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Friday, April 19, 2002
ELECTRONIC TRANSACTION INDUSTRY RESPONDS ENTHUSIASTICALLY TO BLACKSTONE’S PATENT PENDING SOFTWARE
Blackstone (www.blackstoneonline.com), one of the nation’s leading providers of electronic prepaid products and services, was received enthusiastically last week by the attendees and exhibitors of the Electronic Transaction Association Expo in Orlando, Florida. Janet Sancho, Blackstone’s director of business development, says “We were overwhelmed with the positive response from the merchant processors and ISOs to Blackstone and our patent pending software which merges merchant processing with prepaid technologies.” Blackstone has developed a truly innovative point-of-sale system utilizing customized applications and software which successfully integrates the processing of all major credit cards and ATM/Debit/EBT cards with the sale of prepaid cellular and prepaid calling cards. Earlier this year, in recognition of the Blackstone POS system’s novelty, the United States Patent Office granted Blackstone broad rights to protect its exclusive technology which extends to Blackstone proprietary hardware, software and methodology. According to Sancho, “Today’s merchant is demanding more from their vendors and suppliers. By offering Blackstone’s value added software, processors, ISOs and ISAs have a unique opportunity – the ability to enable their merchants to generate revenues and profits with the sale of prepaid products via their point of sale terminal. This enables the processors to build on their existing merchant relationships, significantly reduce attrition and expand their client base. Blackstone brings all the pieces together and creates a win-win for everyone involved!” Blackstone has rapidly become one of the country’s largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. Established and headquartered in Miami, Florida since 1995, Blackstone is privately owned, and managed by a team of executives experienced in payment processing, networking, information services, oil & gas and prepaid telecommunications. Today, Blackstone is successfully merging two industries, prepaid telecommunications and electronic transactions, into one terminal to the benefit of merchants across the United States. For more information on Blackstone’s products and services call 1-800-639-9590 or visit www.blackstoneonline.com. Blackstone POS are trademarks of Blackstone Communications Co.; US and foreign patents pending.