Momentum Payment Systems Announces Mobile Payment Processing with New iPhone Application

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Merchants of Momentum Payment Systems can now process credit and debit card transactions through its secure network by employing an iPhone, iPod Touch or T-Mobile G1 over Wifi or 3G wireless connections.

Momentum Payment Systems, http://www.MomentumPayments.com, a leader in the electronic payment processing industry, proudly announces the Momentum Payment Systems iPhone Mobile Application.

Small business merchants, independent contractors and mobile merchants now have the ability to utilize Momentum's payment processing solutions without the need for hardware processing equipment or a dedicated internet line.

The application is currently available through Momentum's sales team and is set up via a one-time installation process through a web browser. Upon installation the application icon is available on the home screen of the device for convenient future use.

With the application, merchants can type the card information into the phone and the credit and debit card transactions are processed as "card-not-present" or "offline-debit" payments. Receipts can currently be emailed to the cardholder however future enhancement plans include the ability for the merchant to print a receipt instantly.

"We've always been dedicated to creating customized payment processing solutions to fit the needs of each business," said Vice President of Operations Robel Sebany. "We've always wanted to provide our merchants with access to a payment processing option as portable as their business and with the growing technological advancements of these mobile devices it is a great opportunity to reach that goal."

About Momentum Payment Systems

Momentum Payment Systems, LLC is a fast growing merchant acquirer that specializes in providing small and medium-sized businesses throughout the United States with comprehensive electronic transaction processing solutions. Momentum distributes and installs point-of-sale equipment and offers traditional credit and debit card processing services as well as processing for ATM cards, gift and loyalty cards, prepaid cards, EBT, checks and e-commerce solutions. Momentum also proudly offers 24 hour technical support.

For further information, please visit Momentum Payment Systems online at http://www.MomentumPayments.com

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Jessica Bryant
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