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May 17, 2011

Press Release

Media Contact:
Afshin Yazdian, President

Priority Jumps Ten Spots in the Nilson Report

Processor continues to climb payment industry rankings

Alpharetta, GA-based Priority Payment Systems, one of the fastest growing electronic payment processors in the nation and provider of next generation bank card solutions, continues its ascent by rising ten spots to # 47 in the most recent filing of the payment industry's Nilson Report.

Priority currently processes over $450MM bank card volume per month, equating to an estimated run rate of over $5.4 Billion for 2011. As a key competitor in the payment processing industry, Priority's clients have benefited from the company's focus on service, including eliminating phone menus and providing a live person in less than 4 rings. This focus has resulted in a total merchant portfolio of 26,000 merchants, organically originated, in under 6 years. "Our specific dedication to our sales and merchant clients has yielded peerless results," says John V. Priore, President & CEO. "We are proud yet humbled by the response of providing great service to our clients."

Priority Payment Systems enables merchants to accept credit cards, debit cards, gift cards, electronic checks and check conversion. Sales efforts focus on credit card merchant acquisition through Independent Sales Organizations (ISO), Sales Agent offices, Financial Institutions, Independent Contractors, and Referral Partners.

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