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Velocita Wireless Teams up with Paynet to Enable Mobile Merchants to Process Credit Card Transactions at Rose Bowl

11 January 2006

WOODBRIDGE, N.J., Jan. 9 -- Merchants at this year's Rose Bowl and neighboring parade route were able to speed up purchase transactions of official game memorabilia by 50% thanks to an innovative wireless point of sale (POS) solution, provided by Paynet Transactions and enabled by Velocita Wireless' data network.


The Paynet solution, encompassing wireless credit card point-of-sale (POS) terminals and data service through Velocita Wireless' data network, enabled over 200 mobile merchants employed by Innovative Merchant Services to wirelessly process souvenir sales across over 30 locations in and around Pasadena California's Rose Bowl stadium.


"We are proud to take part in this year's Rose Bowl and provide merchants the speed and agility they need to keep the flow of transaction data moving swiftly through our data network and services," said Craig Gosselin, Chief Marketing and Sales Officer, Velocita Wireless. "To be chosen as the data service of choice from a leader like Paynet Transactions is a strong testament of our superior network and commitment to providing customers with the connectivity options and enhanced services they need to keep them running smoothly, wherever they conduct business. We look forward to growing our longstanding relationship with Paynet Transactions."


"Like the rich history of the Rose Bowl, we are happy to keep the tradition of partnering with Velocita Wireless on historic sporting events alive and well through today's announcement," said Eric Kirk, Paynet Transactions. "In today's rapidly changing mobile environment it's imperative to keep up with the pace of our customers which in this case, means significantly reducing the demanding and time-consuming lines that have become commonplace through sporting events of this magnitude. Through our partnership with Velocita Wireless, we are able to provide our customers with speedy, reliable, easy and secure wireless credit card transactions at a grand scale."


Each Paynet credit card terminal at the Rose Bowl was equipped with a wireless modem, allowing for rapid transaction transmission over the nationwide Velocita Wireless network. Once a credit card was swiped, the terminals wirelessly transmitted the data to a front-end processor, over the Velocita network, where it received authorization and was securely broadcast back to the terminal. The process took 4 seconds per transaction to complete roundtrip.


The Velocita Wireless network is ideal for conducting wireless credit card transactions because of its seamless, nationwide coverage, low latency, high reliability and guaranteed confirmation of transactions.


About Paynet Transaction Services


Paynet Transaction Services, Concord, California, provides credit card processing for all types of merchant accounts. The company is one of the few credit card processors to maintain a special events department which does short term rental of credit card terminals, cash registers and radio frequency wireless modems which interface with the Velocita Wireless network. Special events clients include the Rolling Stones tour, the US Open Tennis Championships, The BCS Championship Game, the New England Patriots and several other NFL teams, a number of major league baseball teams, the George Strait tour, Sony Signatures, and many others for whom credit card acceptance at a temporary venue means convenience to fans and customers and increased sales to the merchant. For additional information, E-mail: info@paynettrans.com.


About Velocita Wireless, L.P.


Headquartered in Woodbridge, New Jersey, Velocita Wireless is dedicated to providing premier wireless data products and services for enterprises and governmental organizations deploying wireless email, messaging, machine-to- machine, automated vehicle location, point-of-sale and field force automation applications. For over a decade, we have provided direct and wholesale wireless data connectivity through our national data network to over 400 Fortune 1000 companies, 50 governmental organizations and hundreds of thousands of messaging users, nationwide.


Today, Velocita's network covers 93% of the U.S. business population in 492 metropolitan areas and 196 primary U.S. airports and is the standard by which other wireless data networks are measured. Throughout hurricanes and disasters, including Hurricane Katrina, the Northeast Blackout and the events of September 11, the network provider that keeps on working and keeps companies connected and communicating is Velocita Wireless. For additional information, please visit http://www.velocitawireless.com.


Velocita and Velocita Wireless are trademarks or service marks of Velocita Wireless, L.P. in the United States. All other company or product names are the property of their respective owners.

Source: prnewswire


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