AME Commerce Secures Strategic Seed Investment from Priority Payment Systems

AME Commerce, a payments technology company based in Redmond, WA, has announced a strategic seed investment from Priority Payment Systems, a consumer inspired payment technology company. The investment will enable AME Commerce to accelerate its product development activities and work hand-in-hand with Priority Payment Systems to bring its web, e-commerce and mobile solutions to merchants worldwide.

ALPHARETTA, Ga., Feb. 19, 2014 (GLOBE NEWSWIRE) --

Priority Payment Systems will release MX StoreFront, an Instant Website product developed by AME Commerce, Inc. MX StoreFront creates merchant websites in seconds, saving the merchant time and extending their brand on-line while seamlessly enabling e-commerce selling opportunities. MX StoreFront is fully customizable, allowing merchants to change content or upload products at the click of a mouse.

MX Storefront is the initial component release of the MXNavigator a Suite of Market Intelligence tools that will be launching in 2014 from Priority Payment Systems. MX Navigator helps merchants locate new customers and provides consumer demographic and profitability insights on their existing customers along with market trends and competitive performance analytics.

AME Commerce: AME Commerce is a payments technology company that enables global acquirers to create professional, custom and instant merchant websites, online storefronts, and mobile solutions for their merchants. AME's Merchant Instasite product is a robust, white-labeled, and secure technology platform that seamlessly integrates into acquirers' ISO / agent workflows for an automated and real-time merchant setup experience using the merchant name, business type, and other information.

AME Commerce Founder and CEO Manish Gaudi comments: "We are delighted to partner with Priority Payment Systems and together, we will simplify life for the small business through innovative, impactful, and unique products and solutions. Merchants are in constant need of help to retain and grow their businesses, and both Priority and AME fundamentally believe that the merchant's payment processor can become the merchant's small business solutions center."

Priority Payment Systems:Since its inception in 2005, Priority Payment Systems has established itself as a leading innovator in the electronic payment processing industry. Priority's electronic payment processing technology is the clear choice for merchants. The combination of "consumer inspired" products, first class service and competitive pricing has made Priority Payment Systems the high value partner for Independent Sales Organizations (ISOs), Banks and Financial Institutions, Enterprise Organizations and referral partnerships nationwide.

Priority Payment Systems unique transaction platform supports both business-to-consumer and business-to-business transactions. The Nilson Rankings places Priority among the top 40 consumer transaction processors by volume and the ETA awarded Priority the ISO of the Year for 2013.

Priority Payment Systems President and CEO John V. Priore comments: "Priority Payment Systems is pleased to make an investment with AME Commerce. This product aligns well with our strategy to continually provide valuable tools to our ISO/Agent and Financial Institution channels with effective, consumer inspired products. Our small to medium size merchant base has web needs that support the feature set of the AME Instasite deliverables. We consider this a win for all constituents."

Dobbin Prezzano
Vice President of Product Development and Marketing
Priority Payment Systems
Office: 678.486.1963

CONTACT: Dobbin Prezzano VP of Product Development and Marketing 678.486.1963Source: Priority Payment Systems