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A Thing Brooklyn Judge Grants Class Action Status to Retailers

 

IVI-Atomic Wireless

 

 

N o, that is not a new title for an Arnold Schwarzenegger movie, but rather a new cooperative agreement between three industry notables. In March, IVI Checkmate Corp., announced a joint program with GTE Wireless Solutions and Atomic Software to provide a mobile wireless electronic funds transfer solution to retailers and service providers that require credit card authorization services outside the traditional storefront.

The program specifies that IVI Checkmate will supply the Elite 780 RF terminal with wireless CDPD communications for resale through GTE Wireless’ nationwide “Wireless Retailer” program. Atomic Software will provide front-end transaction switching services that route the retailer’s credit card transactions to the appropriate processor for authorization. Atomic Software enables a retailer to select from any number of credit, debit and check service processors, allowing program customers to select the authorization service that best fits their needs. GTE Wireless Services will bundle the Elite 780 RF and Atomic Software with merchant support services including monthly billing for resale to retailers and mobile service providers.

Barry Thomson, President and CEO of IVI Checkmate said, “Our partnership with GTE Wireless and Atomic Software has enabled IVI Checkmate to leverage in the U.S. the leadership position in wireless terminal that we have established in Canada. Many traditional retailers have told us that they need to accept payment for goods and services remotely. Additionally, service and delivery companies that have incurred incremental cost and risk because a secure payment method was not available are also excited about the program we have implemented with GTE Wireless and Atomic Software.”

“We are extremely excited about IVI Checkmate selecting the e-comPort Wireless Payment Gateway service for this program. IVI Checkmate’s Elite 780 RF terminal complements our long and venerable relationship with GTE Wireless,” stated Thomas McCole, President of Atomic Software. “e-comPort provides certified transaction support to a majority of the major transaction processors and thousands of banks, allowing IVI Checkmate and GTE to market the Elite 780 RF terminal to the broadest possible number of retailers.”

Ed Huelsman, Program Manager for “Wireless Retailer” stated, “The era of wireless online payment transactions has arrived. Retailers can now accept payment for products and services anywhere their customers are located, knowing that the transaction will be authorized securely and quickly.” Huelsman added, “Our partnership with IVI Checkmate and Atomic Software has positioned GTE Wireless to deliver a comprehensive payment solution that allows retailers and service providers to focus on customer service and not on the risks involved in accepting offline credit card transactions.”

The Elite 780 RF is a portable, lightweight, long-range radio frequency, transaction terminal capable of handling secure debit, credit, and EBT transactions. It comes with rechargeable batteries and an integrated thermal receipt printer, and can handle hundreds of transactions before recharging is required. These mobile and wireless terminals using the CDPD communications and the GTE Wireless network can complete a transaction in significantly less time than a comparable transaction that is run on a dial terminal.

GTE Wireless provides wireless voice and data telecommunications services to approximately 5 million customers in 17 states. Atomic Software is a privately-held corporation that specializes in electronic commerce and payment solutions for retailers, MO/TO companies, Internet merchants, hotels, and restaurants. For more information, contact Glynda Murphy at (770) 417-1228, or visit www.atomic- software.com. IVI Checkmate is the third largest electronic transaction solutions provider in North America. The Company designs, develops, and markets payment and value-added solutions that optimize transaction management at the point-of-service. For more information visit www.ivicheckmate.com

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