First Data’s Cardservice International Releases Semtek’s Mobile Swipe(r) Solution to Independent Sal

From: Semtek
Published: Wed Mar 02 2005


Semtek Innovative Solutions Corporation, the leading developer of mobile card-reading technologies, announces that First Data’s Cardservice International subsidiary is now offering Semtek’s Mobile Swipe solution to retail merchants through its network of more than 2,800 sales agents nationwide. Mobile Swipe enables retail merchants to wirelessly accept credit card payments via their cellular phones from mobile/remote sales locations.

Companies with mobile business operations require the ability to accept credit card payments from remote locations. Cardservice, one of the nation’s largest Independent Sales Organizations (ISO) providing products and services related to electronic payments (including credit, ATM/debit, electronic benefits transfer and electronic checks), will equip these businesses with Semtek’s turnkey Mobile Swipe mobile commerce system to make it affordable to conduct business anytime/anyplace.

"Our partnership with Cardservice International has just begun, and we’ve already begun to see new business come our way as their large sales force introduces our products to merchants throughout the country," said Steve Cochran, Semtek’s Vice President of Business Development. "We’re delighted that the nation’s top ISO for merchant payment transactions has selected Semtek’s Mobile Swipe to be marketed by their Agent ISO channel."

Semtek’s card readers connect through wireless handheld devices, such as PDAs and cell phones, and support industries requiring mobile commerce applications, on-site lead retrieval, and immediate identity verification. Mobile Swipe card readers are designed to work with top branded devices from such companies as Symbol, Intermec, Hand-Held Products, Palm, Hewlett Packard, and Nextel. Semtek’s solutions are designed and priced to enable organizations of all sizes to be equipped with a cost-effective, secure means of accepting payments from remote locations. Competing products in the industry often require substantial investments in equipment, eliminating opportunities for small remote business operators.

About Semtek Innovative Solutions Corporation
Semtek Innovative Solutions Corporation, founded in 1998, is a developer and manufacturer of magnetic stripe card readers and software applications to empower businesses to conduct mobile commerce transactions. The company’s mission is to bring new, secure technology into the card-reader market to support growing e-commerce and financial transaction businesses. Semtek has emerged as the industry leader in Mobile Card Reading (MCR) technology for the mobile/wireless terminal market. For more information, call 858-278-6003, or visit www.semtek.com.

About Card Service International
Cardservice International is a wholly owned subsidiary of First Data Corporation (FDC) (NYSE: FDC). Cardservice processes every type of electronic payment method—credit, ATM/debit, electronic benefits transfer and electronic checks. The company supports popular point-of-sale hardware and software for brick-and-mortar and e-commerce. Established in 1988, Cardservice International currently processes more than $10 billion in annual credit card volume and more than 125 million transactions annually for its customer base of 200,000 merchants. Cardservice has more than 500 corporate employees, more than 400 independently owned sales offices and more than 2,800 sales representatives nationwide. For more information, visit www.cardservice.com.
Company: Semtek
Contact Name: Dennis Mos
Contact Email: dmos@semtek.com
Contact Phone: 858-278-6003

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