Archive for November, 2007

News Release: E-xact Files its Q3 2007 Statements on SEDAR

Friday, November 30th, 2007

Vancouver, BC - November 29, 2007 - E-xact Transactions Ltd. (TSX VENTURE:EXZ) - (www.e-xact.com), a leading provider of secure payment gateway solutions, announces that it has filed third quarter statements ending September 30, 2007 on SEDAR.

To review this and all other documents, please visit the company’s profile on SEDAR, www.sedar.com.

“Peter Fahlman”

Peter Fahlman, President

The statements which are not historical facts contained in this release are forward–looking statements that involve risks and uncertainties. E-xact Transactions Ltd.’s actual results could differ materially from those expressed or implied by such forward-looking statement. Factors that could cause or contribute to such differences include but are not limited to competition, general economic conditions, currency fluctuations and other risks detailed in the Company’s filings with the Canadian securities regulatory authorities. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

E-xact to Participate in Free Geek Vancouver’s Hardware Drive

Thursday, November 29th, 2007

We’re no longer located in Gastown but from across the downtown core E-xact will be participating in a very unique event, benefitting a great cause.

The Gastown tech community is organizing a “Free Geek” Hardware Drive. On Friday, Dec 7th, participating Gastown tech business will donate their old, unneeded hardware to Free Geek, a non-profit that “helps the needy get nerdy.”

Clear your life of your unused hardware, and help a very worthy non-profit in the process! All donated items are sorted for usefulness and if necessary, either refurbished or recycled in their volunteer program. Useful refurbished items are donated to deserving volunteers and non-profit organizations. [Strutta]

E-xact is looking forward to not only beautifying our new Yaletown location, while also lending a hand in support of local non-profit organizations.

For more information about Free Geek, you can visit their website or to find out more about E-xact’s participation, please feel free to contact us.

E-xact is on Facebook

Tuesday, November 27th, 2007

Are you a fan of E-xact? Using Facebook’s social media powers, we’d actually like to know.

You can stay on top of E-xact events, browse photos, videos and show all your friends that you’re into secure payment processing, cutting-edge Ruby application design, or even one of the great people who make this company work.

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Visit us on Facebook today!

Screencast Demo #4 - E-xact Overview

Tuesday, November 27th, 2007

The latest in the E-xact screencast demo series is a promotional video, produced for participants of the recent Step Ahead Conference in Texas. It serves as an introduction to E-xact’s services, products and tools.

Find out more about E-xact’s products and services on our solutions page, read the latest updates in our newsroom or browse our new PCI blog.

E-xact’s Secure Solutions

Monday, November 26th, 2007

You can begin securely processing, tracking, scheduling and reporting transactions using E-xact’s solutions, here’s how:

Acquirers

We let you add an entire suite of online payment processing solutions to complement your existing offerings. All our products can be branded and customized to suit your processing needs.

Merchants

Process transactions through your website or desktop application using our PCI-secured solutions such as: Virtual Point of Sale, Batch and Recurring processing, which are all a part of RPM.

Developers

From desktop applications to Web Services, E-xact has developers covered with our library of components and applications. Download free E-xact software, and you’ll have a working e-commerce solution of your own before you know it!

PCI Blog - Compliance Series: Part Five

Friday, November 16th, 2007

We’ve talked a lot about big businesses like Tier 1 providers, who do over 6 million transactions a year, but what about compliance for the little guys? For the mom n’ pop establishments out there?

While browsing a daily read of mine over at the Braintree Blog I came across the following, which was produced by the Retail Solutions Providers Association. The video below takes a look at this issue - it’s about 12 minutes long but definitely worth viewing.

Part One:

Part Two:

“Upwards of 60% of consumers won’t go back to a place that’s breached their credit card data”

    Action items noted:

  • Make sure your point of sale system has a firewall
  • Make sure patches are up to date
  • Install anti-virus software
  • Change passwords often
  • Turn off remote access when not needed
  • Stay educated
  • Contact your POS provider to see what exactly you are storing on your system
  • “If you don’t need it - don’t store it!”

How does E-xact fit in?

In the video Jennifer Fischer, the representative from Visa, suggests one of the steps merchants should take toward PCI Compliance is to visit the Visa website and view their list of compliant providers. Sure enough you’ll spot E-xact listed in this directory.

The message of the video is clear, the liability is with the retailer and it’s up to the merchants to make sure they have the right equipment, software and systems in place to protect themselves from attacks. This starts with having the right tools but also with education about the importance of non-storage of data, something that we’ve made sure to include in our Realtime Payment application, RPM.

*The deadline for compliance of Tier 2 companies (those who process between 1 and 6 million transactions a year) is December 31, 2007.

To learn more, visit the PCI DSS website, or read E-xact’s other PCI Blog posts.

News Release: E-xact Launches Batch Management as the Latest Feature of RPM

Thursday, November 15th, 2007

Vancouver, BC – November 15, 2007 - E-xact Transactions Ltd. (TSX VENTURE:EXZ), adds Batch Management to its growing list of online payment processing solutions all included in RPM, E-xact’s Realtime Payment Manager.

A wide variety of merchants use Batches; from golf clubs, health clubs, dental offices, subscription services, charities, and more. E-xact’s easy Batch Management system offers secure storage of cardholder data that allows merchants to save time and reduce risk while securely processing multiple batch payments.

As integration and adaptability is key, our new Batch Management service is designed to interpret virtually any type of data file; from popular accounting software, spreadsheets, and even other vendors existing batch formats. Rapid batch processing, easy-to-use reporting and detail control of your batches and transactions.

Simple and secure payment management begins with the next generation web application for dynamic batch and recurring payments.

Peter Fahlman, President of E-xact states: “The ability for merchants to shift the liability of storing cardholder data is perhaps the greatest feature of this service. Merchants typically want to ensure they get the “money”, not the credit card data. With our new Batch Management solution, merchants no longer need to handle card data and the regulatory challenges that come with it.”

“Peter Fahlman”

Peter Fahlman, President

About E-xact Transactions Ltd. (http://e-xact.com)

E-xact is a fully PCI compliant provider of fast and secure online transaction solutions. Since 1998, we have been at the forefront of the emerging world of online exchange, with solid and secure transaction processing systems and superb customer service. E-xact specializes in real-time, secure movement of financial information through IP-based point of sale interfaces, providing quick, easy and affordable transaction solutions for merchants and corporate businesses.

The statements which are not historical facts contained in this release are forward–looking statements that involve risks and uncertainties. E-xact Transactions Ltd.’s actual results could differ materially from those expressed or implied by such forward-looking statement. Factors that could cause or contribute to such differences include but are not limited to competition, general economic conditions, currency fluctuations and other risks detailed in the Company’s filings with the Canadian securities regulatory authorities. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

E-xact to Attend the Step Ahead Conference

Friday, November 2nd, 2007

November 13 - 15, 2007
E-xact Transactions Ltd. will be attending and presenting at the Step Ahead Conference in Grapevine, Texas.

Chase Paymentech Solutions invites you to explore new trends and technologies in payments at Step Ahead Partners. We are stepping ahead with an action packed agenda of payments expertise and best practices. Step Ahead Partners will put you on the inside track for everything from online solutions to emerging payments to the state of the payments industry.

View the conference website for more details and be sure to stop by the E-xact booth to view a demo, find out more about what we do, and to say hello!

Take a look at a special E-xact preview video we’ve created just for this special event.



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