Network Merchants Inc. (NMI) Launches Mobile Processing Solution

SCHAUMBURG, Ill., March 15, 2011 /PRNewswire/ -- Network Merchants Inc. (NMI) today announced the launch of a mobile processing module. A simple, fast, and secure application for the iPhone/iPad/iTouch to process credit cards anywhere in the world over a cellular or WIFI connection.

"Mobile payments is an emerging technology growing exponentially while more and more merchants enjoy the versatility of processing with a secure solution for their business," said Matthew Schmidgall, NMI's Chief Technology Officer.

The mobile processing module will process keyed or swiped transactions using cutting edge hardware encrypted card readers, geo-tag locations on the receipt where the transaction occurs, e-mail receipts, capture digital signatures, and perform partial or full refunds within the transaction history log. The application is free to download and incurs no additional per transaction fees.

About NMI

Network Merchants, Inc. builds e-commerce payment gateways for companies that process retail and online transactions in real-time anywhere in the world.

With an exceptional team of software engineers, NMI created, maintains and delivers a substantial suite of payment solutions through a unique channel of distribution. This channel is comprised of financial institutions, ISOs/MSPs, payment processors, VARs, e-commerce developers and hardware manufacturers interested in retaining their existing merchant-customers and acquiring new business. With an easy to integrate transparent and private-label program, Affiliate Partners maintain their own look and feel while providing merchants with efficient and secure payment processing solutions. For more information, please visit www.nmi.com.

SOURCE Network Merchants Inc

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