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Payment Processing, Inc. Partners with Verrus to Offer Integrated Credit Card Processing for Pay by Cell Phone Parking Payments; Solution Provides Quick and Easy Integrated Payment Processing.


NEWARK, Calif. -- Payment Processing, Incorporated (PPI (1) (Pixels Per Inch) The measurement of the resolution of a monitor or scanner. For example, a monitor that is 16 inches wide and displays 1600 pixels across its width would have a resolution of 100 ppi (1600 divided by 16). ), the industry leader in integrated 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.
, today announced a partnership with Verrus, a leading mobile commerce provider to offer integrated credit card payment processing for pay by cell phone parking service.

"PPI provides a comprehensive solution that allows us to easily integrate real time payment processing into our applications," says Neil Podmore of Verrus. "By having one resource that provides technology, merchant account services and extensive support, we're able to streamline our operations and provide our customers with a complete solution."

Verrus pioneered the development of pay by phone parking in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , allowing customers to use their credit cards to pay for both on street and off street parking--without using coins in a meter or kiosk kiosk

Originally, in Islamic architecture, an open circular pavilion consisting of a roof supported by pillars. The word has been applied to a Turkish summer garden pavilion and a type of early Persian mosque.
. Instead, drivers call or send a text message to a local number posted on the meter or parking space, provide the meter or parking space number and select the anticipated minutes they require. There is no need to use cash, and drivers have the option to receive a parking expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute.
     2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created
 reminder via text message and a receipt via email. A driver who is running late can call in again to add more time.

Using the PPI/Verrus solution, Verrus customers, such as the City of Vancouver, Douglas Parking This article is about the stadium in Hamilton, Scotland. For the small town near Sydney in New South Wales Australia, see Douglas Park. For the Chicago park, see Douglas Park (Chicago).  and Impark Im`park´

v. t. 1. To inclose for a park; to sever from a common; hence, to inclose or shut up.
[

imp. & p. p. os> Imparked

p. pr. & vb. n. os> Imparking.]

They . . .
, have a complete solution for integrated credit card processing for pay by phone parking, including:

--Superior payment processing technology using PPI's fast and secure PPI PayMover gateway

--Unlimited 24/7/365 free technical and administrative support for both transaction and merchant account issues

--Configuration, testing and training

--Competitive pricing for merchant accounts

"Integrated payment processing for the parking meter industry continues to be a growing opportunity for PPI and we are excited to work with Verrus," says Peter Smith, director of client partner development at PPI. "By offering a comprehensive solution we are able to offer partners, such as Verrus, the ability to turn to one partner for all aspects of their integrated payment processing needs."

For more information, please visit the PPI web site at www.paypros.com or call (800) 774-6462 ext. 4988.

ABOUT PAYMENT PROCESSING, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.

Payment Processing, Inc. (www.paypros.com) is the industry leader in providing integrated payment processing solutions. PPI provides software developers with a full range of services for integrating electronic payments including gateway services, integration support, merchant support and services, and CISP/PABP security assistance. Additionally, PPI provides software developers with the ability to generate additional revenue while substantially reducing their support costs for integrated payments.

Today, PPI is the most successful company in the world focused on integrated payment processing, supporting over 600 software developers and more than 14,000 merchants with efficient, cost-effective payment solutions. In 2006, PPI is on track to process in excess of $3 billion in Visa(R) and MasterCard(R) payments.

ABOUT VERRUS

Operating in North America and Europe, Verrus is a leading provider of mobile payment services. The clear demand for easy mobile payment and cost effective processing platforms is driving the rapid demand for Verrus powered solutions in the parking industry and elsewhere. The company has an established record of innovation and is proud of customer's success with Verrus powered solutions. Millions of payment transactions are processed each year by Verrus using state of the art IT infrastructure that supports payments via SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM.

(2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server.
, IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time.  and WAP (1) (Wireless Access Point) See access point.

(2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages.
.

Verrus developed and launched the first mobile phone payment solution for parking in North America in 2000. Many municipal, university and commercial parking operators have chosen Verrus as their partner to provide customers with a convenient, yet cost effective, payment service for parking.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Company overview
Date:Aug 8, 2006
Words:599
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