2008-08-27 00:08:01 -
- PaySpot, Inc., a leading prepaid and payments processor in the U.S., and Pilot Travel Centers ("Pilot") today announced the launch of an exclusive multi-year, multi-product sales and service agreement designed to expand Pilot's in-store prepaid services. PaySpot went live in 304 Pilot locations mid-July, integrating its electronic prepaid product delivery system with Pilot's existing point-of-sale (POS) system, enabling Pilot
to expand its prepaid product portfolio to include PaySpot's industry-leading products and services.
TSC Group ("TSC") has been a partner with Pilot for over 15 years, providing them with category management expertise, nationwide in-store service and merchandising for several of their key retail product categories. PaySpot and Pilot were introduced when TSC recommended PaySpot as a company that could expand Pilot's prepaid selection, introduce new category expansion, offer better service through an account management team and supply merchandising support. PaySpot worked with TSC to plan and execute the Pilot implementation. The initial launch included prepaid wireless, long distance, stored value products and mall gift cards. TSC will perform an innovative in-store merchandising regimen that will ensure that Pilot's busy retail locations are always well stocked and properly merchandised.
"Pilot has been committed to the prepaid category for many years, and we have built a successful program," said Ed Leddy, director of marketing for Pilot. "Looking forward, there are exciting prepaid services, such as bill payment, yet to be unleashed. We're ready to take prepaid to the next level, and we believe PaySpot's innovation and TSC's retail expertise will help us to do just that."
PaySpot will introduce its extensive bill payment service into Pilot stores. Through the bill payment program, Pilot can quickly and easily accept cash payment for hundreds of utility, telecom, cable, satellite, and other service providers.
"Through superior merchandising techniques and a small expansion of the product portfolio, the first month has already delivered a significant increase in prepaid sales volume for Pilot...and we're just getting started," said Eric Mettemeyer, president of PaySpot. "With the introduction this fall of our bill payment and international prepaid wireless offerings, Pilot will truly take its prepaid program to the next level."
PaySpot and Pilot worked together to develop innovative merchandising displays, allowing prepaid products to be displayed in up to four different high-traffic areas within each store. By working with TSC, the merchandising was deployed chain-wide in only two days with minimal disruption to Pilot sales staff.
About PaySpot, Inc.
PaySpot, Inc., a subsidiary of Euronet Worldwide, Inc. (Nasdaq: EEFT), is a leading prepaid and payment processors in the U.S. Launched in 2002, PaySpot offers a comprehensive array of prepaid products and payment solutions, including prepaid wireless, prepaid long distance, prepaid gift cards, prepaid debit cards, international wireless recharge, check guarantee, merchant processing and prepaid handsets, as well as bill payment and money transfer in conjunction with its affiliate RIA Financial. The PaySpot system supports online electronic top-up at retail locations via a range of POS terminals or through integrated electronic cash registers for retailers with multiple locations and multiple checkout points. Visit our web site at www.payspot.com for more information.
About Pilot Travel Centers
Pilot Travel Centers LLC is the nation's largest retail operator of Travel Centers, catering to the professional driver and traveling motorist in 40 states with 304 retail interstate properties. Customers will find nationally recognized fast food restaurants serving hot meals 24/7, and many travel conveniences such as showers, ATMs, internet kiosks, check cashing, money orders, laundry, game rooms, public pay phones with data ports, wireless internet, audio book rentals, Western Union, pre-paid phone cards, truck washes, truck service centers and CAT Scales. Pilot Travel Centers LLC is headquartered in Knoxville, Tennessee and employs 13,000 nation-wide. Pilot Travel Centers LLC is owned by Pilot Corporation, also based in Knoxville, Tennessee, and Marathon Ashland Petroleum, based in Findlay, Ohio. For more information, visit www.pilotcorp.com.
About TSC Group
TSC Group, LLC is a leading company in the sales, marketing, and distribution of consumer brand products to America's top retailers. Since the early 70's, TSC has earned the respect and confidence of today's national retailers by successfully introducing innovative, profit-driven products and by facilitating and streamlining the factory-to-shelf process. TSC's product experience includes not only general merchandise products, but also fresh, high growth categories such as prepaid products, financial services, and numerous subscriber and transaction services. For more information on TSC Group visit www.tscgrp.com or call 1.800.647.1718.
PaySpot
Bryan Zingg, 913-327-4150
bzingg@payspot.com
or
Investor Relations:
IR Dept, 913-327-4200
sdyapaiah@eeft.com 
