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Checkgateway Offers Reseller Promotion - 60/40 split

Phoenix, AZ – July 26, 2005 -- Checkgateway, a leading provider of electronic payment and innovator in the Automated Clearing House (ACH) payment processing industry, announced today that it is offering one of the most attractive reseller incentive campaigns in the industry. As of today through September 30, every merchant that a reseller signs up to Checkgateway will earn the reseller a 60/40 split above the buy rate for the life of the contract.

Typical reseller commission is a 50/50 split above the buy rate.

“We hope resellers will take advantage of our special limited offer who sign up merchants for our payment processing during this timeframe,” says John Kirchhefer, President, Checkgateway.

Checkgateway 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.

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.


Merchant Center:
Checkgateway's Merchant Center is an ultra-streamlined online network that is available 24/7. Customers can keep tabs on sales, manage billing and settlements, and create reports. Establish and modify settings for recurring billing or FraudChek. And of course, the virtual help desk is always on call for support needs.

Recurring Billing Solutions:
With CheckGateway’s Recurring Billing Solutions, customers can create a wind-up-and-walk-away financial universe according to their specific billing and payment processing needs. If and when needs change, customers can take advantage of MerchantCenter to reset payment schedules in a flash.


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. 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. The company is based in Phoenix, Arizona. For more information contact 480-785-2262 see www.checkgateway.com.

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