WILMINGTON, Del., July 30 /PRNewswire/ -- Electronic Payment Services,
Inc. (EPS) continued the westward expansion of its EFT processing services
with the addition of 42 new processing customers in Illinois, Indiana, Ohio,
Michigan and Wisconsin during the first half of 1996.  These new processing
clients represent over half of the 75 new processing customers added in 11
states between January and June.  Processing services sold include automated
teller machine (ATM) terminal driving, off-line debit card processing, card
file maintenance and authorization, and gateway access to regional and
national networks.
    The new processing customers added in the Midwestern states represent 76
ATMs and 70,000 debit cards, with off-line debit card processing for up to
30,000 Visa Check Card and MasterCard MasterMoney cards.  EPS currently drives
12,422 ATMs for over 1,000 financial institutions, and processes 700,000
off-line debit cards for
90 institutions.
    John Beahn, chief marketing officer for EPS, said, "We're very pleased
with the response to our family of EFT processing services as we've expanded
in these new markets.  We believe our success to date is the result of our
reputation for reliable ATM processing as well as high interest in off-line
debit cards and our line of direct banking services.  We're also fortunate to
have strong partnerships with state-wide trade associations."  The EPS line of
direct banking services includes multiple ways to deliver financial services
and bill payment to the home via telephone, personal computer, personal
financial management software and (in the future) the Internet.  In May, the
Wisconsin Credit Union League & Affiliates became the newest trade association
to endorse EPS when they announced that they selected EPS as the preferred
provider of EFT processing services to Wisconsin credit unions.
    Other new processing clients added during the first half of 1996 were in
KY, NH, NJ, NY, PA and WV.  Following is a recap of number of new processing
clients by state:

                          Number of New EPS Processing
                                Clients Added in
    State                       First Half 1996
    Illinois                           1
    Indiana                           12
    Kentucky                           7
    Michigan                           1
    New Hampshire                      4
    New Jersey                         9
    New York                           1
    Ohio                              22
    Pennsylvania                       8
    Wisconsin                          6
    West Virginia                      4

    Electronic Payment Services, Inc. (EPS), a privately held company
headquartered in Wilmington, Del., is a leading electronic funds transfer
(EFT) processor in the United States, with almost 2 billion transactions
annually.  EPS is the holding company for BUYPASS Corporation, a major
third-party POS processor and leading debit transaction acquirer with annual
transaction volume of almost
800 million, and MONEY ACCESS SERVICE INC., a leading EFT processor to the
financial services industry, driving over 12,400 ATMs nationwide.  MONEY
ACCESS SERVICE is also operator of the MAC EFT network, the largest EFT
network in the United States based on 1.2 billion switch transactions
annually, with 22,000 ATMs in 40 states and 250,000 POS terminals nationally.
Almost 2,000 financial institutions are members of the MAC network, with 36
million customers carrying cards bearing the MAC logo.  MONEY ACCESS SERVICE
INC. controls the license rights for the registered trademark MAC.