Business
Preferred PSP Status Awarded
Preferred PSP Status Awarded.
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[{"type":"text","content":"\n Datacash Group PLC\n12 April 2007\n\n\n12 April 2007\n\n\n DATACASH AWARDED PREFERRED PAYMENT SERVICE PROVIDER BY LLOYDS TSB BANK PLC\n\n\nDataCash Group PLC (AIM: DATA) is pleased to announce that it has been awarded\npreferred Payment Service Provider (\"PSP\") status by Lloyds TSB. The award means\nthat Lloyds TSB will recommend DataCash to its new and existing clients in the\nGaming, Airline, Multi-Currency and specialist sectors for all online payment\nprocessing. These sectors have some of the biggest online trading volumes.\n\n\nDataCash already works in partnership with Lloyds TSB by providing processing\nfor a number of its clients. However, to win preferred PSP status, DataCash had\nto prove to Lloyds TSB the resilience of its past performance, its market\nknowledge and its expertise. DataCash's processing has the advantage of being\none of a small number of PSP's to be linked into OmniPay, a full multi-currency\nplatform which allows merchants to trade and settle in any one of 58 currencies.\n\n\nKevin Coles, Head of Business Enterprise at Lloyds TSB Cardnet said:\n\n\n\"We were looking for a payment service provider that could demonstrate to us\nthat it was reliable, knowledgeable and could provide Lloyds TSB clients in key\nsectors with a service that was highly competent, competitive and professional.\nDataCash proved that they were the organisation to do this and so we are very\nhappy to have formed this partnership and will work with them to build it into a\nlong term relationship.\"\n\n\nAndrew Dark, Chief Operating Officer at DataCash, commented:\n\n\n\"We are delighted that Lloyds TSB has chosen to award us with the status of\nPreferred PSP; it is recognition of our continued commitment to providing the\nbest possible payment processing service to our clients and endorses our\ncommitment to growing the sectors in which we operate.\"\n\n\n END\n\n\nFor further information:\n\nEmma Kitching/Carly Smith, DataCash 020 7421 9287\n\nTim McCall/Alice Proctor, MJ2 Business Communications 020 7491 7776\n\n\n\nAbout DataCash\n\n\nDataCash Group PLC (AIM: DATA), a market leading provider of payment processing\nsolutions, provides merchants with a single interface that allows them to\nprocess secure payments, both on and offline, anywhere in the world.\n\n\nDataCash also provides a range of value added services with it...