PaySpot, a leading electronic payments processor, has leased space at the 1102 Grand carrier hotel in Kansas City to expand its disaster recovery facilities, the company said this week. 1102 Grand, which is Kansas City's largest carrier-neutral facility, will also provide backup facilities for RIA Envia, Inc. Both PaySpot and RIA Envia are subsidiaries of Euronet Worldwide (Nasdaq: EEFT), a leader in providing secure electronic transaction and payment processing.
"We are delighted to host PaySpot in our facility," said Todd Applegate, Business Development Manger at 1102 GRAND. "Our building along with our core infrastructure, positioned directly on Kansas City's major metropolitan fiber ring, provides global network operators and enterprise companies the ability to securely host their networking equipment and mission critical applications."
1102 Grand is a 26 story high-rise in Kansas City's financial district sitting on dual power grids in a major metropolitan fiber ring. The owners of the 155,000 square foot building recently invested more than $6.5 million in infrastructure upgrades to the facility.
1103 Grand is part of the Carrier Hotels Alliance, a cooperative effort of North America's largest operators of carrier hotels (multi-tenant telecom buildings), including CRG West, the Westin Building of Seattle and the Telx network of Meet Me Rooms in a dozen major Internet gateways across the US, including 60 Hudson and 111 Eighth Avenue in New York.