Converts Payday Loan Collateral Checks into Electronic Debit Transactions; Reducing Bank Interaction and Fees Assessed on the Business and Consumer.

REPAY (Real-time Electronic Payments) is expanding the distribution of its proprietary e-commerce solution to authorize and convert checks electronically through an arrangement with Teletrack Inc., a subsidiary of First Advantage Corporation (NASDAQ: FADV), a global risk mitigation and business solutions provider.

Teletrack, a consumer reporting agency that serves businesses that cater to non-traditional credit consumers, will market the REPAY solution to Teletrack's existing payday advance clients. Teletrack's customers will learn more about REPAY's software suite and innovative check processing solution through a series of product education initiatives.

"Our solution adds value to payday advance providers by accelerating the receipt of cash. If funds are available in the account, the settlement of the check is immediate," said Shaler Alias, president of REPAY. "Being able to convert a paper check into an electronic payment and effecting immediate settlement reduces the cost and risk of check acceptance as well as administration expenses for the payday loan provider. Our exclusive marketing relationship with Teletrack enables us to distribute our REPAY solution via the most reputable, leading risk management solutions provider serving the Payday market."

The REPAY solution provides benefits to the consumer as well. The solution eliminates expensive penalties assessed by the bank in the event there are insufficient funds available in the account. Unlike the presentment of a physical check or ACH debit, an unsuccessful REPAY transaction does not generate a non-sufficient funds (NSF) fee for the consumer.

"REPAY provides a cost-effective solution for our clients that are having difficulty determining the availability of funds before submitting a collateralized check," said Dale Williams, president of Teletrack. "This solution increases efficiency and profitability while protecting consumers from costly overdraft fees. It is a win-win for our clients and their customers."

Upon the due date, the REPAY solution converts a payday loan customer's collateral check into a real-time debit transaction via a POS terminal software application, which is then processed via the VISA POS network. All that is required to utilize the service is an Internet connection, REPAY Software and a check scanner.

The REPAY solution is easily integrated into your current business processes. Information about REPAY is available at www.teletrack.com/repay.