TransFirst® and Endurance International Group Form Strategic Alliance for Payment Processing
1393 Veterans Memorial Highway, Suite 307S
Newyork, NY, 11788
Press release date: April 1, 2014
HAUPPAUGE, N.Y. — TransFirst®, a leading provider of transaction processing services and payment enabling technologies, and Endurance International Group (NASDAQ: EIGI), a leading provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, announce a strategic alliance under which Endurance will provide its customers with access to a full merchant acquiring solution from TransFirst, including a one-stop solution for both e-commerce businesses and traditional offline, "brick and mortar" retail businesses.
Under the terms of the agreement, Endurance will market TransFirst as the preferred provider for payment card acceptance for its more than 3.5 million customers. Specifically, TransFirst will provide Endurance subscribers with a unique and customer-friendly web-based virtual application and onboarding process, the online payment gateway Transaction Express® and TransFreedom®, a bundled pricing package that may provide lower costs for startup e-commerce merchants. TransFirst will also provide Endurance's merchants with customized cost-savings analyses to help them save money.
"TransFirst will compliment Endurance's commitment to customer service by providing our best-in-class, U.S.-based merchant support that's available 24/7/365," adds Steven Rizzuto, TransFirst's President, Commercial Services Division. "Endurance's dedication to offering payment card processing that's affordable and meets the unique requirements of e-commerce merchants aligns with TransFirst's mission to assist our partners with products, services and technology to help grow and develop beyond expectations in the payments industry."
Joel Rosen, EVP of Marketing and Product at Endurance, commented, "Working together with TransFirst, we will be able to help subscribers simplify the payment side of their operations with a complete package of merchant services for both their off-line and on-line needs. At the same time, TransFirst's service and support can scale from the most simple to the most complex online-only businesses."
About TransFirst (www.TransFirst.com):
A leading provider of secure transaction processing services and payment enabling technologies, TransFirst offers innovative products and services designed with financial institution, independent sales organization, healthcare, e-commerce, government and merchant customers' unique needs in mind. By collaborating with our customers and utilizing deep industry knowledge, we can help them grow their businesses. Founded in 1995, TransFirst continues to attain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TransFirst is headquartered in Hauppauge, New York, and has operations facilities in Aurora, Colorado; Broomfield, Colorado; Omaha, Nebraska; Overland Park, Kansas; Franklin, Tennessee; and Cypress, California; and executive headquarters in Dallas, Texas. Company-wide, TransFirst currently processes approximately $48 billion in annual sales volume for approximately 200,000 merchants and financial institution partners. For additional information, please call 800.745.2659 or visit www.TransFirst.com.
About Endurance International Group (www.endurance.com)
Endurance International Group is a leading provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online. Less than 20 years old, Endurance serves over 3.5 million subscribers through a family of brands that includes Bluehost, HostGator, Domain.com, FatCow, iPage, BigRock and MOJO Marketplace. Endurance is headquartered in Burlington, Massachusetts, has a presence in Asia and the Americas, and employs over 2,600 people. Endurance provides a comprehensive suite of over 150 products and services that includes web presence and mobile sites, email and eCommerce solutions, as well as more advanced offerings, such as SEO services, scalable computing, security, storage and backup, online marketing and productivity solutions. For more information, visit www.endurance.com.
Web Site: http://www.endurance.com