eTelcharge.Com and Dallas County to Pilot Test Traditional Merchant Services
Posted on: Thursday, 14 December 2006, 06:03 CST
eTelcharge.com (www.etelcharge.com) (OTCBB: ETLC), a diversified merchant services company, today announced that Dallas County will pilot test the Company's unique traditional merchant services utilizing kiosks in county buildings. The County is also considering the Alternative Payment System (Version 2.0) to assist citizens in preventing Internet Fraud and provide a viable payment option.
With millions spent per annum by citizens, paying property taxes, seeking copies of their birth certificates through the Office of Vital Records, paying parking tickets through the Department of Finance and other small transactions, eTelcharge is working with the County on building an on-site payment infrastructure.
The Company plans to, with the County, provide kiosks in county buildings that citizens can easily visit to quickly obtain and or rectify the abovementioned issues.
Lisa Hembry, the Dallas Country Treasurer, stated, "It is of the utmost importance to the County of Dallas to provide our constituents with efficient and fraud-free alternatives in order for them to resolve outstanding issues and/or purchase vital items with complete confidence. After an exhaustive assessment of eTelcharge's proposition we have chosen to pilot test this critical project with eTelcharge."
"We are honored to be working with the County of Dallas and their population of approximately 2,305,454 people. We hope to expand these types of service options to counties and cities nationally," stated Carl Sherman, CEO.
About eTelcharge.com
eTelcharge.com (www.etelcharge.com) (OTCBB: ETLC) offers the traditional credit card merchant services, checks and other existing financial infrastructure offered by banks, as well as the proprietary new online currency that will provide online shoppers the exclusive choice to charge approved transactions to their telephone bill. Designed to reduce the risk of identity fraud and identity theft by providing an Internet credit option for online shoppers to charge consumer transactions on the Internet. This payment option is a perfect match for the millions of individuals who do not own a credit card. eTelcharge.com started as the only company with the ability to charge a variety of products to the home phone bill. Clearly, past electronic commerce solutions have not employed effective security and privacy techniques that adequately address consumer concerns about privacy and security on the Internet today. The release of the latest version of the proprietary phone billing option is scheduled to be launched soon. For more information, go to http://www.eTelcharge.com.
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause eTelcharge.com, Inc. and actual results or outcomes to be materially different from those anticipated and discussed herein. These include its historical lack of profitability, limited working capital, the need for additional capital, end-use customers' acceptance of new products and actual demand, the need for eTelcharge.com, Inc. to manage its growth, and other risks associated.
Investor Contact: ir@etelcharge.com
SOURCE: eTelcharge.com, Inc.
Source: MARKET WIRE
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