SPS (Secure Payment Systems) & Central Bancard Form Strategic Alliance

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For Immediate Release:

Date: July 11, 2003
Place: San Diego, California
Contact: Steve Eazell-Director National Sales and Marketing
Phone: 1-866-300-3376
Fax: 1-707-836-1979
Email: seazell@securepaymentsystems.com
Web: www.securepaymentsystems.com

Secure Payment Systems & Central Bancard Form Strategic Alliance

SPS Check and Gift Card Services 'Central' to CBL's Product Offering

(San Diego, CA) Secure Payment Systems (SPS), one of the nation's leading check and gift card services processors and the only U.S. company that provides a truly integrated check conversion and gift card program is pleased to announce that they have reached an agreement with Central Bancard, L.L.C. to provide SPS' extensive suite of Value Added Products to retailers through their national and regional independent sales force.

Central Bancard, LLC, an exciting new merchant acquirer venture developed to provide superior payment processing services is headquartered in Moline, IL. The company was formed as a partnership by three of the industry's most seasoned and successful veterans; Jerry Cain, who founded Merchants Bankcard Network, Bill Brockaway of Quad Cities Bankcard, and Henry Harp, former Senior VP at Vital Processing Services. They bring over 60 years of processing and merchant acquiring experience to the mix.

Steve Eazell, SPS Director of Sales & Marketing stated, "We are pleased to provide the additional value that merchants require in today's marketplace. We feel that combining the breadth of our service offerings with the seasoned backgrounds of these industry veterans will provide tremendous synergy and great value overall."

"We are about generating value to the retailers through our extensive regional network of sales professionals". Commented Jerry Cain, CEO of Central Bancard. "Our success will be contingent upon deliverables and given SPS's reliable product mix, we are confident about exceeding our objectives."


About Central Bancard, LLC

Central Bancard, LLC, a new independent sales organization was founded and developed to provide payment processing services to the small to mid tier merchant level and is headquartered in Moline, Il, and is the brainchild of three of the industry's most seasoned and successful veterans; Jerry Cain, who founded Merchants Bankcard Network, Bill Brockaway, former COO of Quad Cities Bankcard, and Henry Harp, former Senior VP at Vital Processing Services. Their successful backgrounds will lend a wealth of experience and knowledge to the merchant-acquiring world by utilizing a series of proven strategies to benefit both sales rep and retailer. Go to their website at www.centralbancard.com for more information.


About Secure Payment Systems  (www.securepaymentsystems.com)

Founded in 1996 and headquartered in Las Vegas, NV Secure Payment Systems ("SPS") provides fully redundant payment processing solutions to over 10,000 retail, lending, wholesale, and corporate endpoints across North America. SPS facilitates the transfer of value by providing businesses with a full range of transaction processing, reporting, and risk management tools so they may quickly and confidently accept payments, pay vendors, or transfer funds at the POS or on the WEB. These solutions include underwriting and guaranteeing eCheck transaction risk, deferred payment programs allowing consumers to stretch retail purchases up to 18 months, automated origination of recurring & one-time ACH debits and credits, electronic remote check imaging & deposit, gift & loyalty card processing, as well as internal and external third party database verification access for a complete POS risk management solution.


Secure Payment Systems Inc. | 3993 Howard Hughes Pkwy #390, Las Vegas, NV 89169 | www.securepaymentsystems.com | 702.701.8433
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