Checkgateway Launches New Website for its ACH Payment Processing Service

Phoenix, AZ - June 20, 2005 -- Checkgateway, a leading provider of electronic payment and innovator in the Automated Clearing House (ACH) payment processing industry, announced today the launch of their new website at www.checkgateway.com.

Checkgateway's new website has enhanced navigation, a fresh look and feel and comprehensive information on Checkgateway's solutions for merchants whether they be a storefront or an internet address.

"We are planning to take our payment engine to a whole new level," says John Kirchhefer, President Checkgateway. "The launching of our new look marks the beginning of our aggressive expansion strategy this year. We will be adding new payment vehicles throughout the year to reach our goal to be the one stop shop for electronic payment processing."

The new website directs customers to the robust solutions that Checkgateway provides to merchants, resellers and third party solutions providers. Checkgateway's staff is dedicated exclusively to verifying payments and delivering funds to its merchant clients with its powerful and secure reporting tools. Checkgateway is one of the only ACH processors using Experian's eSeries Authentication Solution, which it has been using since 2002, to verify the identity of electronic check holders and StarChek, a network of First Data Corp, which Checkgateway has been using since 1992, enables both physical and virtual retailers to route check verifications, online via the STAR Network, to the Primary Payment Systems, Inc. (PPS) databases and determine - in real time - whether a check is likely to be returned.

Checkgateway's Merchant Center, an ultra-streamlined online network, is an important valued added component. Checkgateway is the only processor that allows the merchant to fully customize its scoring system.

Most processors provide a template for authentication of customers. "We recognize that all merchants aren't created equal," continues Kirchhefer. "With our customized authentication scoring system, merchants can determine the level of risk that they are comfortable with."

Checkgateway has integrated advanced screening databases to ensure the highest level of integrity for online transactions. Naturally, a key concern for merchants is fraud. Checkgateway uses the best databases available to dramatically lower the incidence of fraud. Key features used to safeguard merchant's financial transactions are: check digit algorithms, bank-to-routing-number matching, account structure validation, negative check database, and velocity management. Checkgateway manages risk internally through its proprietary backend system, therefore they do not typically require a reserve from the merchant.

Checkgateway has:
-State of the art transaction search engines -Direct banking relationships
-Lucrative Reseller Program
-Attractive buy rates
-Competitive pricing

Checkgateway's service standards set the processor apart from its competition. With its user-friendly reporting, 24-hour customer service access, hassle-free access by phone during business hours and quick underwriting for new accounts are just a few reasons why Checkgateway stands out.

Checkgateway's products and services include:

• ACH Processing
With Checkgateway's Automated Clearing House (ACH) processing, financial transactions are cleared for merchants with an instantly verifiable, hassle-free, and secure system with reporting that is streamlined, instantaneous, and user friendly.

• FraudChek
Checkgateway's FraudChek products put the merchant in the driver's seat with the industry's first - and only - merchant-defined, weighted scoring system. The power and reliability of StarChek Network and Experian's database provide the base for Checkgateway's innovative fraud-busting FraudChek.

• ChekNow
Checkgateway's new ChekNow product allows merchants to easily and instantaneously convert a paper check to an electronic check at the point of sale.

• Recurring Billing Solutions
Merchants can create a wind-up-and-walk-away financial universe according to specific billing and payment processing needs.

• Credit Card Processing
Businesses are relying more and more on credit card transactions for a healthy bottom line. Checkgateway offers a competitively-priced credit card processing package that helps merchants shut out fraud, decrease the amount of time spent on reporting, and efficiently manage transactions.

About Checkgateway
Checkgateway, a leader and innovator in the Automated Clearing House (ACH) payment processing industry, has been an ACH service bureau since 1993. Checkgateway is an affiliate member of the National Automated Clearing House Association (NACHA), an organization charged with making operational rules for the ACH network. The firm's expert staff participates in numerous rules working groups that help devise modifications or additions to the ACH rules. This effort puts Checkgateway at the forefront of ACH payment processing. The company is based in Phoenix, Arizona.