Franchise Payments Network Partners with Choice Hotels International
National Franchise Supplier Delivers Out-of-the-Box Technology Services
August 29, 2007 // Franchising.com // Orlando, Fla. - Franchise Payments Network (FPN), the only electronic payments processing company to focus solely on the franchise segment, has recently become a qualified vendor for Choice Hotels International to offer their services to more than 5,400 hotels, in the United States and 39 countries and territories with cost-effective technology that can help streamline payment processing for their franchisees.
FPN combines the buying power of all clients to achieve a more cost-effective solution for a franchise system. By processing with three of the top five credit card processing services in the nation, FPN is uniquely positioned to offer franchisees the ability to select the best possible solutions for their systems. Working as a liaison to ensure maximum penetration of these services into the system, FPN focuses on the complete customer support and satisfaction.
"FPN is standing at the forefront of technology and innovation, paving the way as the nation's leader in electronic payments processing for franchisors and their franchise systems," said Thomas Epstein, president and CEO of Franchise Payments Network. "We make it possible for our clients to take advantage of the best products and services from the top processors in the country and to customize a world class solution that meets their needs both domestically and internationally."
"FPN offers an array of valuable solutions for the franchise segment, but the key benefit they offer our franchisees is the flexibility of having several options in regards to their ATM systems," said Paul Payette, senior director of new business development, brand solutions, Choice Hotels International.
In addition to standard Credit and Debit Card processing FPN's featured services that are "powering" new capabilities for franchisees include:
· ATMs – Placement and servicing of ATMs for Lodging and Restaurant franchises.
· Automated Royalty Transaction (ART) – Enabling Franchisors to conduct sales and royalty payments online.
· Merchant Cash Advance - Gain access to tomorrow's sales today by getting an advance against future credit card receivables. This is a great option for franchisees looking to remodel or grow their business, but can not acquire enough funding through traditional means.
· PCI Security Testing- Payment Card Industry Data Security Standard (PCI DSS) is a set of security requirements that are mandated by the top credit card organizations. Through FPN's testing, franchise systems can protect brand equity, reduce liability for their franchisees, promote a Secure Shopping Environment for Customer, and more.
· Wireless Processing – Now service industries can accept client payments at the work site allowing the franchisee to save money by taking advantage of the lower "Swiped" rates.
About Franchise Payments Network (FPN)
Franchise Payments Network is the only electronic payments processing company that focuses entirely on the franchise industry. A partner with three of the top five processors, FPN gives its franchise clients the flexibility to customize a solution that best suits the needs of the franchise system. Services include ATMs, Automated Royalty Transactions, Processing Credit and Debit Cards, Gift/Loyalty Cards, Electron Checks, Merchant Cash Advances and Payroll cards. To learn more about becoming a member of the network, please contact Thomas Epstein, CEO, Franchise Payments Network at (866) 420-4613 ext 1103 or visit www.franchisepayments.net.
About Choice Hotels
Choice Hotels International franchises more than 5,400 hotels, representing more than 440,000 rooms, in the United States and 39 countries and territories. As of March 31, 2007, 833 hotels are under development in the United States, representing 64,078 rooms, and an additional 70 hotels, representing 6,463 rooms, are under development in more than 15 countries and territories. The company's Cambria Suites, Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites and Suburban Extended Stay Hotel brands serve guests worldwide.
Additional corporate information may be found on Choice Hotels Internet site, which may be accessed at www.choicehotels.com.
###

ADVERTISE | SPONSORED CONTENT |
ADVERTISE | SPONSORED CONTENT |