Ezic Supports Hotel Interchange Rates

August 2004 (Chicago, Illinois) - Ezic, Inc., a leader in high performance Internet transaction processing, announced today that they have secured Certification for Hotel Interchange rates for users of their popular Digital Payment Platform.

This added certification enables independent reservation agents and vacation property management companies engaged in booking and billing hotel or rental property transactions over the Internet to qualify for lower rates. These transactions can now be processed with the same favorable pricing and convenience as major hotel reservations systems in both card-present and card-not-present situations.

As part of this feature package merchants may, after an amount has been authorized for a purchase, but prior to capture, increase the amount to be charged without requiring a second authorization. Prior to committing to a final reservation, the booking agent and customer can explore options of different dates, duration of stay, or level of room or service within the scope of the original authorization. For Visa issued card transactions the total may also be reduced by any amount down to zero, restoring to the cardholder appropriate available credit.

"This feature allows independent reservation agents to match both the transaction costs and convenience factors of large proprietary hotel reservations systems. The ability to make real-time changes to reservations improves customer service and reduces cost." said Locke Walsh, CEO of Ezic, Inc.

He added, "Constant development of our Digital Payment Platform assures that market needs are being met and that our agents and resellers have continued opportunity to expand their business into new and exciting markets."

Ezic, Inc. has recently completed the stringent annual re-certification for Visa Cardholder Information Security Program (CISP) compliance and is an active participant in MasterCard's Site Data Protection Service (SDP). Additionally, Visa has certified Ezic's own Verified by Visa Merchant Protocol Interface.

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