LAS VEGAS, Nevada., 11/1/2005
ELLEIPSIS SELECTS RETAIL DECISIONS FOR GLOBAL PAYMENT TRANSACTION PROCESSING
Elleipsis, Inc, an innovative provider of aggregated
travel web services, announced today that it has signed a reseller agreement
with Retail Decisions (ReD), an international provider of payment processing and
risk management services. Elleipsis will provide ReD’s payment processing
service, the ReD1 GatewayTM, to its customers. Elleipsis' customers who will
integrate their web travel application with TravelTalk Web Services, will be
able to get access to the ReD’s payment gateway. The agreement between Retail
Decisions and Elleipsis will enhance Elleipsis’ ability to provide safe,
reliable and secure payment methods to its customers. After looking at a wide
range of players in the payment processing space, it was clear that ReD’s
reliability, functionality and expertise suited our needs the best,” said
Elleipsis' Executive Vice President Monish Luthra. “With millions of
transactions each year it’s essential that Elleipsis provide a secure, reliable
and functionally rich service that expedites the processing of transactions.
ReD’s experience and reputation in servicing blue-chip merchants combined with
its technological know-how will facilitate our online transaction processing to
ensure the highest standard of customer service.”.
Blue-chip clients of ReD’s payment processing and fraud screening services
include Travelocity, Hotwire.com, GSI Commerce, Register.com, PaySystems,
RealNetworks, ShopNBC and Netflix, among others.
About
Retail Decisions:
Retail Decisions (ReD) is an international
electronic payment transaction services business
that provides fraud prevention, enterprise-wide
payment processing and value-added transaction and
consulting services to the retail, finance,
telecommunications and e-commerce sectors. ReD is
able to predict and prevent payment card fraud,
process high volumes of credit card and electronic
check transactions and has a platform for a full
range of transaction based value-added services.
ReD has more than 16 years experience in payment
card risk management and processing services with
operations in the United States, Europe, South
Africa and Australia.
Retail Decisions plc is listed on the London Stock
Exchange (LSE: RTD). For more information regarding
Retail Decisions, visit www.redplc.com or
www.red-usa.com.
About
Elleipsis:
Elleipsis, Inc is headquartered in Las Vegas, Nevada
with development offices in Miami, Florida. The
company provides travel web services based on the
Open Travel Alliance (OTA) specifications for the
travel industry. Elleipsis' products include
TravelTalk Web Services and TravelTalk Integration
Server. TravelTalk is a multi-GDS platform with
additional connections to other travel suppliers and
content providers. Current customers of Elleipsis
include Amadeus North America, Conducive Technology,
Euroflightpass.com, M2B World Travel and Traveltek.
For Elleipsis Media inquiries please contact:
Shaila Arora
Thinkbig Media for Elleipsis
Phone: 949-330-6065
Mobile: 310-749-5006
E-mail:
shaila@thinkbigmedia.com