Moneris Solutions Corporation



Moneris Solutions Corporation

October 13, 2011 16:55 ET

Moneris Brings Mobile Payment Processing to Smartphones

Credit Card Processing App Now Available with e-Select plus® Mobile

TORONTO, ONTARIO--(Marketwire - Oct. 13, 2011) - Moneris Solutions® (Moneris), Canada's largest credit and debit card processor, announced today the launch of e-Select plus® Mobile App, offering Canadian merchants the ability to accept credit card payments using their smartphones and capture sales on the go.

Merchants can obtain real-time authorization, send email receipts to customers, and generate reports on transaction history through their mobile devices. The bundled card reader accessory plugs into the audio port of the smartphone, allowing credit cards to be swiped for ease-of-use. The Mobile App extends the capabilities of the e-Select plus platform, offering merchants additional convenience and security.

"We've seen a growing demand for a mobile-based payment processing solution," said Amer Matar, Chief Technology Officer, Moneris. "e-Select plus Mobile App offers flexibility and convenience, giving merchants more options to expand the reach of their businesses and accept payments on the go." "Moneris Solutions is committed to on-going investment in new and innovative solutions – we continue to be one of the only acquirers in Canada to own, operate and deploy virtual solutions and emerging products that offer our customers security and reliability, while consistently being agile to meet their needs."

In a recent survey conducted by Moneris, 57 per cent of Moneris Advisory Council members, composed of Canadian small business owners, described their mobile device as a vital asset in the successful running of their businesses. In terms of smartphone usage, 57 per cent of the respondents said they are current users, with BlackBerry® showing the highest level of adoption at 29 per cent.

When it comes to accepting payments with a smartphone, 38 per cent stated that they would be willing to do so, and another 20 per cent were undecided. Many Canadian merchants are looking to be early adopters, with 60 per cent of the respondents stating that they would adopt a mobile payment solution within the first three months of introduction.

Moneris e-Select plus Mobile App is available now – for more information, visit www.moneris.com/espmobile, or call 1-866-830-4310.

About Moneris Solutions

As one of North America's largest providers of payment processing solutions, Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

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