Zipmark Partners with CardinalCommerce to Bring the 21st Century Checkbook to Thousands of Businesses

New York, NY, June 21, 2012 --(PR.com)-- Zipmark, the 21st Century Checkbook, has partnered with CardinalCommerce Corporation, the world leader in enabling remote commerce (internet, mobile, etc.), to offer Zipmark Payments to Cardinal’s 75,000+ online merchants. This partnership expands Zipmark’s reach following recent partnerships and integrations with Singular Payments, UnitConnect, InvoiceASAP, Eastmedia, and Sunshine Suites.

“CardinalCommerce shares our goal of simplifying how businesses get paid and distribute money,” said Zipmark CEO and co-founder Jay Bhattacharya. “Like Cardinal, Zipmark views the billing and operations challenges that businesses face every day as a major opportunity and our goals are to eliminate these inefficiencies so that businesses can focus on doing business.”

Zipmark is a real-time, easy-to-use payment option that enables businesses to accept payments from their customers’ checking account, and to disburse payments with a real-time API, the first disbursement API of its kind. Zipmark enables merchants to receive funds faster and eliminates the manual administrative efforts currently required to distribute payments to suppliers.

“Zipmark Payments will enable Cardinal’s merchants to accept and disburse risk free digital checks,” said Colt McCutcheon, Vice President, Global Sales CardinalCommerce. “Launching this service adds unique value to our eCommerce and mCommerce platforms.”

About Zipmark
Zipmark, the 21st Century Checkbook, seeks to remove barriers between people and their money by providing a unique, real-time service for payments and disbursements. Built on patented eCheck processing software, Zipmark eliminates settlement delays and returned items. Zipmark was launched in 2010 by former Citi Group executive, Jay Bhattacharya and Jake Howerton, and is based in New York City.

Zipmark
Contact: Seth Harlem
Vice President, Partnerships
646.723.4060
seth@zipmark.com

About Cardinal Commerce:
CardinalCommerce has been a pioneer in the remote payments industry since 1999 and is a branded global leader in enabling authenticated payment transactions in the electronic commerce and remote commerce markets.

Cardinal’s SaaS software platforms for merchants, banks, processors and transaction supply chain providers create friction-free interoperability among otherwise disparate and incompatible operating systems. Cardinal’s platforms enable technology-neutral authentication across a wide range of applications. The Company’s proprietary, patented solutions easily facilitate the addition of new technology for remote distribution channels through a single connection. This allows merchants to securely accept payments from the entire financial transaction ecosystem.

The universe of payments spans from traditional credit and debit card brands like MasterCard and Visa, to established and emerging alternative payment brands like PayPal™, Green Dot®, and Alipay. In accommodating this growing number of payment brands and methods, and these technology and authentication approaches within legacy infrastructure, Cardinal’s platforms serve as universal switches, supporting virtually all merchant platforms, wallets, processing systems and authentication methodologies.

CardinalCommerce is headquartered in Cleveland, Ohio and services a worldwide Customer base from facilities in the United States, Europe and Africa. For more information, visit www.cardinalcommerce.com.

CardinalCommerce
Contact: Colt McCutcheon
Vice President, Global Sales
CardinalCommerce Corporation
877.352.8444
cmccutcheon@cardinalcommerce.com