WILMINGTON, Del., Dec. 1 /PRNewswire/ -- Electronic Payment Services, Inc.
(EPS) announced the promotion of Ruth Ann Marshall, previously president of
BUYPASS Corporation, the point-of-sale (POS) subsidiary of EPS, to the newly
created position of executive vice president and group executive of EPS.
Marshall will have responsibility for all BUYPASS, MAC(R) network and EPS
processing client relationships, including customer service and product
management functions.  The MAC(R) network is the largest electronic funds
transfer (EFT) network in the nation based on switch transactions.
    "Ruth Ann Marshall possesses in-depth experience in strategic business
planning and management, as well as broad experience in the customer service
and client satisfaction areas," said Richard Garman, president and chief
executive officer, EPS.  "We're very pleased with her accomplishments at
BUYPASS, where she achieved unprecedented levels of client satisfaction and
revenue growth.  Ruth Ann's leadership and business acumen have enabled her to
develop strong client relationships, and her market-centric approach will help
us to deliver superior products and services," said Garman.

    Other EPS/MONEY ACCESS SERVICE INC. (MAS) Third Quarter Highlights

    -- Total EPS switch transaction volume was 591 million, up 27% over third
        quarter 1996.
    -- 48 new financial institutions joined the MAC network across 14 states
        and EPS business development signed up 21 new merchants and
        independent sales organizations across 14 states for participation in
        MAC network during the third quarter.
    -- The MAC network consistently hit over 105 million transactions for each
        month during the third quarter and achieved a record high of
        111.6 million transactions in August.
    -- MAS total switch volume was 326 million in the third quarter 1997,
        consisting of 297 million ATM transactions and 29.5 million debit POS
        transactions.
    -- 95 financial institutions signed off-line debit card processing
        contracts in the third quarter, bringing the total to 285 institutions
        year-to-date.
    -- A record number of 2,821 ATMs were installed during the third quarter.
        Total number of ATMs currently driven by EPS is 18,435.
    -- There are currently 27,860 ATMs and 36.5 million cards bearing the MAC
        logo.

    Electronic Payment Services, Inc. (EPS), a privately held company
headquartered in Wilmington, Delaware, is a leading electronic funds transfer
(EFT) processor in the United States, with over 2 billion transactions
annually.  EPS is the holding company for BUYPASS Corporation and MONEY ACCESS
SERVICE INC.
    BUYPASS Corporation, headquartered in Atlanta, Georgia, is a major third-
party POS processor and debit transaction acquirer with annual transaction
volume of over 900 million.  BUYPASS provides processing for 50 of the top 200
grocery store chains in the United States.  One out of every ten debit POS
transactions performed in the United States is processed by BUYPASS.  BUYPASS
also has electronic benefits transfer (EBT) programs in 24 states and provides
gateway access to over 46 credit, debit and EBT gateways.
    MONEY ACCESS SERVICE INC., headquartered in Wilmington, Delaware, is the
leading EFT processor to the financial services industry, driving 18,500 ATMs
in all 50 states.  The MAC network is the largest EFT network in the United
States based on over 1 billion switch transactions annually, with 28,000 ATMs
and 400,100 POS terminals nationally.  Over 2,100 financial institutions are
members of the MAC network, with 36.5 million customers carrying cards bearing
the MAC logo.  MONEY ACCESS SERVICE INC. controls the license rights for the
registered trademark MAC.

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