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Monday, October 07, 2002
Blackstone (, one of the nation’s leading providers of electronic prepaid products and services, successfully unveiled it’s newest product at the NACS Expo yesterday, Blackstone Gold Services. According to Mike Acton, Blackstone’s general manager, “Blackstone Gold combines years of retail and prepaid experience with Hypercom’s secure network to create a complete suite of prepaid long distance cards, prepaid cellular products, prepaid store cards, preferred customer charge cards, custom couponing, e-Timeclock, merchant services and much more via our patent pending Blackstone POS system.” Highlights Include: Prepaid Store Cards Blackstone POS merchants can now offer custom designed prepaid store cards in $20, $50 and $100 denominations. Preferred Customer Charge Cards POS merchants can elevate their store’s image by issuing store accounts to their best customers, which in turn, provides valuable account management for the merchant while reducing paperwork and increasing productivity. “The cards come with live data support via the Blackstone secure website which provides up-to-the minute reports on number of cards in circulation, balances, usage and activity. With this critical information, merchants have the ability to better forecast future revenues and cash flow,” says Angel Pacheco, Blackstone’s chief technology officer. Customized Store Coupons The POS terminal can be used to generate specific product sales by printing coupons on demand for the products and services you designate, thereby, increasing customer loyalty and sales. e-Timeclock Blackstone’s latest software development reduces costly payroll errors and increases employee efficiency by utilizing the e-Timeclock feature on the Blackstone POS. Employees no longer need to punch in or out using traditional time clocks, the e-Timeclock requires the employee to log in on the POS terminal and begin working immediately. Acton continues, “Our goal is to offer merchants creative solutions to enable them to compete in today’s marketplace by providing cost-effective ways to attract the ever-changing consumer and ultimately increase revenues. Blackstone Gold does this and then some!” The patent pending Blackstone POS successfully merges two industries, prepaid telecommunications and electronic transactions, by integrating the processing of all major credit cards (MasterCard, Visa, American Express, Discover Card & Diners Club) and ATM/bank/EBT cards with the sale of prepaid cellular and calling cards into one, easy-to-use POS terminal. 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, retail and telecommunications. For more information on Blackstone’s products and services, call 1-800-639-9590 or visit Blackstone POS are trademarks of Blackstone Communications Co., US and foreign patents pending.