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Press Releases Tuesday, July 22, 2003   
E-Mail 'Paymentech Canada and Paradata Partner to Offer Complete e-Commerce Solution to Canadian Market' to a friend  Printer Friendly: Paymentech Canada and Paradata Partner to Offer Complete e-Commerce Solution to Canadian Market   

Paymentech Canada and Paradata Partner to Offer Complete e-Commerce Solution to Canadian Market

Whistler, BC - July 22, 2003 -- Paymentech, a leading payment processor in Canada, and Paradata Systems Inc., a major provider of global integrated payment systems in Canada, have joined forces to offer PayGateway Commerce to the Canadian market. The unique offering targets small and mid-size businesses looking for a quick and easy way to accept credit card payments online.

PayGateway Commerce offers competitive rates and a secure, easy-to-set up payment gateway that provides companies all the tools they need to set up an Internet storefront - quickly and seamlessly. Through Paradata`s network of valued Internet Service Provider partners, merchants have a broad choice of hosting solutions, as well as a pre-integrated storefront application such as Miva Merchant and Kurant Storesense. The program is also available through the following leading channels: Intuit`s (INTU) Quickbooks Canada, Kurant, NetNation (NNCID) and Rackforce.

Paradata Systems offers merchant infrastructure management solutions for those that want to operate their businesses using a dependable and fast method for processing multiple payment types online, in real time. The company`s services include credit card, batch and recurring payments.

Engineered for the Internet, the open and highly scalable platform eases the integration of e-commerce applications to the banking system and, where applicable, to the merchant`s back-end systems. Merchants using the Internet can minimize the time and costs associated with payment processing while expanding the functionality of existing payment acceptance devices and tenders.

Paymentech Canada provides a single source for processing Visa, MasterCard and Interac. Paymentech`s leading-edge technical capabilities and vast industry experience enable them to deliver an exceptional and innovative suite of electronic payment opportunities that include business-building options via point-of-sale and mobile terminals, as well as best-in-class Internet payment solutions.

"Fast, reliable online payment services are critical to the success of a business. Paradata Systems is recognized as a best-of-breed vendor with a comprehensive suite of payment services and unrivalled support," said Caroline Grimont, Vice President of Business Development at Paradata. "With Paymentech`s participation, merchants now have the ability to rapidly and securely add payment solutions to their businesses without difficult processes or expensive integration efforts."

Paradata and Paymentech have designed a fast online setup process - which speeds start-up and eliminates the hassles of completing lengthy paperwork. Businesses can register at http://www.paygateway.com/complete_ca/paradata/ or by calling 1-800-604-3282 ext 3.

"PayGateway Commerce allows us to offer our online merchants a turnkey e-commerce solution, complete with site hosting, storefront design and payment processing - all pre-integrated - all ready to go," said Kevin Gallagher, Director of Corporate Alliances for Paymentech. "It gives our merchants more time to focus on what they do best - running their business."

About Paymentech Canada
Paymentech Canada delivers secure and reliable payment service in merchant acquiring and point-of-sale transaction processing. Paymentech Canada is an affiliate of Paymentech, L.P., North America`s premier payment solutions company, headquartered in Dallas, Texas. Paymentech`s Canadian headquarters are located in Toronto, Ontario and has representatives throughout Canada. For more information, please visit www.paymentech.ca.

About Paradata Systems Inc.
Paradata Systems Inc. is a leading provider of global integrated payment systems for financial organizations, resellers and businesses across North America. Our award-winning, web-based payment solutions allow businesses of all sizes to easily integrate Internet payment throughout various front and backend systems. Paradata is unique in the marketplace by offering the full flexibility of Secure Sockets Layer (SSL), and 3D Secure security protocols. To learn more about Paradata, go to www.paradata.com, 1-800-604-DATA (3282), or email info@paradata.com.

Editorial Contacts:
Caroline Grimont
Paradata Systems Inc.
604-935-8904
cgrimont@paradata.com

Laura Lambeth
Paymentech Public Relations
214-849-3523
laura.lambeth@paymentech.com

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