AnywhereCommerce, a global payments technology provider, announced it has signed an agreement to provide mobile point-of-sale (mPOS) technology to global merchant services provider Moneris Solutions Corporation ("Moneris".)
Through this arrangement, select Moneris merchants can accept credit, debit, and gift card payments on smartphones and tablets through AnywhereCommerce's patented line of audio-jack attachable wireless appliances.
"This partnership with Moneris is an important development for AnywhereCommerce on several fronts," said Mitchell Cobrin, founder and chief executive officer of AnywhereCommerce. "Not only is it a continued validation of the high quality, capability, and functionality of our mobile commerce solutions, it also speaks to the confidence that Moneris has placed in our vision and ability to execute."
AnywhereCommerce mobile commerce solutions employ patented audio-jack attachable technology and highly secure encryption that enables any smartphone, tablet, or mobile device around the world to be transformed into a fully functioning, highly secure mobile point-of-sale terminal. Its versatile lineup consists of flexible appliances that support a variety of card-based payment presentation methods, including magstripe debit, credit, gift card as well as EMV chip and PIN card transactions.
Moneris provides electronic payment processing to more than 350,000 merchant locations across North America. The company processes over three billion credit and debit card transactions annually, and offers a full range of fixed line, online and mobile commerce services.
"We're very excited about our new partnership with AnywhereCommerce", said Chris Lee, president, North American Strategic Partnerships and Emerging Markets for Moneris Solutions. "The relationship expands our mobile processing product offering, enables us to offer an additional choice to our m-commerce customers and further solidifies Moneris' position as a North American payments leader."