ELLEIPSIS ANNOUNCES AGREEMENT WITH GLOBALCOLLECT TO PROVIDE ELECTRONIC PAYEMENT SERVICES

Elleipsis, the premiere provider of aggregated travel web services based on the OpenTravel™ Alliance (OTA) specifications, announced today that it has signed an agreement with GlobalCollect, the leading  Payment Service Provider of local payment solutions for international businesses.

Through this agreement, Elleipsis will represent GlobalCollect as an agent and will facilitate integration of GlobalCollect payment gateway solutions with the Elleipsis TravelTalk® suite of products. 

While most providers limit their payment services to a technical link with payment acquirers (also known as gateway processing), GlobalCollect provides a complete service which includes the contractual and technical connections to local payment processors worldwide, bank account network management, matching, reporting and finally the fund remittance. Their clients save precious time and costs and, as a result, have sole focus on their core business.

Each step of the travel process can be planned and booked online, hours before departure or months in advance.  With TravelTalk and GlobalCollect, Elleipsis customers offer locally accepted and preferred payment methods, and their consumers feel secure in paying for their trips. 

About GlobalCollect:
GlobalCollect is the leading  Payment Service Provider of local payment solutions for international businesses.  Their expertise in electronic payment methods (e-payments) for Customer Non-Present (CNP) businesses such as  internet, mail, telephone order is greatly valued by clients from a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online games, and digital content.

About Elleipsis:
Elleipsis, Inc a Nevada corporation provides travel booking solutions and web services based on the OpenTravel™ Alliance (OTA) specifications for the travel industry. Elleipsis' products include TravelTalk Web Services and TravelTalk Portal.

TravelTalk Portal is a travel booking and content portal providing automation of travel reservations that is built upon the TravelTalk platform. 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, Costamar Travel and M2B World Travel.

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