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STRATEGIC ALLIANCE Strategic partnership will allow real-time payments to international utility companies he International Express Pay logo
is part of the new branding program that evolved
from the strategic alliance of ASI and iSend.
Under the terms of this partnership, iSend will make its Ainternational payment processing services available to ASI's expansive retail agent network. Through walk-in bill payment, paying by phone, or sending a check over the Internet, AmeraCash Solutions, Inc. offers the un-banked and under-banked customers an alternative to regular financial methods.iSend compliments this service by allowing consumers to pay utility and other bills in countries such as Mexico, Brazil, Guatemala, Honduras and El Salvador. International Express Pay recently opened in ten retail locations throughout the Philadelphia area offering payments in 24 hours or less at a very low cost. AmeraCash and iSend intend to expand International Express Pay throughout the U.S. This strategic alliance benefits segments of the international bill payment market, including the consumer, the retail-agent and international billers. The alliance connects payers residing in the U.S. with Latin American countries. "We are pleased to be working with a leading provider of global electronic payment processing solutions. Being a part of a strong company that understands our business will be welcomed by our merchant customers and provide new opportunities for ASI," said ASI CEO Joe Heller. "We expect to focus on growing the customer base by providing an expansive range of payment solutions." "The creation of International Express Pay builds on our relationships with billers and wireless carriers in Latin America," said iSend president and CEO Steve LaBella. "Through the combination of ASI's extensive agent retail network and experience in transaction processing, we see a great opportunity for the future of alternative financial transaction methods," added LaBella. LaBella believes the two companies can supply retail agents with a comprehensive technology system that comes with IT experts to solve real-time consumer payment issues at very competitive prices. "Through this relationship we are ableto provide seamless technology for an integrated system of bill processing which places the control of bill payment in the hands of the U.S. consumer who is paying bills in Mexico and other foreign countries," Heller added. About AmeraCash Solutions, Inc. AmeraCash Solutions, Inc. (ASI), a certified diverse supplier, has been providing alternative financial solutions to major utilities, municipalities, retailers and businesses for over 14 years. ASI utilizes a retail network for the un-banked and under-banked consumer by way of real-time processing of transaction data. ASI and an independent commercial bank guarantees all payments made through its retail agent network. ASI is a Pennsylvania-based company that offers technology driven alternative financial solutions. For more information on AmeraCash and their services, please visit www.ameracash.com About iSend Since 2007, iSend founders have been leading innovators of international payment processing. iSend helps consumers directly pay various bills and wireless carriers in such countries such as Mexico, Brazil, Guatemala, Honduras and El Salvador. In addition, wireless phone, satellite and mortgage payments are available in Mexico and Brazil. Based in Connecticut, iSend was created to fill a need for international consumers to conduct secure payments quickly and inexpensively. For more information on iSend and the services they provide, please visit www.isendonline.com . |