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Internet Payment Solutions’ Three-Year Sales Growth of 351% Ranked the 49th Fastest Growing Financial Services Firm on the 2007 Inc. 5,000 List

NEW YORK (August 23, 2007) - Inc. today ranked Internet Payment Solutions, Inc. No. 49 of the fastest growing, privately held financial service firms in the United States, and No. 1007 of the Nation’s fastest growing companies overall.

"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan.

Methodology 

The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.

About Internet Payment Solutions, Inc.:

PayByCash® provides payment methods that allow people from all regions of the world to purchase family friendly digital internet content, typically with no transaction fee to the merchant. Most payment methods cannot be charged back. One straightforward integration gives merchants all the PayByCash payment options. PayByCash handles all foreign currency acceptance as well as alternate payment option support.

PayByCash has been empowering non-credit-card customers and the Internet businesses seeking to reach them since April, 1998. PayByCash connects merchants trying to take advantage of the Internets global reach and consumers who want or need to pay without a credit card. Through PayByCash, merchants gain the ability to easily accept new and constantly expanding numbers of payment providers. PayByCash is the best and easiest way to reach customers in areas of the world where credit cards are either not widely used or are viewed by customers and merchants as a costly and risky manner of conducting business.

 

 

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