TORONTO, ONTARIO -- (Marketwire) -- 07/30/12 --

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Moneris Solutions® (Moneris), Canada's largest credit and debit card processor, today announced the launch of an integrated mobile payment processing solution designed for mid-size and large merchants. Built to encase Apple iPhone or iPod touch devices using a Wi-Fi connection, the solution combines Moneris' POSPAD software and iSMP hardware by Ingenico® to provide the security and simplicity retailers and developers need to quickly enable mobile payment and point-of-sale cash register features.

Magnetic stripe, EMV Chip & PIN, and 'tap and go' contactless cards can all be accepted in an environment that provides full end-to-end encryption of card data, thereby reducing PCI DSS scope during integration. In addition, Bluetooth® compatibility with wireless receipt printers and an integrated barcode scanner give retailers and developers the tools required to create an optimal mobile point-of-sale cash register experience.

"With the growing demand for mobile payment processing services, merchants want and expect solutions that best suit their business and customer needs," said Amer Matar, Chief Technology Officer, Moneris Solutions. "We are proud to complement our micro-merchant-focused PAYD offering with yet another pioneering mobile solution - giving larger merchants the benefits of an electronic cash register and a versatile payment processing terminal, with the security they've come to expect from Moneris. The offering cements Moneris' position as the leading provider of mobile payment solutions for businesses on the go."

"Partnering with Moneris and their expertise in integrating payment processing solutions has truly unlocked the potential of our device," said David Chaudhari, Managing Director, Ingenico Canada. "With Moneris' new mobile product, merchants will be able to take advantage of a readily-accessible, fully functioning mobile solution for their business."

About Moneris Solutions

As one of North America's largest providers of payment processing solutions, Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information, please visit www.moneris.com.

About Ingenico

Ingenico is a leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 3,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. For more information visit www.ingenico.com.

® Moneris and Moneris Solutions are registered trade-marks of Moneris Solutions Corporation. Apple, iPhone, and iPod touch are registered trade-marks of Apple Inc. Bluetooth is a registered trademark of Bluetooth SIG, Inc. Ingenico is a registered trade-mark of Ingenico Inc.

(TM) PAYD is a trade-mark of Moneris Solutions Corporation.

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