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Merchant e-Solutions
Launches Web Site
Leading-Edge Payment Processing Technologies for
Community Banks & Merchants
June 21, 2000
Redwood City, CA - Payment solutions provider
Merchant e-Solutions announced today the launch of its
web site at www.merchante-solutions.com.
The site provides banks with a variety of tools, including
elaborate Internet-based reports on everything from transactions
to profitability to billing, and online systems for submitting
and tracking the setup of applications for merchant accounts.
Merchants can also use the web site to apply for a merchant
account, view daily transaction reports and monthly statements,
and order equipment and supplies.
With an executive management team comprised of managers
formerly responsible for one of the largest payment processing
businesses in the country, Merchant e-Solutions has focused
its attention on providing services for smaller, community
banks. "Large payment processors dominate the market and
generally focus their resources on large bank and merchant
clientele," says CEO and President, Sharif Bayyari. As
a result, the needs of smaller, local banks are sometimes
overlooked. But the needs of these community banks and
merchants are the sole focus of Merchant e-Solutions.
"We intend to provide banks with far more than payment
processing solutions," says Bayyari. "We'll help promote
a bank's brand by providing bank-branded materials, like
sales collateral, account applications, and more."
"Plus," says Bayyari, "we intend to be a payment processing
innovator." In addition to providing a full set of traditional
and Internet-based payment processing solutions for general
retailers, restaurants, hotels, motels, direct marketers,
and more, Merchant e-Solutions also intends to provide
new, innovative services that meet both physical and virtual
payment processing needs through a single solution.
Merchant e-Solutions was founded in 1999. Company headquarters
are located in Redwood City, with satellite offices in
Florida, Spokane, Washington, Southern California, and
a number of other locations.
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