SOURCE: JetPay Merchant Services, LLC

January 26, 2006 16:13 ET

The Exodus Group Endorses JetPay Merchant Services for Credit Card Processing Services

JACKSONVILLE, AR -- (MARKET WIRE) -- January 26, 2006 -- The Exodus Group, a national practice management and buying group for independent eye care professionals has selected JetPay Merchant Services, LLC as its preferred provider for merchant account services.

JetPay's partnership with The Exodus Group offers Exodus members nationwide representation from an established company that focuses on the needs of those wanting substance over style in their payment acceptance solutions.

"JetPay's account management team worked closely with us to package a complete payments acceptance program specifically addressing the needs of private practice physicians and clinical professionals," said Joe B. Collins, O.D. F.A.A.O. "JetPay's expertise in payments software applications, data formatting & compliance requirements, and payment acceptance 'best practices' provides the means to ensure our members optimally capture and settle all required card transaction data elements, virtually eliminating all Visa and MasterCard downgrade charges. Participating members are now qualifying all credit and debit card transactions at the lowest possible rates and have obtained a 20 to 30 percent average annual reduction in bankcard acceptance costs."

"Providing The Exodus Group and its members with specifics regarding the complexities of the bankcard interchange qualification process is typical of our solutions-based approach to business development," said David L. Tepoorten, president of JetPay Merchant Services. "We continually educate on compliance with Visa's and MasterCard's rules governing card acceptance because doing so is the primary means for every acceptor to mitigate its effective costs."

About The Exodus Group, Inc.

Established in 2000, The Exodus Group is "A New Kind of Eye Care Group" serving the needs of eye care professionals throughout the United States and neighboring countries. Exodus enables ECPs to remain or become independent and prosper in any economy with the best possible nets and lowest possible cost of goods by organizing and offering practice management seminars, cooperative purchasing, and private-label brand development. The Exodus Group is actively involved and supports the Orthokeratology Academy of America, serving on their board in marketing and consultative capacities. For more information visit www.theexodusgroup.org.

About JetPay Merchant Services, LLC

Detroit-based JetPay Merchant Services, LLC is "Setting the Standard in Payments Delivery"® by providing transaction processing products and Visa and MasterCard merchant account support that enable its clients to convert payments acceptance technologies into business solutions. JetPay Merchant Services is an industry specialist in merchant account acquisition and management, and deploys its recommended payments acceptance solutions, services, software & strategies for credit card, debit card, prepaid/gift card, and electronic check acceptors across North America. For more information visit www.jetpayms.com.

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