Wednesday, February 20, 2008

RentPayment implement Cardinal MAX™, the mobile platform from CardinalCommerce Corporation, to allow residents to make payments via their mobile phone

About Company:
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both mobile commerce and eCommerce. CardinalCommerce enables payment brands such as Verified by Visa, MasterCard SecureCode, PayPal, eBillme, Bill Me Later, Google Checkout, MyECheck, and NetCash (with Western Union and NACHA coming soon) to a network of over 32,000 merchants and thousands of banks. The Cardinal mobile platform leverages their merchant network, bank network and payment brands by linking them with end users' mobile phones through an integrated mobile platform.

About YapStone
YapStone, Inc., through its RentPayment™ division, is the largest electronic payments processor focused primarily in the property management industry. YapStone provides merchant processing and ACH services to over 1,000 property management companies, representing over 3 million units. YapStone’s technology includes a unified real-time Web-based platform for check scanning, credit card processing, and electronic check processing to the property management industry.

Recent Deal:
RentPayment, a division of YapStone, Inc., the country’s largest payment processor to the multi-family property market, announced today the implementation of Cardinal MAX™, the mobile platform from CardinalCommerce Corporation, to allow residents to make payments via their mobile phones.

Through the Cardinal MAX™ technology from CardinalCommerce, the worldwide leader in enabling payment brands for mobile and eCommerce, RentPayment’s student housing clients can now receive a monthly alert when their rent is due and trigger a payment via text message on their mobile phones. By linking the residents’ mobile phone to their payment accounts, the Cardinal MAX™ platform allows rental payments to be made anytime, anywhere, offering RentPayment’s customer base of over 3 million units revolutionary convenience and payment security.

More at:
Yapstone, Inc.
Tom Villante
(310) 458-9356
tvillante@rentpayment.com
www.rentpayment.com
CardinalCommerce
Tim Sherwin
(877) 352-8444
tims@cardinalcommerce.com

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