Electronic Cash Systems, Inc.

Press:

Electronic Cash Systems, Inc. hires industry veteran as Sales Vice President

Rancho Santa Margarita, California, March 5, 2009

Electronic Cash Systems, Inc. has hired Mark Davis to manage the ISO Sales Division at the company. Mr. Davis joins the company as Vice President of Sales and will be based at corporate headquarters in Southern California. Mark’s primary role is to develop and grow the “Independent Sales Office” channel of the business. He will focus on providing merchant services and solutions to the some of the top ISO’s across the country.

Mr. Davis was previously a Regional Sales Director at First Funds where he established the ISO channel and successfully recruited over 300 ISO’s producing $4M in monthly funding, prior to First Funds, Mr. Davis held the position of Executive Vice President of MBF Leasing, where he managed a significant portfolio of relationships and he was responsible for operational success of the business unit.

“We were ecstatic to be able to have someone of Mark’s caliber join our team, he comes to us with 15 years of industry experience, top notch skills, and talents that we have been on the search for” states, CEO Fadi Cheikha.

About Electronic Cash Systems, Inc.

Electronic Cash Systems, Inc. is a nationwide leader in merchant payment processing. The company services thousands of merchants across the U.S. with a variety of payment solutions including credit and debit card processing, ATM equipment and processing, remote deposit capture, check services, and ACH and check cashing solutions. Electronic Cash Systems, Inc. has been recognized by Inc. Magazine as one of the fastest growing companies in the country on numerous occasions, by the OC Business Journal, by Who’s Who of Business and by multiple industry wide publications and trades.

For more information, please contact:

Electronic Cash Systems, Inc.
Tel: 949-888-8580
Email: information@ecsatm.com
Website: www.ecsatm.com

Electronic Cash Systems, Inc. signs strategic relationship with IPP (In Person Payments for bill payment services in the U.S.

Electronic Cash Systems, Inc. an Electronic Payments Processing Solutions Provider recently signed a strategic relationship with bill payment technology company IPP (In Person Payments) to provide ECS merchants the ability to offer consumers the service of paying major bills including wireless, utilities and credit cards at store locations.

Fadi Cheikha, CEO and President of Electronic Cash Systems, Inc. states that this partnership is “a very important step in progress to offer cash preferred consumers the option to easily and conveniently pay most bills in a cost effective and convenient manner.”

Launched in 1993, IPP of America, Inc. operates the largest national network of independent neighborhood-based payment centers in the United States.

With over 8,000 IPP agents located in every major metropolitan area and most large cities, tens of thousands of people rely on our reliable, safe electronic payment services every day. In addition to walk-in bill payment, IPP offers prepaid long distance, prepaid wireless epins, and prepaid home phone services. And through IPP's unique Cross Border Bill Pay program, individuals can take advantage of our hassle-free technology to directly pay bills to utilities and other vendors in Latin American countries on behalf of family and friends living in those countries.

Electronic Cash Systems, Inc. is an electronic payments processing provider dedicated to delivering outstanding service, products and solutions that offer businesses and corporations a “one stop shop” for all of their payment processing needs. With Online Access to all of your payment processing services in one dashboard, Electronic Cash Systems, Inc. is ahead of our competitors. From Credit Card Processing, ATM sales and services, Remote Deposit, Check Services, Gift Card and Loyalty programs, Electronic Cash Systems, Inc. is able to provide stellar product and services to our clients ranging from Financial Institutions to corporate clients to small retail businesses and e-commerce businesses.

Electronic Cash Systems, Inc.
Tel: 949-888-8580
Email: information@ecsatm.com
Website: www.ecsatm.com

Electronic Cash Systems, Inc. signs distributor agreement with Valid Systems to offer government and payroll check cashing to consumers

Electronic Cash Systems, Inc. an Electronic Payments Processing Solutions Provider recently signed a strategic relationship with leading check verification and check cashing solution provider Valid Systems to sell, support the Valid Systems solution. The product combines PC technology with a very sophisticated biometric and presentment technique, the solution can be run by any retail location staff member and can provide check cashing to a consumer all in less than around ten seconds.

Fadi Cheikha, CEO and President of Electronic Cash Systems, Inc. states “we have been looking for a solution to offer our merchants who have a need to cash payroll and government checks for the last 3 years, the Valid system provides ease of use, speed and the most important component of being able to safely verify and validate the consumers who presents the check, we are very much looking forward to a great relationship with Valid Systems.

Headquartered in Fort Worth, Texas, VALID Systems offers America’s leading automated check cashing and verification solutions. Its products are deployed coast-to-coast; its customers include top banks, financial services companies and retailers. Local and regional businesses also appreciate VALID’s fast, flexible, low-cost approach to attracting and serving new and underbanked consumers.

Electronic Cash Systems, Inc.
Tel: 949-888-8580
Email: information@ecsatm.com
Website: www.ecsatm.com

Electronic Cash Systems, Inc., in an effort to meet customer need, has developed a desktop remote deposit technology (check 21) with other leaders in the industry. This technology allows customers to remotely deposit checks by taking an image of the check on both sides and presenting it through the Federal Reserve for clearing.

Check 21 initiatives have become a significant portion of ECS’ offering, and the company is currently clearing over $300M in checks monthly by providing this technology to its customers. ECS’ customer list includes Saddleback Church in Lake Forest, Ca., which used to manually process over 15,000 checks per month.

“This technology allows our organization to easily make deposits, reduce bank charges and increase productivity by eliminating trips to the bank it also gives us a great research tool where we can access any check image, and review it for accuracy in a matter of seconds," says Brad Hartke from Saddleback Church.

Electronic Cash Systems, Inc. is a nationwide leader in merchant payment processing. The company services over 10,000 merchants across the U.S. with a variety of payment solutions including credit and debit card processing, ATM equipment and processing, remote deposit capture, check services, and ACH and check cashing solutions. Electronic Cash Systems, Inc. tailors their services.

Electronic Cash Systems, Inc.
Tel: 949-888-8580
Email: information@ecsatm.com
Website: www.ecsatm.com

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