PayLogec and NXGEN Canada Join Forces

 to Provide the best of breed in Payment Services to Canadian Financial Institutions, Trade Associations, and Merchants

 

August 4, 2009: Vancouver, British Columbia, Canada ? PayLogec Merchant Solutions (www.paylogec.com), a Canadian leading payment service provider registered with Elavon Canada (previously known as Nova Information Systems), and NXGEN Canada (www.nxgencanada.com), a North American leading payment services provider, today announced the creation of a Partnership which will accelerate the availability of new payment services options to Canadian Financial Institutions, Trade Associations, Businesses and Non-profit Organizations in Canada.

 

Both PayLogec and NXGEN Canada (a company of the NXGEN Group) have been authorized resellers of Elavon Canada since 2005, and together they process approximately $2 Billion annually for merchants in North America.

 

By joining forces, they will synergize on resources and will be able to bring to market the most advanced payment options for both brick-and-mortar and Internet-based business, as well as the most advanced reporting tools that allow merchants, agents, Financial Institutions and Trade Associations, to monitor on-line their financial performances.

 

Don Andrews, President of PayLogec (now President PayLogec/NXGEN Canada), will manage this Partnership.

 

?The competitive environment is causing many processing providers to initiate a lower quality of service. At PayLogec/NXGEN, we are committed to the needs of our merchants, while operating with full integrity, respect, and excellence,? states Mr. Andrews. ?This relationship with NXGEN Canada will allow us to focus on what we do best; selling ?Best in Class? payment services and supporting our merchants and partners. Furthermore, by making full use of NXGEN?s operations and IT infrastructure, we will automate processes and offer unique on-line data access to our valued partners.?

 

Thomas Nitopi, CEO of the NXGEN group and co-Chair of Elavon?s MSP Advisory Board, comments ?NXGEN is one of the top partners of Elavon in North America. We have performed extremely well in Canada over the last 4 years, and now we are looking toward more accelerated growth by providing the marketplace comprehensive solutions through the relationship and network of the PayLogec/NXGEN team.?  He continues, ?The last few months of preparation for this venture have been amazingly exciting.  NXGEN?s credibility in the payment industry is unblemished.  When we began talking with PayLogec, we realized that the core values by which we execute business were the same (especially their focus on long-term relationships with customers and partners) and were achieved only by offering true win-win propositions.?

 

PayLogec and NXGEN Canada are processing the payment transactions through Elavon, a top ten global acquirer, processing transactions over its secure, reliable and fully redundant network.

 

?I am thrilled at this alliance and its ability to address the specific needs of Financial Institutions and Trade Associations across Canada,? says Cory Taylor, Managing Director of Elavon Canada.  ?By combining industry experience with Elavon?s robust network, customer service and pricing structure, PayLogec and NXGEN Canada have created an irresistible offer for every business, bank, credit union, and association.?

 

About PayLogec:        

PayLogec Merchant Solutions Canada is a registered payments partner with Elavon Canada and is a member in good standing of the Visa and MasterCard International Associations. PayLogec delivers Solutions, Service and Expertise in all areas of the payments industry and brings that to each and every merchant.

 

Expertise: Every merchant and business can be assured that its individual processing situation will be treated with complete respect and privacy.

 

Service: All merchants will be assigned a PayLogec/NXGEN account executive to not only present a processing program, but to be there to install, train and be available at anytime to assist with questions, technical issues and overall support. We value your business.

 

Solutions:  PayLogec/NXGEN, in partnership with Elavon, provide the most comprehensive processing solution choices to the merchant. From ?Chip and Pin? ready POS Terminals with dual dial-up/Internet connectivity, Wireless options and a complete Virtual Suite of products, you can be assured PayLogec has the right solution for your needs at the lowest cost. Furthermore, when you choose one of our solutions they are completely supported and serviced by both PayLogec/NXGEN and Elavon. You never have to deal with the Manufacturer.

 

About Elavon

Elavon's Global Acquiring Solutions organization is a part of U.S. Bancorp (NYSE: USB) and provides end-to-end payment processing services and solutions to more than one million merchants in the United States, Europe, Canada and Puerto Rico. Elavon represents the former brands of NOVA Information Systems and its affiliates FHMS and euroConex. For more information, visit http://www.elavon.com.

 

About NXGEN Canada

NXGEN Canada is a fully-owned subsidiary of NXGEN International, a multi-national provider of credit card processing, e-commerce and comprehensive payment services. NXGEN International?s mission is ?To increase the level of professionalism in the Payment Services Industry while providing merchants with the next generation of products at the most competitive prices?acting locally while thinking globally!?  The goal of NXGEN Canada is to set the standard for value and service through timely innovation and a company-wide commitment to each and every one of our merchants.?

 

For more information, please contact

PayLogec Merchant Solutions: by Phone 604-541-8781, e-mail ghowes@paylogec.com

NXGEN Canada: by Phone +1-888-866-9436, e-mail: klamothe@nxgeninternational.com, or on the Internet: www.nxgencanada.com and www.paylogec.com