| By Marketwired . |
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| April 14, 2008 01:00 PM EDT |
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VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 04/14/08 -- E-xact Transactions Ltd. (TSX VENTURE: EXZ) (www.e-xact.com), a leading provider of advanced payment gateway solutions, is pleased to announce that it has once again achieved full compliance with the Payment Card Industry (PCI) Data Security Standard (DSS).
Being PCI compliant assures that E-xact can offer payment solutions for merchants to manage their transactions online with our Realtime Payment Manager application, RPM.
PCI DSS was developed globally to ensure merchants and service providers adopt best practices to enhance their payment account security. For more information about the PCI DSS visit www.pcisecuritystandards.org.
"It's encouraging to once again be recognized for our efforts; we're very committed to our secure solutions along with our application's non-storing capabilities. It's because of these valued features that we endeavor to maintain compliance within an industry where data security is paramount," Peter Fahlman, President.
E-xact Transactions Ltd. is one of the largest Rails-powered financial services developers in the world. RPM handles over 30 million transactions each year from over 7000 users, worth $3 billion. With offices in Vancouver and Beijing E-xact is using Ruby on Rails to power payments everywhere. Watch for E-xact at the upcoming RailsConf in Portland, Oregon.
For more information on E-xact and its product offerings, visit www.e-xact.com.
Peter Fahlman, President
About E-xact Transactions Ltd.
E-xact is a fully PCI compliant provider of fast and secure online transaction solutions. Since 1998, we have been at the forefront of the emerging world of online exchange, with solid and secure transaction processing systems and superb customer service. E-xact specializes in real-time, secure movement of financial information through IP-based point of sale interfaces, providing quick, easy and affordable transaction solutions for merchants and corporate businesses.
The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. E-xact Transactions Ltd.'s actual results could differ materially from those expressed or implied by such forward-looking statement. Factors that could cause or contribute to such differences include but are not limited to competition, general economic conditions, currency fluctuations and other risks detailed in the Company's filings with the Canadian securities regulatory authorities.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
E-xact Transactions Ltd.
Peter Fahlman
President
(604) 691-1670 x 110
Website: www.e-xact.com
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