LAS VEGAS, Feb. 27 /PRNewswire-FirstCall/ — 3PEA International, Inc. , a payment
solutions company, announced today its entry into the Prepaid Debit Card Market.
3PEA International, Inc., is pleased to announce the formation of a new operating
division. The new division will position the company to take advantage of opportunities
in the growing area of prepaid debit cards and related payment systems and services.
The division will issue prepaid cards through turnkey solutions on behalf of third-party
3PEA is an electronic payment company that is dedicated to providing customized and
flexible solutions worldwide. “We are pleased to offer customized prepaid debit cards
and integrated offerings, to create programs that meet the unique needs of our clients,”
said Mark Newcomer, President of 3PEA International.
About 3PEA International, Inc.
3PEA International, Inc., through its wholly owned subsidiary 3PEA Technologies, Inc.,
designs and develops payment solutions including proprietary payment terminals,
secure key loading systems, prepaid card systems, and various payment services.
Since 2001, 3PEA has provided online payment solutions with specific focus in the area
of PIN-Debit transactions. The company now provides turnkey and customized payment
services to retailers, software developers and financial services companies.
Using its PayPad payment terminals and IP payment gateway solutions, 3PEA can
quickly and cost effectively help customers in various markets to payment enable their
applications. 3PEA works closely with its customers providing qualified payment
expertise to produce a payment processing solution that best suits their needs.
PINsmart(R), PaySign(TM), 3PEA(R) and PayPad(R) are registered trademarks or
trademarks of 3PEA Technologies, Inc. in the United States and/or other countries.
Certain statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor created by those
rules. All statements, other than statements of fact, included in this release, including,
without limitation, statements regarding potential future plans and objectives of the
companies, are forward-looking statements that involve risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation of any
strategically significant plan(s) outlined above. 3PEA International, Inc., undertakes no
obligation to publicly update or revise any statements in this release, whether as a result
of new information, future events, or otherwise.