BURNABY, BC, Nov. 13 /CNW/ - ESI Entertainment Systems Inc. ("ESI")
(TSX:ESY) a leading provider of secure payment processing services to
international e-commerce industries, today announced that its wholly owned
subsidiary, Citadel Commerce Corp., has commenced live operations of Citadel
Rapid Bank Transfer.
Citadel Rapid Bank Transfer is a revolutionary payment solution that
provides the capability for consumers to instantly and securely pay for
purchased items using local bank transfers, with real time notification of
funds receipt to the merchant. This is accomplished by the consumer logging
into their own Internet banking system and securely initiating a payment to a
Citadel owned bank account.
Citadel Rapid Bank Transfer is a new alternative payment solution that
supports an international base of banks without relying on traditional banking
infrastructure. It encompasses a payment interface that can be easily and
rapidly integrated directly into merchant sites, along with a sophisticated
fully automated backend that supports and reconciles a large network of
international bank accounts, handles foreign currencies, and supports
international treasury management functions.
"We are very pleased to have formed strategic relationships with a select
group of key large merchants, who have commenced using our new product for
international payment processing", stated Michael Meeks, President of ESI and
Citadel Commerce. "We feel Citadel Rapid Bank Transfer provides a very fast
and cost effective international payment solution which no other payment
processor or bank can offer. We have been able to create a world class
solution, and with ongoing guidance and input from our key merchants, we will
continue to enhance and evolve the product."
Citadel Rapid Bank Transfer presently supports real time payments from
Bulgaria, Denmark, Finland, France, Germany, Greece, Italy, Mexico, Norway,
Poland, Portugal, Romania, Sweden, Spain, and United Kingdom, with additional
countries constantly being added.
Citadel Rapid Bank Transfer is available for direct integration to
merchant sites for both debit and credit transactions, and is also available
via Citadel's myCitadel World Wide Wallet. Citadel also supports international
paper cheque payouts in local currencies drawn on local banks.
About ESI Entertainment Systems Inc.
ESI Entertainment Systems Inc. ("ESI") (TSX: ESY) provides products and
services to the international gaming and payment processing industries through
its three principal subsidiaries, Citadel Commerce Corp., ESI Integrity Inc.
and PlayLine Inc. ESI's products and services, which primarily consist of
payment processing, transaction monitoring and turnkey gaming platforms, are
deployed in the on-line and land based gaming markets.
For further information:
For further information: ESI Entertainment Systems Inc., Tony Greening,
Chief Executive Officer, Telephone: (604) 299-6922, email: email@example.com,