Digital Payment Technologies Corp. Processes 500,000th Real-Time Transaction

"Our customers have embraced the capabilities of our EMS platform to a level surpassing our best projections," said Rob V. Kragelj, President and C.O.O of Digital Payment. "We expect our millionth transaction well before the end of the calendar year."

When Digital Payment’s Intella-Pay Payment Station or LUKE Parking Station are configured with wireless or hardwired real-time communications, all transactions are communicated to the EMS in real-time. This allows for real-time reporting, credit card processing and student card processing. In addition to processing transactions, the EMS allows customers to monitor the status of each payment station so collection is done when necessary and servicing is done immediately.

"The EMS has had uptime exceeding 99.99%," said John Siu, Vice President Engineering of Digital Payment. "We know that security and reliability are extremely important to our customers, so our design parameters were very exact. I am very satisfied that our demonstrated reliability has met our stringent design goals."

About Digital Payment Technologies Corp.:

Digital Payment (formerly Digital Pioneer) is an innovative leader in the design, manufacture and distribution of leading-edge revenue-management hardware, software and wireless solutions for the multi-billion-dollar parking industry. The company’s products provide complete financial tracking, control and reporting on parking revenue collected by cities, municipalities, parking management companies, private operators and national parks, from customer payment through to bank deposit.