Acculynk, Atlanta-based payments provider with the first software-only service for Internet PIN debit payments, PaySecure^®, announced today the addition of Mark Herrington to Acculynk’s Board of Directors. Mr. Herrington is currently Executive Vice President, Global Product Management & Innovation for First Data Corporation.

“Mark is known for his experience and success in high growth environments and brings a substantial background of technological leadership to our Board,” said Ashish Bahl, Chairman of the Board and CEO, Acculynk. "This step highlights Acculynk’s strong strategic partnership with First Data, which is a leading reseller of Acculynk’s Internet PIN debit through its merchant acquiring while First Data’s STAR network has initiated pilot programs with Issuers for Internet PIN debit transactions through Acculynk’s online PIN pad. I’m confident Acculynk will greatly benefit from Mark’s industry knowledge and contribution.”

Mr. Herrington joined First Data in 2007 as First Data was in the process of acquiring Money Network, which he co-founded in 2001. Mr. Herrington’s financial services experience includes prepaid, TeleCheck, e-commerce, mobile payments and merchant loyalty. He is a member of the board of directors for Emerge Memphis, which provides financial and management support for early stage companies.

About Acculynk

Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure^® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 3,200 merchant websites. Acculynk has partnerships with 10 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Acculynk also provides PayLeap gateway and acquiring and card processing services. Visit
http://www.acculynk.com

http://www.firstdata.com/en_us