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Avanquest Small Business Finance Programs Integrate Credit Card Payment Processing

Posted on: Thursday, 7 July 2005, 12:00 CDT

PLEASANTON, Calif., July 7 /PRNewswire/ -- Avanquest Software, a global developer and publisher of mobility, productivity and utilities software, today announced that merchant credit card account functionality from Cardservice International will be integrated into the MySoftware line of small business productivity products beginning in August. The new payment processing services will be included as part of the MyInvoice & Estimates and Bookkeeper billing and accounting applications, which are available at more than 10,000 retail outlets across North America.

The Cardservice functionality enables small business users of Avanquest's finance software to establish a merchant credit card account and process customer payments online with immediate notification of insufficient funds and automatic payment scheduling. Other services available from within the product provided with a Cardservice merchant account are:

* Automatic use of strong encryption to protect your customer credit card information

* Distribution of credit card payments against outstanding invoices * Easy tracking of all credit card transactions processed in the software * Processing of credit card refunds for returns and credits

Creating a merchant account also allows the user to access LinkPoint Central, Cardservice's portal for merchant transaction processing. From the support center, merchants can manage their accounts by monitoring all account activity, checking transaction settlements and viewing detailed transaction and activity reports.

About Avanquest Software

Avanquest Software is a global developer and leading publisher of best- selling personal and professional software designed for utilities, office productivity, communications and mobility worldwide. Avanquest Software products are marketed in over 100 countries, through e-commerce, OEM partnerships and IT resellers. Founded in 1984 as BVRP Software and listed since December 1996 on Euronext (ISIN FR0004026714), Avanquest Software forms part of the Eurolist, NextEconomy segment and SBF 250 index. Additional information on Avanquest Software is available at http://www.avanquest.com/ .

About Cardservice International

Cardservice International is a wholly owned subsidiary of First Data Corporation (FDC). Established in 1988, Cardservice International currently processes more than $10 billion in annual credit card volume and more than 125 million transactions annually for its customer base of 200,000 merchants. Cardservice has more than 500 corporate employees, more than 400 independently owned sales offices and more than 2,800 sales representatives nationwide. Cardservice provides advanced risk management and delivers 24/7 customer service in more than 140 languages and dialects. First Data Corporation, with headquarters in Denver, helps power the global economy. Serving more than 2.8 million merchant locations, 1,400 card issuers and millions of consumers, FDC makes it easy, fast and secure for people and businesses to buy goods and services, using virtually any form of payment. For more information about Cardservice International visit http://www.cardservice.com/ .

Avanquest Software

CONTACT: Media, Perry Athanason, The Pen Group, +1-305-529-1944, orperry@thepengroup.com, for Avanquest Software

Web site: http://www.avanquest.com/http://www.cardservice.com/

Source: PRNewswire

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