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Monday, February 21, 2005
BLACKSTONE TO DEPLOY IPP SERVICES AT TOUCH-N-BUYS NATIONWIDE
Blackstone (www.blackstoneonline.com), a pioneer of the prepaid telecommunications industry and the nation’s leading electronic PIN distributor, announces its alliance with IPP of America, Inc. (IPP), an alternative financial services company offering consumer bill payment services. Janet Sancho, Blackstone’s vice president of sales, says “Blackstone is always seeking value-added services that will bring our merchants more customers and thus, more revenues. This alliance will enable our merchants to create additional foot traffic, become a destination as a bill payment location, generate revenues from the sale of prepaid products and any incidental products plus, earn a commission from the payment! It’s a win-win for all parties”. According to a study for the U.S. Treasury Department, approximately 33% of American households are unbanked. They must pay their bills in person using cash, or they must buy money orders and stamps to mail payments. IPP has contracts with selected retail stores to process payments. With the partnership of Blackstone and IPP, consumers can also make their payments through IPP at any Blackstone Touch-n-Buy merchants. INSERT QUOTE FROM IPP A pioneer of the prepaid telecommunications industry, Blackstone is currently one of the country’s largest providers of prepaid products and services with thousands of retail locations nationwide. Established and headquartered in Miami, Florida since 1995, Blackstone provides innovative solutions to local, national and international companies seeking to maximize their full potential – from calling cards, POS terminals, merchant processing, marketing & distribution to self-service, interactive kiosks – Blackstone’s licensed products offers a complete array of services to design, integrate and maintain high-impact, strategic business solutions via our global network of alliances and resources. For more information on Blackstone’s products and services visit www.blackstoneonline.com or call 1-800-639-9590. IPP of America. (IPP) is a national network of independent neighborhood-based payment centers providing reliable and safe electronic payment services to cash paying customers. IPP authorized payment centers off a wide array of alternative financial services including electronic bill payment, prepaid long distance, prepaid wireless coupons, prepaid home phone, prepaid debit cards, wireless phone activation, money transfer, and merchant services. The company’s payment center network current extends to 30 states, 800 billers and vendors, and more than 3500 stores nationwide. Fro more information visit www.ipppays.com or call 1.888.IPPPAYS.