Electronic Payment Exchange (EPX)
EPX’s payment processing platform allows merchants to accept various forms of payment, including credit cards, debit cards, and ACH payments. The platform is fully integrated, meaning that transactions can be processed seamlessly and securely from start to finish.EPX acts as both a payment gateway and an acquirer, meaning that it facilitates the transfer of funds between the customer’s bank and the merchant’s bank. This allows merchants to receive their funds quickly and efficiently.In addition to traditional point-of-sale (POS) transactions, EPX also supports internet-related transactions, such as online shopping and e-commerce. It also supports self-service transactions, such as those found in kiosks and parking meters.EPX works with a wide range of businesses, including public utilities, retailers, e-tailers, and third-party processors. It also partners with merchant acquiring banks and independent sales organizations (ISOs) to provide payment processing services to their clients.Overall, EPX provides a comprehensive payment processing solution for businesses of all sizes, allowing them to accept a variety of payment methods and streamline their payment operations.