Mobile Payment Application To Be Deployed In Caribbean By Telecommunication Products Provider

SOUTH PLAINFIELD, N.J. and TORTOLA, British Virgin Islands, Jan. 22, 2013 /PRNewswire/ -- CHARGE Anywhere® LLC, a leading provider of award-winning, secure mobile payment applications and payment gateway solutions, announced today the signing of a distribution partnership with Tech It Easy (TIE) Ltd, a retail sales and support of telecommunications products provider, in the Virgin Islands.

Operating in the British Virgin Islands, TIE Ltd is expanding their service offering to include mobile payment capabilities (mpos) with CHARGE Anywhere's mobile payment acceptance technology via smartphones anywhere business is conducted or service provided. By swiping customers' cards directly through the devices attached to smartphones, merchants are able to accept card payments and process orders, anywhere in real-time.  

"Our research has revealed that within the Virgin Islands, merchants are severely restricted in the processing of credit card payments. Because credit card validation terminals deployed have traditionally required a land based telephone line and electrical power to operate, merchants and retailers are restricted to accepting credit card payments exclusively within their premise," said Elford Parsons owner of TIE.  "In the British Virgin Islands, where mobile penetration is well above the 100% mark and smartphones are quite prevalent, we are confident that the Virgin Islands is primed for the adoption of mobile payments," Parsons added.

At the core of the partnership is a joint commitment to provide "Technologically Innovative Experiences" by providing mobile payment solutions today, [and other innovative payment solutions in the future] to business operators throughout the Virgin Islands.  TIE anticipates that local banks will embrace this technology and move swiftly to make the mobile payment options available to their customers.

"There is a level of complexity that is vital to make a payment network available to an entire region and CHARGE Anywhere's established ecosystem will empower mobile payments, in partnership with TIE Ltd., throughout the Caribbean," said Oscar Munoz, CHARGE Anywhere's EVP and Senior Vice President of International Business Development.

Financial Institutions will recognize that the PCI security and end-to-end encryption available through ComsGate®, CHARGE Anywhere's payment gateway, is capable of turning their enterprise and MSME client's smartphones into secure, mobile point-of-sale (mpos) terminals with their existing infrastructure.

"We are extremely committed and looking forward to the full deployment of our award winning, best-of-breed mobile payment technology in the Caribbean market. We believe this is the beginning of a mutually beneficial and long-lasting business relationship," said Munoz.

CHARGE Anywhere was voted the 2011 Mobile Solution Provider of the Year by their peers at the 5th Annual Mobile Banking and Emerging Technology Summit, hosted by Bank Technology News.

About TIE Ltd: Tech It Easy (TIE), a MSME operating in the British Virgin Islands since May 2012 provides retail Sales and support of telecommunications products.

About CHARGE Anywhere: CHARGE Anywhere is the developer Payment Card Industry PA-DSS certified CHARGE Anywhere® v2.0.0 Mobile Payment/POS software solution designed for use with Smartphones, Tablets, POS Terminals and e-commerce, Web terminal and PCI DSS Level 1compliant ComsGate® Payment Gateway services. CHARGE Anywhere offers the most secure and robust selection of industry specific and custom payments solutions and services, including: Payment Gateway, Mobile Payment Applications, POS software, End to End Encryption and Data Security Services, Closed Loop Card Management and Merchant Billing Services. For more information visit them at http://www.chargeanywhere.com, or (800)211-1256.

©2013 CHARGE Anywhere, LLC. All trademarks, service marks and trade names referenced in this material are the property of their respective owners.

SOURCE CHARGE Anywhere, LLC