Commerciant(R) and eProcessing Network Ink Distribution Deal for MobileScape(R) Wireless Solution; Creates New Revenue Stream Opportunity for Agents.HOUSTON -- Commerciant, LP and eProcessing Network, both leaders in the wireless payment processing industry, today announced a distribution agreement under which Commerciant's MobileScape Wireless solution will be marketed to eProcessing's ISOs and agents. The offering will help businesses speed collections and reduce payment processing risks in the field, and gives ISOs and agents the ability to create new revenue streams. Commerciant's MobileScape(R) solution offers ISOs an affordable turn-key wireless solution via Sprint Nextel's CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. network. MobileScape includes user-friendly touch screen technology, signature capture capabilities and real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. online reporting for merchants. "The wireless payment industry is poised for significant growth in the U.S., and our partners need a complete solution like Commerciant's," said Steve Sotis, president of eProcessing Network. "Merchants everywhere can appreciate the value that Commerciant consistently delivers through its low cost, innovative and easy-to-use platform via our gateway technology." "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. that eProcessing Network will be offering MobileScape to their reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. base," said Marc Beauchamp, vice president of indirect sales for Commerciant. "Commerciant and eProcessing are once again offering ISOs excellent upfront lease commissions and the value-add of Commerciant's innovative wireless payment processing technology." "Beginning in April, Commerciant will become the first company to enable both credit card and check processing through the same wireless, handheld device," Beauchamp added. "Through the expanded distribution of eProcessing Network, check processing will help ISOs and agents gain access to new revenue streams and wider market segments using Commerciant's MobileScape solution." Commerciant is one of the only solution providers that engineer, design, customize, activate and support their wireless solution from start to finish, with all terminals manufactured in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . About Commerciant(R), LP Commerciant, LP is a market innovator in the wireless, handheld payment processing industry. Commerciant provides authorization The right or permission to use a system resource; the process of granting access. See access control. , settlement, wireless access, software application development and integration, and its low cost, handheld MobileScape(R) terminal is capable of performing remote credit card processing under a single contract. The MobileScape terminal delivers highly customizable mobile business process services. www.commerciant.com About eProcessing Network, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control eProcessing Network, LLC is a software development company specializing in Secure Real-Time Transaction Processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. Services and Support. The eProcessingNetwork Payment Gateway processes merchants' transactions using each merchant's own credit card, ACH/check and/or shipping account. www.eprocessingnetwork.com |
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