SOURCE: Mobile BIS

Mobile BIS

September 28, 2009 06:00 ET

Mobile BIS Introduces Next Generation of Bill Paying Technology

New Software Provides Instant Mobile Phone Banking

LOS ANGELES, CA--(Marketwire - September 28, 2009) - Mobile BIS, one of the nation's leading providers of BlackBerry technology, has announced a new software program that allows consumers to make instant payments against a credit card or bank account via their mobile phone.

"This new technology is on the forefront of how we all will do business in the future," Michael Macho, President of BIS explained. "No paper checks, no cash, no credit cards -- just a secure PIN number and the transaction is complete."

Called V-MAC, the software allows consumers to purchase anything through its virtual system. Shop at stores in person or online, pay monthly bills, transfer funds between accounts, and even withdraw cash.

"V-MAC is a leapfrog in how society will manage our economic lives," Macho said. "It's a step ahead of what we used to think of as paperless -- its total mobility, fully secured and instantaneous."

V-MAC provides for a higher degree of security by allowing the consumer to enter a confidential account PIN number and then instantly receives a one-time authorization code to complete the transaction. This "double coding" greatly enhances the safety of the electronic banking process.

Mobile BIS is now rolling out this newest form of e-commerce by initiating point of sale locations nationwide including stores, shops and websites. More efficient and less expensive than traditional credit card charging devises or on-line payment systems, V-MAC is already enjoying significant acceptance in key European cities, including the Italian credit card network CartaSi, a worldwide VISA partner.

Mobile BIS, a division of BIS Computer Solutions, provides software applications and solutions for mobile devices -- smart phones and handheld computers -- to automate a company's operations, accelerate responsiveness of its field and transportation personnel and maximize customer satisfaction. Mobile BIS is an Oracle Certified Partner and a member of the Oracle Development Alliance. Its mobile solutions are developed and implemented using the Oracle 10g database and Oracle 10g lite mobile application server. A global technology firm, it maintains offices in Los Angeles, New York, Italy and India.

Editors Note: For more information or to arrange interviews with Michael Macho, contact Scott Regberg, Regberg & Associates, Inc. at (310) 475-5735.

Contact Information

  • Contact:
    Scott Regberg
    Regberg & Associates, Inc.
    (310) 475-5735