Federated Payments Canada Unveils Lucrative ISO Program and Innovative Agent Portal at ETA Annual Expo

Online, April 19, 2010 (Newswire.com) - Las Vegas, NV - Federated Payments, a leading provider of credit card processing and related merchant account services in the U.S. and Canada, unveiled today its lucrative program for bringing U.S. Independent Sales Offices (ISOs) into the Canadian market at the Electronic Transaction Association's 2010 annual meeting and expo.

Jon Levitt, Federated's CEO, explains "Canada presents a huge opportunity for ISOs looking to expand their upfront profits and monthly residuals significantly. Until recently, Canadian merchants had few provider choices for their credit card processing services; mostly banks which charged high rates and fees. Today, the market is wide open and Federated has set the groundwork over the past two years in order to provide turnkey solutions and "fast track" our ISO partners so they can start capitalizing on this market. With minimal competition, 60 month leases, huge residuals and volume that's 2x-3x times that of the U.S. the time to act is now."

In addition, Federated Payments Canada rolled out their propriety web-based ISO/Agent portal CATSTM. CATS - which stands for Canadian Account Tracking System - has an intuitive, user friendly interface that provides ISOs and Agent partners with on-demand, flexible, custom reporting on all facets of both their merchants and there sales team across all levels.

Federated President, John Guirguis comments "CATS is truly a unique tool in the Canadian market providing owners, managers and sales reps from our partner ISO organizations with real time access to all the information they need to run their business efficiently. From performance tracking and instant customer service alerts to custom report generation based on 200+ criteria, CATS, all the statistics they need is online and on demand."