms and merchants to evaluate current situations, offer realistic strategies and implement successful solutions.  PayEx partners have more than 100 years combined experience in all areas of the acquiring payments industry.

Scott Kimsey, managing partner of PayEx LLC, commented, “PayEx is excited for the opportunity to work with Intrix and looks forward to assisting the company in evaluating acquisition opportunities across a broad-segment of the payments marketplace with a particular focus based on portfolio size, merchant verticals and distribution channels.”

About PayEx LLC
PayEx is a consortium of experts from the payments industry with the knowledge and experience to give you the tools you need to elevate your business to the next level. PayEx members have been involved in the planning and execution of some of the most dynamic, industry changing events over the past 20 years. Members have worked in all areas of the acquiring payments industry and combine real world experience with a track record of proven success. With more than 100 years combined experience in the payments industry, the company delivers senior management expertise and direction to a client’s management team in a partnership approach. PayEx delivers actionable solutions that produce dynamic and enduring economic results.  www.payexllc.com.

About Intrix Technology, Inc.
Intrix Technology, Inc. provides payment processing software solutions and services for processors, agents, ISO’s, enterprises and retailers. The company’s offerings include the Intrix
Payment Gateway, a software-as-a-service solution for processing payments and storing sensitive payment data, and the Intrix Electronic Bill/Invoice Presentment and Payment, a Web-based billing and payment processing system.  www.intrix.com.

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Media Contacts:
Carol Felton
InsightCircle PR
T: 408.807.3780
carol.felton@insightcirclepr.com

Roseville, CA, January 8, 2013 — Intrix Technology, Inc. (Intrix), a leading payment processor, today announced that Phillip Head, former head of sales for Accelerated Payment Technologies, has joined the company as Senior Vice President.  Head will be responsible for developing, managing and executing Intrix’ worldwide sales strategy, building Intrix’ VAR channel as well as creating a Telemarketing Group.
Head has more than 16 years of sales and marketing experience in the payments processing industry.  Head led a 40-person sales team at Accelerated, a provider of integrated payment solutions for small and medium sized businesses which was recently acquired by Global Payments for more than $400 million. During his two and a half years with the company, sales increased by more than 48 percent.  Prior to Accelerated, Head was responsible for sales for First Funds, a cash advance company.  Earlier, he led the Call Center operations for EMS (Electronic Merchant Systems) for four years where he drove new account acquisitions from less than 800 to more than 6,200.  He previously also served as department head for Call Center operations for Office Max.

“Phillip joins us at an opportune time, when the market is looking for safe and reliable ways to handle growing payment processing needs,” said Jeffrey Connors, chairman and CEO of Intrix. “The respect and reputation he carries in the industry, combined with his market expertise and proven track record, will help us drive adoption of Intrix’ products.”

Head holds a degree from St. Augustine College in Raleigh, North Carolina.  He will be based in the company’s Boulder, CO office.

About Intrix Technology, Inc.
Intrix Technology, Inc. provides payment processing software solutions and services for processors, agents, ISO’s, enterprises and retailers. The company’s offerings include the Intrix Payment Gateway, a software-as-a-service solution for processing payments and storing sensitive payment data, and the Intrix Electronic Bill/Invoice Presentment and Payment, a Web-based billing and payment processing system.  www.intrix.com.

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Media Contacts:

Carol Felton
InsightCircle PR
T: 408.807.3780
carol.felton@insightcirclepr.com

Roseville, CA April 2, 2012 – Intrix Technology, Inc. (Intrix), a full service payments provider in the electronic payment processing marketplace, today announced that it has released Invoice Creator. The new module allows merchants to create and manage invoices from a virtual location. Merchants can create merchant profiles, payment profiles and invoice templates to bill their customers via e-mail. Their customers can respond to the electronic invoice by pressing the “Pay Now” button and paying by credit card or ACH.

Since Invoice Creator is integrated with the Intrix payment gateway’s rich feature set, merchants have the ability to take advantage of the complete card present and card not present offering including support for Purchase Cards Level II, ACH processing and fraud filtering for Address Verification and/or Card Verification.

The Invoice Creator supports both one time and recurring invoices along with the ability to reconcile invoices against payments received. The product can be completely white labeled and sold through both direct and indirect sales channels.

Jeff Connors, CEO at Intrix said, “The Invoice Creator product is a true differentiator for companies selling into the SMB (Small & Medium Business) markets. Allowing these types of businesses to have the capability of managing their Accounts Receivables without a large investment of money and time in a fully loaded accounting system is invaluable”.

About Intrix Technology Inc.

Intrix is a full service payments company offering both technology and merchant services. Intrix technology offerings include: (1) the Intrix Payment Gateway – a solution for processing payments and storing sensitive payment data with add-ons including the Quick Books Accounting Plug-in, Web Services APIs (PHP, Java, iFrame, .NET), Virtual Terminal with Purchase Card support for Level II and Level III and much more. Learn about us at www.intrix.com.

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Media Contacts:

Mark Passifione, Intrix

916.577.1315, Ext.3103

mpassifione@intrix.com

Roseville, CA – July 30, 2012—Intrix Technology, Inc. (Intrix), a provider of integrated payment processing solutions and services for processors, agents, ISO’s, enterprises and retailers, today announced it has added a Recurring Payments module to its payment gateway platform.  The new module supports subscription, membership and “card on file” functionality.

The Recurring Payments module is designed for merchants who bill for subscriptions or memberships as well as for those choosing to store a “card on file” for existing customers. The new module supports any combination of rate plans and subscription periods. The remote storage of card sensitive data facilitates PCI compliance.

Merchants using the Recurring Payments module can manage the billing database by establishing customer payment profiles. The payment profiles can be billed weekly, bimonthly, monthly, quarterly or annually. In addition, payment profiles can be billed on a user defined subscription basis.

The Intrix Payment Gateway is a software-as-a-service solution for processing payments and storing sensitive payment data. Its rich feature set offers merchants the ability to take advantage of the complete card present and card not present offering including support for Purchase Cards Level II and Level III, ACH processing and fraud filtering for Address Verification and/or Card Verification. The payment gateway connects to all major processors, including Chase Paymentech, TSYS, First Data, RBS WorldPay and Global Payments.

“The Recurring payments module was needed by many of our customers,” said Jeff Connors, CEO at Intrix.  “We’re excited to provide them with functionality that can be managed through both the Virtual Terminal and Web Services API”.

Roseville, CA – July 17, 2012 – Intrix Technology, Inc. (Intrix), a provider of integrated payment processing solutions and services for processors, agents, ISO’s, enterprises and retailers, has introduced an advanced QuickBooks Plug-in that integrates directly with its payment gateway platform. With the QuickBooks Plug-in, users will be able to take payments during specific events including Sales Orders, Invoices, Receive Payments, Sales Receipts and Credit Card Refunds.

The Intrix payment gateway’s rich feature set offers merchants the ability to take advantage of the complete card present and card not present offering including support for Purchase Cards Level II, ACH processing and fraud filtering for Address Verification and/or Card Verification.

The advanced QuickBooks Plug-in supports the following:

The payment gateway is a fully certified Service Level 1 offering under the guidelines established by the PCI Standards Council. The QuickBooks Plug-in has gone through the Technical Review certification process instituted by the Intuit Development Community.

“We are extremely excited about the integration with Quick Books and our ability to offer this product to both merchants and sales channels looking for ways to augment their sales channel,” said Jeff Connors, CEO at Intrix. “The plug-in can be white-labeled and is completely certified by the Intuit Development Community.”

Roseville, CA July 21, 2011 — Intrix Technology, Inc. (Intrix), a highly
capitalized technology provider in the electronic payment processing marketplace,
announced today that it has acquired all of the assets of Epic Processing, Ltd., a
Colorado based provider of transaction processing services to over 2000
merchant clients.
Jeff Connors, Chairman and CEO at Intrix said, “We are pleased to announce our
first acquisition in the payment arena and the overall expansion of the product set
that Intrix offers its clients.” Connors added, “Strategically, customers require the
availability of a broader product set and prefer to see that offering within its
existing suppliers. The synergies between the two companies are immediate and
we are confident that Epic’s management team will complement ours in further
building a customer focused company in the payments sector.”
As a result of the merger, Epic’s current CEO and co-founder, Ryan O’Connor will
become the President of Intrix’s new merchant acquiring division, Intrix Payment
Solutions and co-founder Stephanie O’Connor will continue as Vice President of
Business Development for Intrix Payment Solutions.
“We are very excited about partnering with Intrix to deliver a more robust and
comprehensive offering to our customers. Our goals of growing a company
through strategic acquisitions and organic growth are aligned, and we look forward
to a long-term partnership with Intrix,” said Ryan O’Connor, President of Epic
Processing.”

Roughly 80 percent of all business invoices are generated manually, according to Intrix Technology Inc. Building upon 20-years’ experience as an integration consultant to merchants with a range of distinct needs, and as a payment gateway provider with strong automated clearing house (ACH) and Level III data capabilities, Intrix hopes to create a new trend with Electronic Bill/Invoice Presentment & Payment, an automated bill payment tool for larger businesses.

“We introduced it at ETA 2010,” said Jeff Connors, Chief Executive Officer at Intrix. “I think we did about 10 demos, and everyone wanted to sign up for it. We then went out and did some more customization for various groups. We’re not trying to be the biggest gateway. We’re much more focused on the specialty markets.” Target markets include the legal, dental, medical, insurance, manufacturing, distribution, association and service-based sectors.

According to Connors, two industries that required customization were health care and legal, where disputed payments and unique billing standards had to be addressed. “The legal industry has its own standards for bill presentment,” Connors noted. “We made some modifications specific to that industry.”

In health care, he said, an allowance was needed for patients to make payments on undisputed amounts, with disputed balances paid separately upon resolution.

Fewer touch points, faster payments

Mike Passifone, an Account Executive with Intrix, claimed that virtually all of the touch points involved with manual billing can be eliminated through automation. Instead of printing and mailing invoices manually, invoices are sent electronically. He added that, while EBIPP works for most any merchant, it begins to generate revenue for businesses that average at least 1,000 invoices per month.

The plug-and-play, software-as-a-service product allows merchants to upload invoices directly to EBIPP using their existing accounting software. Once uploaded, email notification is sent to billing recipients. “[They] actually get an email that shows them that they have a bill ready to be paid,” Passifone said. “They can click on it, view the bill, and create an ACH or credit card payment right then and there.”

For ISOs, automated billing not only represents an opportunity for portfolio expansion, but “from a merchant viewpoint or from an ISO viewpoint, people can pay their bills through a card or an ACH, which increases volume to the ISO,” Connors added.

Features of Intrix Electronic Bill/Invoice Presentment & Payment include:

• Drives electronic payment volume in B2B and B2C environments
• Submits invoices and accepts payments electronically
• Integrates with existing accounting systems
• Reduces accounts receivable management expenses
• Leverages ISO branding and revenue opportunities

Flexible and tailored for branding

In addressing payment security and convenience, Passifone said, “The Intrix bill presentment and gateway work with a tokenization scheme, so they can use a token to actually apply a payment toward that same payment profile. They wouldn’t have to come back in and establish or type in a card again.

“That’s all set up upfront. They can also set up a payment profile where they can register on the site and have one setup as well.” EBIPP is equipped to handle recurring payments, he added.

“Being a technology company that offers a gateway, we’ve seen customers with lots of problems who are looking to figure out how to avoid the issues of PCI, etc.,” Connors said. “When we built the bill pay, we made it flexible, almost menu-like, so that a lot of people will do things differently from one another, and we try to say, check this need, and bingo, they’re off to the races.”

The system can also be branded. “I can make it look like the ISO’s web portal, or I can make it look like the individual merchant’s as well,” Passifone said. “Even though it’s being hosted by us, the actual customer would have no idea that it’s an Intrix website.”

Businesses using the EBIPP platform can generate discounts, promotional offers and marketing campaigns to increase visibility, Passifone added.

Media Contacts:
Mark Passifione, Intrix
916.577.1315, Ext.3103
mpassifione@intrix.com

Roseville, CA June 1, 2011 – Intrix Technology, Inc. (Intrix), a technology provider in the electronic payment processing marketplace offering payment gateway services to Independent Sales Organizations, today announced that it has completed the certification of their payment gateway with the First Data Nashville platform. The First Data Nashville Platform handles authorization and settlement for bankcard processing, via host capture for point of sale and ecommerce. The Nashville Platform provides transaction processing for ecommerce, kiosk and retail locations.

The payment gateway’s rich feature set will offer merchants the ability to take advantage of the complete Card Present and Card Not Present offering including support for Purchase Cards Level II, “tokenization”, fraud filtering for Address Verification and Card Verification.

The Intrix payment gateway is a fully certified Service Level 1 and can be made available direct to merchants or through our ISO channel partners.

Jeff Connors, Chairman and CEO at Intrix said, “Certification with the First Data Nashville platform will allow us to expand our ISO partner channel presence significantly and at the same time offer our existing merchants another option in working with the First Data bank alliances. We are extremely pleased in taking this major step towards expanding our relationship with First Data.”

About Intrix Technology Inc.
Intrix is a provider of payment-processing solutions. Intrix supplies these comprehensive solutions for customers, software developers (VARs) and ISOs by combining the power of technology with professional payment expertise. Intrix offers three distinct products, (1) The Intrix Payment Gateway is a solution for processing payments and storing sensitive payment data, (2) the Intrix Electronic Bill/Invoice Presentment & Payment (EBIPP) is a fully automated, easy to use web-based billing and payment processing system that initiates error-free invoices, submits them electronically and gets merchants paid faster and (3) the Intrix Professional Services team provides implementation assistance, software development, custom modifications, training and support services. Learn more at www.intrix.com.

Media Contacts:
Mark Passifione, Intrix
916.577.1315, Ext.3103
mpassifione@intrix.com

Roseville, CA May2, 2011– Intrix Technology, Inc. (Intrix), a technology provider in the electronic payment processing marketplace, today announced that it has completed the certification of their payment gateway with the First Data COMPASS platform. The payment gateway’s rich feature set will offer merchants the ability to take advantage of the complete Card Not Present offering including support for Purchase Cards Level II and III, “tokenization”, fraud filtering for AVS, CVV and Verified by Visa. There is also support for electronic check processing and alternative payment methods.

The Intrix payment gateway is a fully certified Service Level 1 Provider and can be accessed by merchants through an easy to use Windows based desktop client. Merchants looking for a more integrated solution can create a seamless merger via the fully featured web services API. (Application Programming Interface)

Jeff Connors, CEO at Intrix said, “We’re pleased to be certified with First Data’s COMPASS platform. This platform is strategically aligned to provide a comprehensive suite of payment options to the CNP marketplace. We have spent the better part of a decade helping customers in this high-growth, innovative marketplace and feel our expertise combined with this robust platform will help our existing and new customers grow and profit.”

About Intrix Technology Inc.
Intrix is a provider of payment-processing solutions. Intrix supplies these comprehensive solutions for customers, software developers (VARs) and ISOs by combining the power of technology with professional payment expertise. Intrix offers three distinct products, (1) The Intrix Payment Gateway is a solution for processing payments and storing sensitive payment data, (2) the Intrix Electronic Bill/Invoice Presentment & Payment (EBIPP) is a fully automated, easy to use web-based billing and payment processing system that initiates error-free invoices, submits them electronically and gets merchants paid faster and (3) the Intrix Professional Services team provides implementation assistance, software development, custom modifications, training and support services. Learn more at www.intrix.com.

About First Data
First Data is a global technology leader in information commerce. The company processes transaction data of all kinds, harnesses the power of that data and delivers innovations in secure infrastructure, intelligence and insight for its customers. With operations in 37 countries, First Data serves more than 5.4 million merchant locations and more than 2,000 card issuers and their customers. It powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company’s portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company’s STAR Network offers PIN-secured debit acceptance at 2.1 million ATM and retail locations. Through First Data’s centers of excellence, such as security, analytics, customer loyalty and mobile payments, it offers data driven commerce solutions for customers around the globe. Learn more at www.firstdata.com.

Media Contacts:
Mark Passifione, Intrix
916.577.1315, Ext.3103
mpassifione@intrix.com

Intrix Payment Offering Receives Certification From Global Payments

Roseville, CA (PRWEB) March 15, 2011 — Intrix Technology, Inc. (Intrix), a technology provider in the electronic payment processing marketplace, announced today that it has received certification from Global Payments on the Global East platform for its entire suite of payment products including their payment gateway and licensed payment software. The collaboration of this integrated product offering will provide more flexibility for the end users in both the United States and Canada.

The Intrix payment gateway is a fully certified Service Level 1 Provider and can be accessed by merchants through an easy to use Windows based desktop client. Merchants looking for a more integrated solution can create a seamless merger via the fully featured web services API. (Application Programming Interface) Their Intrix licensed software offering is a PA-DSS application that can be run locally for companies desiring a more hands-on approach to managing their payment needs.

Jeff Connors, CEO at Intrix said, “Global Payments is a leading provider of transaction processing services worldwide. This certification allows our companies to work together to provide a complete processing solution to merchants of all sizes.”

“We are very excited about partnering with Intrix to deliver this comprehensive offering to our joint customers. Our complementary products and services will benefit merchants by providing reliable, cost effective payment processing from an experienced, trusted source,” said Rene Belanger, Sr. Vice President at Global Payments.

About Intrix Technology Inc.

Intrix is a provider of payment-processing solutions. Intrix supplies these comprehensive solutions for customers, software developers (VARs) and ISOs by combining the power of technology with professional payment expertise. Intrix offers three distinct products, (1) The Intrix Payment Gateway is a solution for processing payments and storing sensitive payment data, (2) the Intrix Electronic Bill/Invoice Presentment & Payment (EBIPP) is a fully automated, easy to use web-based billing and payment processing system that initiates error-free invoices, submits them electronically and gets merchants paid faster and (3) the Intrix Professional Services team provides implementation assistance, software development, custom modifications, training and support services.

About Global Payments Inc

Global Payments Inc. (NYSE: GPN) is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, multi-national corporations and gaming establishments located throughout the United States, Canada, Latin America, Europe and the Asia Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, check verification and recovery, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, the Philippines, and India. For more information about the company and its services, visit www.globalpaymentsinc.com.