3PEA International, Inc. (OTCBB:TPNL),
a vertically integrated leader in tokenized payment processing focusing
on the creation and implementation of innovative prepaid card programs
for corporate, consumer and government applications, today announced the
successful implementation of its PaySign® prepaid solution for The
Interstate Companies, Inc. All 23 Interstate plasma donation centers are
live and utilizing the PaySign® prepaid solution as their exclusive
donor payment method.
“We are confident and comfortable to have 3PEA as our payment solution
provider. 3PEA took the time to understand our needs and delivered the
comprehensive payment and data solutions we envisioned,” said Lenny
Goodman, Director of Information Technologies at The Interstate
Companies. “Throughout the entire process, from program conception to
development to implementation, 3PEA’s level of responsiveness, quality
of work and attention to detail went far beyond our expectations. Since
the beginning of implementation in early September, we have experienced
a significant increase in card payment program uptime, allowing us to
process our donors more efficiently. Everyone at The Interstate
Companies, from Accounting, Operations, Information Technology to center
operators and managers are extremely happy with 3PEA and the customized
PaySign® prepaid solution they have provided. Most importantly, the
feedback from the donors has been exceptionally positive.”
3PEA delivered the comprehensive PaySign® prepaid solution, which
includes the “PaySign Connect,” an intuitive, easy-to-use, fully
tokenized platform tailored to the unique requirements of the plasma
collection industry. The PaySign Connect portal can run as either a
standalone, web-based solution or can be fully integrated with existing
donor management systems. The PaySign Connect portal securely stores
donor information and donation history, including volume range, weight
group, donor type, donation frequency, notes, and other pertinent
fields. 3PEA’s customized reports simplify accounting procedures, reduce
administrative costs, streamline operations, increase efficiency, and
help maintain compliance requirements. Adding a dimension far beyond
simple financial accounting and funds reconciliation, the PaySign®
solution provides a level of business analytics previously unavailable
from existing payment card programs.
The PaySign prepaid solution also includes the PaySign® Interstate Visa®
Prepaid Card that can be used anywhere Visa is accepted. Plasma donors
can access their account information using the PaySign kiosk located at
any Interstate donation center, a dedicated cardholder website, an
Interactive Voice Response (IVR) system, SMS alerts, two-way SMS, or by
calling 3PEA’s in-house bilingual customer service center, staffed
24/7/365. The customized PaySign prepaid solution was built with the
goals of improving donor retention rates and overall donor satisfaction.
“3PEA is pleased to be providing our customized PaySign® Connect
portal and prepaid card solution to The Interstate Companies,” said Mark
Newcomer, Chairman and CEO of 3PEA International. “As we continue to
gain market share in this rapidly growing industry, 3PEA is committed to
maintaining the highest standards of quality and service, the
cornerstone of our business. We look forward to a long and successful
relationship with The Interstate Companies and their donors.”
About 3PEA International
3PEA International (OTCBB:TPNL) is an experienced and trusted prepaid
debit card payment solutions provider as well as an integrated payment
processor that has millions of prepaid debit cards in its portfolio.
Through its PaySign brand, 3PEA designs and develops payment solutions,
prepaid card programs, and customized payment services. 3PEA manages
programs for many of the world’s largest pharmaceutical manufacturers
with copay assistance products designed to maximize new patient
acquisition, retention, and adherence. 3PEA’s corporate incentive
prepaid cards are changing the way corporations reward, motivate, and
engage their current and potential customers, employees, and agents.
3PEA’s customizable prepaid solutions offer significant cost savings
while improving brand recognition and customer loyalty. 3PEA’s customers
include healthcare companies, major pharmaceutical companies and source
plasma providers, large multinationals, prestigious universities, and
social media companies. PaySign is a registered trademark of
3PEA Technologies, Inc. in the United States and other countries. For
more information visit us at www.3pea.com
or follow us on Twitter
and Facebook.
About The Interstate Companies
The Interstate Companies is a group of nine Whole Blood centers,
twenty-three plasmapheresis centers, and a laboratory which provide
human blood and/or blood components to the therapeutic and diagnostic
industries. The Interstate Companies has been in the Whole Blood and
Plasmapheresis business since 1949. The Company has locations in
fourteen states with Corporate Headquarters in Memphis, Tennessee. The
Interstate Companies was one of the founding firms of American Blood
Resources Association (ABRA), now Plasma Protein Therapeutics
Association (PPTA). At least one the Company’s corporate officers has
served on its board of directors since its inception in 1971. The
Interstate Companies’ customer base consists of leading manufacturers
and innovators of research and development in the medical and scientific
industries, not only on a national level, but in the international
market as well. The Company is licensed and audited by the U.S. Food and
Drug Administration (FDA). Each of the Company’s plasmapheresis centers
are IQPP (International Quality Plasma Program) certified. For more
information visit us at www.interstatebloodbank.com.
Forward-Looking Statements:
Certain statements in this news release may contain forward-looking
information within the meaning of Rule 175 under the Securities Act of
1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are
subject to the safe harbor created by those rules. All statements, other
than statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and objectives
of the companies, are forward-looking statements that involve risks and
uncertainties. There is no assurance that such statements will prove to
be accurate, and actual results and future events could differ
materially. 3PEA undertakes no obligation to publicly update or revise
any statements in this release, whether as a result of new information,
future events, or otherwise.
Copyright Business Wire 2014