TORONTO, ONTARIO--(Marketwire - Sept. 24, 2012) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) ("Futura") announced today that it has entered into a co-marketing and services integration partnership agreement with BNA Smart Payment Systems Ltd. ("BNA"), an Aurora, Ontario based innovative payment processor with the latest technology and services to accept credit and debit cards.
Under the agreement, BNA is enabling its payment devices so that merchants can process Aeroplan transactions for Futura merchants on the BNA payment terminals, making it simple and fast to process Aeroplan transactions should they wish to, thereby creating a value added payments offering for the merchant. Futura has integrated its loyalty transaction solution with BNA's payment systems to provide seamless transaction of payment and loyalty issuance of Aeroplan Miles at the point of sale. The consumer or merchant will be able to swipe an Aeroplan card or enter an Aeroplan collector number on the terminal, regardless of tender type, and have that information along with the number of Aeroplan Miles earned transmitted directly to Futura for processing.
In addition, BNA and Futura have created a marketing and sales partnership to cross market and cross sell each other's products and services for mutual benefit. "We are constantly working to make the merchant and consumer experience at the point-of-sale as fast and convenient as possible, and partnering with BNA to enable transactions to be processed on the payment terminal helps achieve this objective. In addition, BNA's strong presence in payment processing for auto services merchants allows tremendous cross-selling opportunities between BNA and Futura," said David Campbell, President and CEO of Futura.
"We strive to provide innovative, enhanced value and service to our merchant customers and enabling merchants to process Aeroplan transactions on our payment terminals is another example how we are doing that," said Matthew Moore, President of BNA Smart Payments.
About The Futura Loyalty Group
The Futura Loyalty Group Inc. is an industry-leading provider of integrated and stand-alone loyalty solutions for Canadian and American businesses. The company offers a comprehensive suite of loyalty products and services including access to Aeroplan in Canada and four top frequent flyer programs in the United States. Futura also develops custom programs for companies wishing to develop proprietary loyalty solutions. Futura's loyalty services include member account set up, management and reward redemption platform, a web-based program transaction reporting interface for merchants, a robust offer management system, retail POS Integration for card swipe issuance, loyalty analytics and a proprietary web based reward issuance solution. For more information regarding The Futura Loyalty Group, visit www.tflg.ca or www.futuraloyaltygroup.com.
About BNA Smart Payments Ltd.
BNA Smart Payment Systems offers North American businesses a secure alternative to higher cost and less flexible POS transaction automation systems. We provide sale credit and debit card payment terminals and transaction handling services involving all aspects of POS credit, debit and stored value card processing. Within the last decade, BNA has emerged as a technology leader for secure payment solutions that complement specific industries and business models plus offer your customers the choices they prefer. BNA has certified credit and debit payment applications with more than eight payment processors in North America, serving industries such as Auto Services, General Retail, Restaurant, Entertainment and Professional Services. For more information regarding BNA Smart Payments, visit www.bnasmartpayment.com.