DataCash announces that it has signed a joint supply agreement with earthport. DataCash and earthport have complementary solutions to the payments market and a commercial deal has been completed in which the companies will resell each others’ systems to their own customers.

DataCash will promote the earthport banking network to its customers for transfer of funds and payments. earthport will promote the DataCash portfolio to its existing customers and to new prospects.

earthport will integrate a DataCash link into its UPN platform so that it will provide a seamless banking pay-in and pay-out solution for DataCash customers. Each company will mount a marketing programme of their own product/service base to the other customer base / network.

DataCash Executive Director, Gavin Breeze, said, “Our agreement with earthport opens a wide range of opportunities for DataCash. It will enable us to provide our Card Services to new customers and offer a range of new services to our existing customers.”

earthport Executive Chairman, Mike Harrison, said, “The DataCash agreement demonstrates the contribution that earthport’s generic payments infrastructure can make to existing payment solution companies. We are very excited about the prospects being made available by combining our strengths with those of DataCash.”

Ends

Notes to editors

For further press information, please contact:

Glen Goldsmith
2thefore Ltd
Tel: 01403 25 42 42
Mob: 07812 766338
Email: glen@2thefore.biz
Katie King
2thefore Ltd
Tel: 01892 520 123
Mob: 07974 161179
Email: Katie@2thefore.biz

For information about DataCash, please contact:

DataCash – www.datacash.com

DataCash provides outsourced solutions for the authorisation, settlement and fraud management of credit and debit cards as well as direct debits, direct credits and cheques. DataCash's fraud management solutions support industry initiatives such as 3-D Secure (Verified by Visa and MasterCard SecureCode) as well as rules-based fraud screening. Transactions are accessible to merchants through a real-time MIS Reporting suite.

DataCash's solutions are suitable for merchants selling through any channel, including High Street Point of Sale, the Web, Interactive TV, Kiosk, Call Centre and Interactive Voice Response. DataCash works with partners, such as IBM, to provide mid-tier retailers with Cardholder Present Chip and PIN solutions.

earthport

earthport plc is a UK-based company specialising in the provision of secure electronic payment services. earthport’s key product is its Universal Payment Network, a payment infrastructure which links directly to traditional and modern banking systems. The UPN allows parties to make and collect payments using bank accounts and card services in a secure and compliant environment at affordable rates. The UPN enables payment delivery in over 120 countries and in multiple currencies. The UPN is bi-directional and caters for micro to macro payments.

Based in the City of London, with 40 employees, earthport plc was admitted to the AIM (ticker: EPO.L) in 2001.

Published on: 12:00AM on 1st December 2005