Global Electronic Technology, Inc. (GET) partners with Merrick Bank to offer multiple BINs to sales organizations
GET switches from Provident to Merrick to furnish businesses-enhanced capacities to streamline transaction processing
LAGUNA HILLS, CA-June 30th, 2004 – Global Electronic Technology, Inc. (GET) is happy to announce it will now offer BIN numbers through Merrick Bank, a move that will allow businesses to streamline their transaction processing systems and will also allow smaller sales organizations to have protocols equally secure and fast as those of larger organizations through the use of multiple BIN numbers. Bank Identification Numbers, more commonly known as BIN numbers or BINs, are a unique series of numbers assigned by MasterCard and Visa to a principal member institution that uses this number series in transaction processing. This three to six-digit number series identifies which credit network a card belongs to, as well as which bank issued it. If necessary, this number may be used by the member’s affiliates as well.According to Brian Iinuma, Vice President of Global Electronic Technology, Inc. (GET), the fact that GET can now offer multiple BIN numbers to sales organizations demonstrates both the rapid and continual growth of GET as a company that surpasses industry standards, as well as its undying commitment to the highest levels of quality and service to all types of sales organizations. He says, “These BINs will allow smaller sales organizations more secure transaction authorization and more immediate transaction processing. In fact, this move will provide businesses and their customers more satisfaction and ease with the shopping experience from a technical and an experience point of view.”
Correspondingly, Fred Horn, VP of Merchant Services for Merrick Bank, is thrilled about this new relationship with GET. He states with pleasure, “Global Electronic Technology, Inc. is widely respected as a leader in the payment processing systems industry. To have our company name attached to GET is truly an honor and our partnership will allow both of our organizations to grow substantially. BIN numbers allow businesses direct access to financial sources and eliminate the middleman. Only around a dozen billion-dollar corporations have access to the multiple BINs necessary to offer this service, so Global Electronic Technology is definitely part of an exclusive club. GET is a cut above the rest through this unique offering.
About Global Electronic Technology, Inc. (GET)
Global Electronic Technology, Inc. (GET) is a US-based provider of payment processing solutions. Founded in 2000 as a privately-owned corporation, GET has grown to be a global company by offering state-of-the-art products and services to many types of businesses including retail, Internet and high-risk. GET is dedicated to providing clients with timely industry expertise, excellent customer service, and innovative technologies. Through constant research and development, GET’s team is pioneering more efficient, effective, and secure electronic payment systems. These improvements enable businesses to expedite product delivery time and enhance customer service and loyalty while maximizing profitability.
About Merrick Bank
Merrick Bank was founded in 1996 and is a top 50 issuer of Visa cards, as well as an authorized issuer of MasterCard cards. Merrick Bank proudly serves over 555,000 cardholders and has $382 million in assets. Merrick Bank specializes in credit programs that assist consumers looking to establish or rebuild their credit rating. Merrick Bank is FDIC insured and offers certificates of deposit with a variety of rates and terms to fit your needs. Merrick Bank's corporate office is located in Utah's Salt Lake Valley. For more information, please visit www.merrickbank.com.
For more information, call Global Electronic Technology, Inc. (GET)at 1(888)775-1500 or e-mail us at information@gettrx.com.
GET WITH MERRICK
Global Electronic Technology, Inc. (GET) partners with Merrick Bank to offer multiple BINs to sales organizations
GET switches from Provident to Merrick to furnish businesses-enhanced capacities to streamline transaction processing
LAGUNA HILLS, CA-June 30th, 2004 – Global Electronic Technology, Inc. (GET) is happy to announce it will now offer BIN numbers through Merrick Bank, a move that will allow businesses to streamline their transaction processing systems and will also allow smaller sales organizations to have protocols equally secure and fast as those of larger organizations through the use of multiple BIN numbers. Bank Identification Numbers, more commonly known as BIN numbers or BINs, are a unique series of numbers assigned by MasterCard and Visa to a principal member institution that uses this number series in transaction processing. This three to six-digit number series identifies which credit network a card belongs to, as well as which bank issued it. If necessary, this number may be used by the member’s affiliates as well.According to Brian Iinuma, Vice President of Global Electronic Technology, Inc. (GET), the fact that GET can now offer multiple BIN numbers to sales organizations demonstrates both the rapid and continual growth of GET as a company that surpasses industry standards, as well as its undying commitment to the highest levels of quality and service to all types of sales organizations. He says, “These BINs will allow smaller sales organizations more secure transaction authorization and more immediate transaction processing. In fact, this move will provide businesses and their customers more satisfaction and ease with the shopping experience from a technical and an experience point of view.”
Correspondingly, Fred Horn, VP of Merchant Services for Merrick Bank, is thrilled about this new relationship with GET. He states with pleasure, “Global Electronic Technology, Inc. is widely respected as a leader in the payment processing systems industry. To have our company name attached to GET is truly an honor and our partnership will allow both of our organizations to grow substantially. BIN numbers allow businesses direct access to financial sources and eliminate the middleman. Only around a dozen billion-dollar corporations have access to the multiple BINs necessary to offer this service, so Global Electronic Technology is definitely part of an exclusive club. GET is a cut above the rest through this unique offering.
About Global Electronic Technology, Inc. (GET)
Global Electronic Technology, Inc. (GET) is a US-based provider of payment processing solutions. Founded in 2000 as a privately-owned corporation, GET has grown to be a global company by offering state-of-the-art products and services to many types of businesses including retail, Internet and high-risk. GET is dedicated to providing clients with timely industry expertise, excellent customer service, and innovative technologies. Through constant research and development, GET’s team is pioneering more efficient, effective, and secure electronic payment systems. These improvements enable businesses to expedite product delivery time and enhance customer service and loyalty while maximizing profitability.
About Merrick Bank
Merrick Bank was founded in 1996 and is a top 50 issuer of Visa cards, as well as an authorized issuer of MasterCard cards. Merrick Bank proudly serves over 555,000 cardholders and has $382 million in assets. Merrick Bank specializes in credit programs that assist consumers looking to establish or rebuild their credit rating. Merrick Bank is FDIC insured and offers certificates of deposit with a variety of rates and terms to fit your needs. Merrick Bank's corporate office is located in Utah's Salt Lake Valley. For more information, please visit www.merrickbank.com.
For more information, call Global Electronic Technology, Inc. (GET)at 1(888)775-1500 or e-mail us at information@gettrx.com.


