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Acculynk’s Municipality Vertical Awarded Contract with The Village of Frankfort, New York for Bill Pay

Innovative and Unique Value Proposition Drives Decision to Choose Acculynk’s Municipal Solutions Division for the Citizens of Frankfort, New York


Atlanta, GA, October 23, 2015 — Acculynk, a leading technology driven payment processor, was awarded a contract with the Village of Frankfort to deliver a multi-channel solution that facilitates the payment of utility bills for the citizens of the Village of Frankfort, NY

After an extensive evaluation, the Village of Frankfort selected Acculynk based on its differentiated value proposition and ability to help underbanked and unbanked residents conduct electronic payments. The platform is expected to go live next week when the Village of Frankfort will switch from its incumbent provider. Acculynk will provide its internet PIN debit solution – PaySecure®, as well as credit card, signature debit, PINless debit, and ACH (e-check). Acculynk’s PaySecure® solution permits PIN enabled debit card users to enter their PIN for e- and m- commerce, ensuring a second layer of authentication and a more secure transaction.

“We look forward to helping the Village of Frankfort increase online adoption of bill payments,” said Michael DiTano, GM of Municipal Solutions at Acculynk. “Acculynk’s unique solution is ideally suited to empower a broader base of constituents, such as the underbanked, to engage in online bill payment via Web or mobile. In addition, our comprehensive solution will help ease the administrative burden for the Village of Frankfort employees relative to reporting, treasury management, as well as other administrative tasks. We are proud of this win and look forward to a rapid and successful go-live in the next week.”

About Acculynk

Acculynk secures online transactions with a suite of software services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled for over 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders.

Acculynk’s Municipal Solutions is an omni-channel online bill payment solution for municipalities and utilities which includes mobile, web, point of sale and IVR. These channels uniquely support Acculynk’s internet PIN debit solution – PaySecure®, as well as credit card, signature debit, PINless debit, government issued debit cards, pre-paid cards and ACH (e-check). Acculynk’s PaySecure® solution uniquely permits PIN enabled debit card users to enter their PIN for e- and m- commerce, ensuring a second layer of authentication and a more secure transaction - resulting in increased electronic payment adoption.

For more information visit http://www.acculynk.com.

Contacts:

Acculynk
Mike DiTano
(404) 771-4389
mditano@acculynk.com

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