News from the Wire

Pivotal Payments introduces mobile payment options

Thursday, December 06, 2012 — 13:43:51 (EST)

Montreal, Dec. 5, 2012 -- As part of their ongoing commitment to provide innovative payment solutions for businesses of all sizes, Pivotal Payments, North America's fastest growing payment processor, announced a new mobile payment platform that can be used on smartphones and tablets. PivotalMOBILE is an integrated payment solution that includes an application for iOS, Android and BlackBerry devices, along with a card reader that plugs directly into the mobile device's audio port.

PivotalMOBILE is a cost-effective add-on that lets small to mid-sized businesses process credit card payments from virtually any location. Pricing is flexible unlike many industry competitors and not based on a single published rate. The mobile payment solution includes the following features:

• Sales and refunds
• Accepting and editing tips
• E-mailing receipts to clients
• Verifying transactions with on-screen signature capture and transaction geolocation

PivotalMOBILE is Payment Card Industry (PCI) compliant and offers end-to-end encryption between the mobile device and Pivotal Payments' secure servers. Credit card information is never stored on the mobile device.

"As smartphones are becoming increasingly ubiquitous, it's only natural that merchants and their customers want to integrate them into every aspect of their lives," said Philip Fayer, President and CEO of Pivotal Payments. "At Pivotal, we're always evolving to meet and exceed the needs of our clients and partners and we're extremely pleased to offer this innovative, new processing platform."

Businesses using PivotalMOBILE also gain access to Pivotal Payments' proprietary merchant account reporting platform, Pivotal360. This online service provides transaction history, detailed sales reports, monthly statements and other valuable business management tools.

Mobile payment processing is typically used by contractors, direct sellers, at trade shows, by delivery and other service businesses operating from various locations, however they also give retailers the flexibility to process payments from virtually any location within their store. No longer confined to the checkout line, customers can complete their purchases anywhere with a data or Wi-Fi signal. Commonly known as "line busting," PivotalMOBILE will be a vital sales tool during peak shopping periods such as the upcoming holiday sales rush.

PivotalMOBILE is now available for iPhone, iPad, Android and BlackBerry users through Pivotal Payments and its network of sales partners throughout North America. Additional product information is available at www.pivotalmobile.us USA and www.pivotalmobile.ca (Canada) .

About Pivotal Payments

Innovative, reliable and affordable, Pivotal Payments is a leading provider and processor of merchant services throughout North America. Pivotal Payments provides to both online and point of sale merchants a variety of services such as debit and credit card processing, electronic check conversion, merchant cash advance programs, loyalty/gift card programs and terminal management solutions. The company provides these services to small and mid-sized retail businesses, mail order/telephone order merchants, e-commerce, chain stores, franchises, restaurants and dealerships. Processing over US $10 billion in annual transactions, Pivotal Payments serves more than 60,000 customers. To learn more, visit www.pivotalpayments.com .

Image with caption: "PivotalMOBILE is an integrated payment solution that includes an application for iOS, Android and BlackBerry devices, along with a card reader that plugs directly into the mobile device's audio port (CNW Group/PIVOTAL PAYMENTS)". Image available at: photos.newswire.ca/images/download/20121205_C5703_PHOTO_EN_21534.jpg

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Source: Company press release.