This relationship will provide PAI's financial institution partners and business clients with access to Ruesch International's suite of payment and foreign exchange solutions including, payment systems consolidation, domestic and international ACH services and domestic and international wire transfer and foreign exchange services.

"PAI has demonstrated the necessary industry innovation and market leadership to deliver Ruesch International's business payment solutions to its clients and channel partners. Ruesch International's exceptional payments infrastructure will provide a new suite of valued services to PAI's clients," said John M. Perry, Executive Vice President, Global Sales and Marketing of Ruesch International. "Ruesch International is strengthening PAI's product offering by providing valuable tools to build and extend relationships with their most valuable customers."

"As we continue to provide strategic solutions for our financial institutions and businesses, we must expand the diversity of our offerings," said John J. Leehy III, President & CEO of Payment Alliance International, Inc. "As more businesses are looking for ways to lower costs and increase efficiencies regarding payment solutions, our alliance with Ruesch International will allow us to provide our financial institution clients and their business customers with value-added solutions. The web-based foreign exchange outsourcing solution is a valuable tool as more businesses are entering global markets."