Under the agreement, PowerPay's customers will gain access to TW's web-based solution, turning any mobile phone into a credit card terminal without extra equipment, allowing merchants of all sizes to accept payments virtually anywhere.

"We know how important capturing revenue and creating savings at every level can be for merchants during these ongoing economic difficulties"

Through this partnership, PowerPay customers gain value by combining TW's Point of Sale (POS) credit card terminal with a PowerPay account, offering savings on processing fees which directly affect the bottom line of any small business. Transaction Wireless' safe and convenient mobile POS solution will extend the functionality of a PowerPay merchant account to any mobile phone making it easy for merchants to process payments in real time at a trade show, at home, or anywhere business can be conducted, creating a 360˚ payment solution.

"We know how important capturing revenue and creating savings at every level can be for merchants during these ongoing economic difficulties," said Bruce Springer, CEO, Transaction Wireless. "We're proud to partner with a leader like PowerPay to extend the value of the wCharge offering to PowerPay customers."

PowerPay supports all major credit and debit cards, electronic benefits transfer (EBT), government purchase cards, petroleum cards, loyalty cards, gift cards and recurring bill payment with applications suiting a variety of needs. Since its inception, PowerPay has offered an attractive combination of competitive pricing and individualized service. This formula has made the Company one of the fastest growing service providers in the nation.

"At PowerPay, we're constantly investing in technology and looking for additional savings for our merchants," said Michelle Boudette, chief sales and marketing officer, PowerPay. "By adding the wCharge terminal to our offerings, our customers can easily take advantage of the power of mobile technology to provide a new real-time payment option to their customers, creating additional convenience and security."