10:26:19(CST) Swiped Card Processing on Nextel
Introduced by AMSI
Advanced Merchant Solutions, Inc., of Fullerton, CA. is releasing its
new credit card processing system for Nextel cell phones. This service,
“nSwipe.com” consists of a proprietary, encrypted credit card reader,
along with a WAP site for merchants to access for immediate credit card
authorization.
“Using nSwipe.com gives merchants in the field, such as Limousine
& Taxi, Mobile Vendors, Delivery, Stadium & Arena Sales, Traveling
Sales People, Conventions / Exhibitions, Golf and Tennis Venues, Outdoor
Entertainment, Parking Garages and more to get the same low discount rates
as traditional retail storefronts” states Dennis Ideue, CEO of AMSI. “The
secret is in the magnetic stripe on the back of the card. If you transmit
that to the credit card companies, you get the retail rates” he continued.
“The Nextel platform was selected for our initial application, as it is
in such wide use by dispatch oriented service companies. They use the
Nextel Direct Connect feature of the phone to tell the people where the
next service call is.” according to Blaine Leckett, Ph.D., the company’s
CTO. “The nSwipe.com service requires no software downloads to the
phone, being entirely a server-based WAP application. This has tremendous
advantages for the merchant on the road, as it can be difficult to get a
phone ‘reloaded’ if the batteries expire unexpectedly.” In addition, the
nSwipe.com service requires only the Nextel “Premium Web” service, an
unlimited service for ten dollars per month. Other systems using Nextel
phones require the PacketStream service, which adds up to $54.95 per month
to the user’s bill.
With many cities like Chicago and New York mandating that cabs
operating in their territory accept credit cards, and states like Florida
and Utah considering legislation requiring restaurants to bring card
processing equipment to the table to reduce ‘skimming’ or credit card
number theft, the time has come for simple, inexpensive, easy to use
solutions.
Advanced Merchant Solutions, Inc. is the developer of the Pocket
Verifier line of software that performs credit card authorizations on
wireless Palm and Pocket PC devices. “nSwipe.com was a logical addition
to our product line, and we will have a similar service for T-Mobile as
well” says Leckett.
About Advanced Merchant Solutions, Inc.
Advanced Merchant Solutions, Inc. is a software technology company
based in Fullerton, California. The company was founded in March 2001 by
founders with 20 years of experience in software development. AMSI is the
developer of Pocket Verifier Professional for Palm OS and Pocket PC, as
well as Pocket CrossCheck and many other transaction-based software
products.