New short and long-range wireless terminals satisfy the needs of
restaurants and mobile merchants moving to chip card acceptance.
TORONTO, Sept. 18 /CNW/ - Chase Paymentech Solutions and NBS Payment
Solutions, a (MAJOR MANUFACTURER OF LEADING EDGE PAYMENT TECHNOLOGY), are
pleased to announce the release of two new wireless chip-and-PIN enabled
payment devices for restaurants and mobile businesses. The payment terminals
are certified by Chase Paymentech to support the latest industry standards
including Interac, Visa and MasterCard, as well as new requirements for
chip-and PIN card acceptance in Canada.
"We wanted to provide Chase Paymentech with a complete suite of
innovative products to help their Canadian merchants upgrade their payment
systems in one step," explained Drazen Ivanovic, President, NBS Payment
Solutions. "We have seen the rapid change in the payment industry's
requirement for merchants. Offering a solution to merchants that will not need
multiple upgrades in the future means a savings in time, training and,
NBS Payment Solutions products certified by Chase Paymentech are
available as long-range wireless terminals using a GPRS network, and as short
range hi-speed wireless terminals using Bluetooth.
"We are very proud of launching this new suite of products," explained
Paul Browne, Vice President Operations for Chase Paymentech. "They fulfill our
commitment to Canadian merchants to champion innovative products they can rely
on. Real innovation is not just complying with today's standards, but helping
merchants meet industry standards for years to come."
About Chase Paymentech
In Canada, Chase Paymentech Solutions is headquartered in Toronto,
Ontario and is an affiliate of Chase Paymentech Solutions, LLC. As a leading
payment processor and a single source for debit and all major credit cards,
the company offers a full suite of advanced payment solutions, including
point-of-sale and wireless terminals, electronic gift card programs and secure
Chase Paymentech Solutions, LLC, headquartered in Dallas, TX is a leading
global payments firm and the world's largest merchant acquirer - transacting
all types of payments in 140 currencies. In 2007, the company processed
approximately 19.7 billion payment transactions, with more than $719 billion
in annual bank card and debit volume. Chase Paymentech's customer base
includes the most respected companies and brands in the world, including
70 percent of leading e-commerce businesses and more than 600,000 merchants in
nearly one million locations worldwide.
Learn more at www.chasepaymentech.ca
About NBS Payment Solutions
For over 30 years NBS Payment Solutions has been a leader in providing
secure, high speed, electronic financial payment solutions to banks and
processors serving the transaction processing needs of North American
retailers. The company is uniquely positioned in the industry to deliver
high-end terminals; payment gateway services and value add managed services,
driving increased profitability and business growth. NBS Payment Solutions a
wholly owned subsidiary of Brookfield Asset Management (www.brookfield.com) a
specialist asset manager. Focused on property, power and infrastructure
assets, Brookfield has over US$95 billion in assets under management and is
co-listed on the New York and Toronto stock exchanges.
For more information, visit www.nbsps.com.
For further information:
For further information: Chase Paymentech Solutions, LLC, James Wester,
Director, Corporate Communications, Chase Paymentech Solutions, 14221 Dallas
Parkway, Dallas, TX 75254, (214) 849-2194, firstname.lastname@example.org