ProPay Named ETA "ISO of the Year"

ProPay Receives 2010 Electronic Transactions Association (ETA) “ISO of the Year Award”

-ProPay Receives Prestigious Award for Contributing to the Advancement of the Payment Industry, Providing Innovative Products and Services, Driving Growth and Maintaining Excellent Ethics-

LEHI, Utah--(BUSINESS WIRE)--ProPay (www.propay.com), an industry leader in End-to-End Payment Security, credit card processing, and electronic payment services, is pleased to announce it has been selected as the 2010 ETA “ISO of the Year”. This announcement came during the President’s Dinner last week at the 2010 Electronic Transactions Association (ETA) Annual Meeting and Expo in Las Vegas, NV.

“Being named ISO of the Year is a tremendous honor”

“ProPay is a pioneer in data security and PCI compliance. They have moved the payments industry forward by using technology to increase merchant compliance and manage risk. They've also exhibited a strong commitment to alternative payments and other value-added strategies. For these reasons ETA is proud to name ProPay as the recipient of ETA's ISO of the YEAR Award,” said Carla Balakgie, CEO, Electronic Transactions Association.

“Being named ISO of the Year is a tremendous honor,” said Gary Goodrich, President and CEO of ProPay. “Our focus has always been on providing simple, safe and affordable merchant payment solutions. As a result, we were one of the first companies to recognize the need for End-to-End Payment Security utilizing encryption and tokenization. Our ProtectPay® product was one of the first commercially viable payment security solutions in the industry to offer these capabilities. We are pleased to be a member of the ETA and to have our efforts recognized with this prestigious award.”

For more information about ProPay’s End-to-End suite of products and services, visit www.propay.com.

About ProPay

Since 1997, ProPay has led the market in providing simple, safe and affordable credit card processing and electronic payment services for businesses ranging from the small, home-based entrepreneur to multi-billion-dollar enterprises. ProPay is leading the industry as a provider of complete End-to-End Payment Security solutions through robust encryption and tokenization which reduces, and may even eliminate, the business’ risk of having sensitive payment data compromised. ProPay is a privately held company, headquartered in Lehi, Utah. For information, visitwww.propay.com/pressroom.

About ETA

The Electronic Transactions Association is an international trade association representing companies who offer electronic transaction processing products and services. The purpose of ETA is to influence, monitor and help shape the merchant acquiring industry by providing leadership through education, advocacy and the exchange of information. ETA's membership spans the breadth of the payments industry from financial institutions to transaction processors to independent sales organizations (ISOs) to equipment suppliers.

Contacts

ProPay, Inc.

Scott Nelson

Scott.nelson@propay.com

(801) 341-5660

or

Snapp Conner PR

Clay Blackham or Josh Berndt

clay@snappconner.com or josh@snappconner.com

(801) 994-9625

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