PowerPay and PAGE Cooperative Provide Payment Processing to Independent News Organizations Nationwide
PAGE Selects PowerPay As Preferred Supplier
PORTLAND, Maine, and KING OF PRUSSIA, Pa. — Feb. 26, 2008 — PowerPay, a leader in the electronic payments industry, and PAGE (Publishers Associated to Gain Economies) Cooperative, the largest purchasing entity in the U.S. newspaper industry, today announced a partnership that offers best-in-class payment processing solutions to PAGE Cooperative’s more than 1,800 members across the United States.
PowerPay’s designation as a preferred supplier by PAGE Cooperative makes it possible for small and independent newspapers across the country to furnish various online payment solutions to their customers in areas such as subscription and advertising billing. PAGE Cooperative members can benefit from PowerPay’s complete in-house capabilities to maximize their payment processing efficiency, security and investment through a consultative approach, custom-fit solutions and 24/7 customer service.
“As a PAGE Cooperative preferred supplier, PowerPay is now part of a dynamic partnership that allows us to offer a valuable service to nearly three-quarters of the independent daily newspapers in the United States,” said Charles Mercer, senior vice president, financial institutions group, PowerPay. “This is an enormous opportunity to break into new markets and introduce our products and services to similar organizations helping small businesses succeed nationwide.”
PAGE Cooperative is a not-for-profit, member-owned buying association for privately held newspapers. The national network includes more than 560 daily newspapers and more than 1,000 non-daily publications. PowerPay services include: payment acceptance; credit, debit, loyalty and gift cards; business-to-business and government purchasing cards; petroleum cards; electronic check verification; and standard, high-speed and wireless point-of-sale (POS) solutions. PowerPay also offers unique risk monitoring and secure processing to provide utmost protection to businesses and customers.
PowerPay is one of the fastest-growing providers of integrated e-commerce and retail payment solutions in the United States. Founded in 2003, PowerPay offers a broad portfolio of payment processing solutions to merchants via four major acquisition channels: e-commerce, software developers, financial institutions and direct merchant-level sales. Additionally, the company is one of the few payment processing organizations with total in-house merchant underwriting, risk management, customer service, technical support, information technology, product development and inside sales departments. The Portland, Maine-based company supports all major credit and debit cards, electronic benefits transfer (EBT), recurring bill payment and a variety of card-based payments. PowerPay’s wholly owned subsidiary, e-onlinedata, is the nation’s most trusted Internet-based merchant account provider and the largest reseller of payment gateway provider Authorize.Net®. Together, PowerPay and e-onlinedata deliver comprehensive, innovative solutions that help customers grow their businesses and improve bottom lines. For additional information about PowerPay, please visit www.powerpay.biz.
About PAGE Cooperative
In operation since 1984, the PAGE Cooperative has an extensive nationwide membership with members in all 50 states, including more than 560 daily newspapers and over 1,000 non-daily publishing facilities. This represents almost three-quarters of the privately owned daily newspapers in the United States.
Members of PAGE Cooperative pool their individual purchases to create large-volume leverage that earns significant discounts and rebates. Members purchase more than $300 million in goods and services annually through the Cooperative. PAGE Members receive discounts on ink and newsprint, graphic arts materials, pressroom and circulation supplies, and office, production and electronic media equipment.
In addition, members receive discounts on a variety of other equipment, systems, software and services used by the printing/media industry.