Moneris Partner with Peppercoin

Together, Peppercoin and Moneris will deliver a comprehensive and cost-effective small payment processing product suite that enables profitable small payments. Moneris Solutions, will make Peppercoin 2.0 available to its existing merchants and Peppercoin merchants by the end of the fourth quarter of 2004. Peppercoins small payments suite complements Moneris portfolio of solutions that enable merchants to accept credit and debit cards, paper and electronic checks, and gift and loyalty cards. Moneris will leverage Peppercoin 2.0 and its suite of small transaction services to make card-based small payments profitable for retail and Web-based merchants, thus providing merchants with a new way to grow revenues, while increasing the volume of transactions flowing through its systems. With Moneris now providing payment processing with the Peppercoin 2.0 solution, Peppercoin will work with its existing customers to transition them to 2.0 and make the small payments purchasing experience seamless to the consumer. Peppercoin 2.0 provides a transparent interface that easily integrates into existing payments networks and reduces processing customer service costs. Peppercoin accepts credit and debit cards, and handles pay-per-use and stored value as well as subscription payments.