Vital Launches New Wireless Payment Services Through Reseller Agreement with U.S. Wireless Data
Vital Solution Provides Maximum Wireless Coverage and
Cost-effective Solution for all Wireless Transactions
Tempe, Ariz., Sept. 17, 2002 - Vital Processing Services® (Vital®), a recognized leader in technology-based commerce enabling services, announced it has signed a reseller agreement with U.S. Wireless Data, Inc. (USWD), the leader in wireless transaction delivery and gateway services for the payment processing industry. With this new agreement, Vital now offers the broadest range of geographic wireless coverage available in the market today, with its wireless payment services now available across 90 percent of the wireless coverage areas in the United States.
"Vital's end-to-end suite of wireless transaction processing services enables our clients to penetrate the emerging mobile merchant market, said Denise Lewis, executive vice president of products and marketing for Vital. Lewis explained that previously the high cost of wireless, lack of broad geographic coverage and cumbersome merchant set-up processes slowed merchant acceptance of wireless payment processing. "Our partnership with U.S. Wireless Data has addressed all of these issues, " Lewis added.
Vital's wireless offering supports credit and offline and online debit transactions over the Lipman Nurit 3010 and the Thales Artema POS wireless terminals. Both terminals are Class A Certified to Vital's processing network and are fully supported on Vital's world-class 24 x 7 Merchant Help Desk. Additionally, Vital now offers USWD's Synapse Adaptor(™) that acts as a "plug-and-play" tool to instantly convert a merchant's in-store dial-up terminal into a wireless workstation.
Vital selected USWD as its partner because USWD's Synapse(SM) platform has the broadest range of geographic coverage and wireless products and services available in today's market. Vital's Wireless Service will be delivered via Synapse over two wireless networks - CDPD and Motient. CDPD services are available from network providers Verizon, Alltel and AT&T.
"We are proud that Vital Processing Services is using our service and technology to build this important new offering," said Dean M. Leavitt, chairman and CEO of U.S. Wireless Data. "This agreement is a clear validation of our Synapse platform by one of the driving forces in delivering innovative payments solutions."
About U.S. Wireless Data
U.S. Wireless Data (OTC: USWE) makes credit card and ATM transactions faster and more cost effective. USWD connects credit card processing companies to their merchant clients. Using wireless technology, USWD provides improved transport, data translation, and value-added processing. In addition, by enabling wireless point of sale terminals, USWD adds speed and mobility that have been unachievable in the past. USWD now activates the majority of wireless POS terminals in the marketplace each year through its Synapse platform and nationwide network. Further information is available at www.uswirelessdata.com.
About Vital Processing Services
A leader in technology-based commerce enabling services, Vital Processing Services® (Vital®) is the commerce connection between acquirers and merchants, processing one out of every four authorized payment transactions in North America. From authorizing and capturing electronic payments at the merchant point of sale, to clearing and settling transactions, Vital provides highly reliable, integrated end-to-end processing services to more than 300 acquirers and over one million merchants. Vital processes all payment types for merchants of all sizes from a wide array of industries and provides merchants and acquirers with the information and tools to efficiently manage their payment processing businesses. Vital is a merchant processing joint venture of Visa U.S.A. and TSYS® ("NYSE: TSS"). Additional information regarding Vital can be found at www.vitalps.com.
Vice President of Corporate Relations
Vital Processing Services