DALLAS — The StoneEagle Group has reached an agreement with Dallas-based On-Line Strategies, Inc. for the provision of OLS.Switch.

OLS.Switch is a transaction processing solution which supports StoneEagle’s delivery of SEcureCard and Vpay™ to automotive warranty and medical services providers. OLS.Switch will further optimize StoneEagle’s payment solution offerings and allow for more streamlined operations. OLS.Switch provides StoneEagle a reliable, cost effective, scalable Online Transaction Processing platform capable of meeting StoneEagle’s performance standards.

"OLS delivers a valuable platform and a team of transaction processing experts," said Bobby Allen, CEO of StoneEagle. "OLS solutions are reliable and position us to maximize growth in a cost-effective manner."

"To execute their strategy, StoneEagle needed a mission-critical payment solution that lines up perfectly with OLS.Switch’s core strengths and expertise," said Terry Richards, founder and president of OLS. "We are thrilled to have such an innovative partner recognize that we were the team that could turn their vision into reality."