SPS (Secure Payment Systems) Logs Redwood Merchant Services

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For Immediate Release:

Date: March 3, 2004
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

National Bank of the Redwoods (RMS) to Sell SPS Check and Gift Card Services

(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 Redwood Merchant Services (a Division of National Bank of the Redwoods, member FDIC) to provide SPS. extensive suite of Value Added Products to retailers through their national and regional independent sales force.

Redwood Merchant Services is a wholly owned subsidiary of National Bank of the Redwoods located in the North Bay Area of California with offices in Santa Rosa, California, Scottsdale, Arizona and Tucker Ville, Maine with sales agents interspersed throughout the U.S. National Bank of the Redwoods has been providing high-end merchant processing since 1988 and is considered one of the pioneers of the payment industry ranking as one of the top merchant acquirers in the business.

Steve Eazell, SPS Director of Sales & Marketing stated, .We are pleased to be associated with an organization having the history and experience of providing merchant services to such a broad range of retailers, etc. It is a privilege to provide their sales agents with the tools necessary to remain the competitive force they have always been.

.We looked long and hard before deciding on which products and services to offer our merchants and sales agents. Remarked Susan Horne, President and CEO, Redwood Merchant Services. .We wanted to partner with an organization that shares our core values of providing quality service and support to our merchant base. We believe that with SPS we have found true synergy.


About Redwood Merchant Services, Inc.

As a division of National Bank of the Redwoods, (RMS) (www.redwoodmerchantservice.com) has been providing credit card payment processing for over 15 years and ranks among the top 2% payment processors in the nation. National Bank of the Redwoods was founded in 1985 as a commercial bank serving businesses and entrepreneurs in the coastal redwood region of Northern California. In 1988 Redwood Merchant Services was formed as a wholly owned subsidiary and over the years have evolved into one of the nation.s premier providers of merchant processing working with many of the industry.s ISO.s, banks and agents providing quality service and competitive pricing.

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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