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New York Prepaid Retailer Pay-O-Matic Renews Contract with Leading Prepaid Processor FSV Payment Systems

March 7, 2011

FSV Payment Systems, Inc., a leading provider of network branded prepaid debit card products and processing services, today announced that the company has signed a three-year contract renewal with Pay-O-Matic ("POM"), extending the current three-year relationship into 2014 and solidifying FSV's position as the leading retail prepaid processor.


"We're pleased to extend our long-standing partnership with Pay-O-Matic," said Rick Savard, FSV's chief executive officer. "Together over the past three years, we have worked to make Pay-O-Matic's new excella product the most successful new prepaid product in the market. We are proud of the partnership we have fostered with Pay-O-Matic and the results we have jointly achieved."

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