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FundsTech signs Atlas Merchant Services as distribution partner

31 July 2007  |  1705 views  |  0 Source: FundsTech

FundsTech Corp (OTC Bulletin Board: FNDS) a financial services company announced today that it has added Atlas Merchant Services (Atlas) as a Strategic Partner.

Atlas, a leading merchant account and healthcare processing service provider, processes millions of dollars monthly. As a Strategic Partner they will distribute FundsTech's suite of products globally. Prepaid products include payroll, gift, travel and teen card programs. Atlas will also distribute cards providing business-to-business solutions.

Joe Tumbarello, COO of FundsTech Corp, stated, "We are very excited to have Atlas and Vic Gerber's team join our growing group of Strategic Partners. Gerber has repeatedly proven his ability to rapidly grow transaction based businesses with attractive margins and superior customer retention. Atlas will immediately begin implementation of our card solutions into their existing client base."

Vic Gerber, CEO of Atlas Corp stated "After analyzing various providers we have chosen to implement FundsTech Corp's solution into our marketplace. The decision was based on production functionality and the skill of their management team."

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