The industry-leading provider of fully integrated, end-to-end payment processing solutions, Electronic Payment Exchange (EPX), has today announced it has signed a multi-year agreement with Pioneer Telephone to process its customers’ payments.

EPX, under the terms of the agreement, will be the exclusive processor for credit and debit card payments for Pioneer. To process their customers’ payments who choose to pay for services using their debit cards, Pioneer, in addition to traditional payment processing, will begin using EPX’s PINless Debit product.

A significant reduction in the overall expense associated with non-face-to-face payment acceptance is recognized by merchants who are eligible to accept the PINless Debit transactions for payment. EPX is one of a select few providers who enable their clients to take advantage of this payment type on the NYCE, Star, and Pulse debit networks. EPX PINless Debit fees are less costly than traditional card interchange fees.

Pioneer President and Chief Financial Officer, Susan Bouchard, declared: “For Pioneer, the decision to contract with EPX for payment processing was obvious. EPX offers superior processing services. And, more and more of our customers want the option of paying for their telephone services with their debit cards. EPX’s ability to process PINless Debit transactions enables us to meet our customers’ needs while dramatically reducing our costs.”

Chief Executive Officer and President of EPX, Ray Moyer, stated: “EPX is extremely pleased to welcome Pioneer Telephone to the growing family of leading brands that EPX serves. Pioneer is a leader in the telecommunications industry, and we are proud to provide a solution that assists them in serving their customers’ diverse needs.”