SCHAUMBURG, Ill., March 15, 2011 /PRNewswire/ — Network Merchants Inc. (NMI) today announced the launch of a mobile processing module. A simple, fast, and secure application for the iPhone/iPad/iTouch to process credit cards anywhere in the world over a cellular or WIFI connection.
“Mobile payments is an emerging technology growing exponentially while more and more merchants enjoy the versatility of processing with a secure solution for their business,” said Matthew Schmidgall, NMI’s Chief Technology Officer.
The mobile processing module will process keyed or swiped transactions using cutting edge hardware encrypted card readers, geo-tag locations on the receipt where the transaction occurs, e-mail receipts, capture digital signatures, and perform partial or full refunds within the transaction history log. The application is free to download and incurs no additional per transaction fees.
