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Global eTelecom Points to Infrared Future

G lobal eTelecom recently announced its intent to develop and market infrared-enabled consumer-to-merchant payment technologies at the point-of- purchase. The consumer can pay for goods and services with a digital check using a PDA or IR-enabled mobile phone.

In partnership with C-SAM, Global eTelecom is the second company after CrossCheck Inc., the original creator and funding source for the IrDA project, to successfully pass a check transaction from presentment to settlement, using this new technology in closed-loop testing. CrossCheck Inc. completed its closed-loop testing in 2000 and began supporting PDA devices in early 2001.

Global eTelecom provides powerful tools to increase market share and improve the customer experience. Global eTelecom's services can be configured around the business processes of a business partner and its merchants. Global eTelecom and CrossCheck have partnered in various ventures where CrossCheck provides guarantee services and global conversion services to the same customer.

Global eTelecom plans to conduct live trials in the near future. Global e Telecom has led the way with reliable, integrated Electronic Check Conversion (ECC). Global eTelecom continues to lead the industry with sophisticated new processing technologies partnered with a motivated, dedicated staff.

More information on Global eTelecom can be found at www.globaletelecom.com.