U.S.-based Payment Processor Announces Release of Next Generation Payment Processing Equipment

First American Payment Systems releases proprietary payment processing equipment enabling small- to medium-size merchants across the U.S. to be ready to accept next generation payments such as Near Field Communication (NFC) contactless payments and EMV smart cards.

Fort Worth, TX (PRWEB) February 29, 2012

First American Payment Systems, a leading merchant services provider, announces the release of the Xion 2.5. This new proprietary payment processing terminal is next generation with advanced features such as the capability of processing Near Field Communication (NFC) contactless payments and EMV smart cards.

“Mobile wallet technology is here,” said Rick Rizenbergs, Executive Vice President of Sales and Marketing. “Right now companies, such as Isis and Google Wallet, are gearing up to release their mobile wallet applications to consumers. First American is very excited to introduce our terminal to merchants so they are ready to accept this next generation payment type.”

The Xion 2.5 is a countertop terminal designed for small- to medium-size businesses. In addition to being ready to accept next generation payments, it is top-of-the-line in security, features a vivid full-color screen with graphic displays, has large easy-to-read buttons with a backlit keyboard, has an internal PIN pad, and it connects using either IP or dial-up.

“We wanted to develop a terminal for our merchants that is future-proof yet has improved basic functionality,” said Brian Dorchester, Senior Vice President of Operations. “Major card associations announced that they are adopting the use of EMV smart card technology to the U.S. by 2013. Our terminal is ready to handle this form of payment, when the time comes, and it will service a broad range of merchant needs.”

In addition to the Xion 2.5, other Xion products are available including an external PIN pad that is ready to accept NFC contactless payments. To learn more about the Xion line of products, visit http://www.itsepic.net.

About First American Payment Systems

First American Payment Systems, L.P., based in Fort Worth, Texas, is a merchant services provider and electronic payment processor for more than 140,000 merchants throughout the United States. In addition to credit, debit and EBT card processing, First American also offers a complete line of proprietary products and services to businesses and non-profits, including Secur-Chex® check services, FirstAdvantage® gift cards, FirstPay.Net™ e-commerce solutions, FirstFund® ACH software, Govolution® government e-payments, national ATM sales, and Merimac Capital® point-of-sale equipment and ATM leasing. For more information, visit http://www.first-american.net.

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