Toronto, December 16 (PRWEB), 2011

Collective Point of Sale Solutions Ltd. (Collective POS), a leading Canadian provider of payment processing services, began VirtualMerchant Mobile, the mobile POS solution that allows small and medium-sized businesses to process credit card payments anytime, anywhere using the current smartphone device.

We think, worked very hard to provide a payment solution that allows companies to use their existing hardware, technical infrastructure and communications services, “said Michael Back CEO and president of Collective POS. With this product, merchants can turn any iPhone, iPad, iPod Touch, Android or BlackBerry device in a safe, affordable point of sale terminal.

setup solution is quickly and easily – the merchants, who have been approved by the credit card processing directly downloaded from the App Store application and enter the account information they Collective POS

.

VirtualMerchant Mobile includes both hardware and software features to ensure full end-to-end transaction security. In order to protect the traders and holders, no payment information is stored on the mobile device. At the end of time to swipe the card data is encrypted by the encryption card sleeve and sent in a firewall-protected, secure hosting environment.

This solution is ideal for taxi and livery service company that offers a presentation, participate in fairs and flea markets, home based business and other businesses that wish to pay by credit card on the road, “said Michael Back.

In addition, portability and security of information, VirtualMerchant Mobile offers the reliability that is synonymous with all the Collective POS offerings, making it ideal for any on-the-go business or service.

About Collective Point of Sale Solutions Ltd.

Collective Point of Sale Solutions Ltd. (Collective POS) is Canadas choice of payment processing and marketing services. Founded in 2001, Collective POS is celebrating its 10th anniversary of trade in services.

company’s mission is to provide entrepreneurs and owners of small and medium-sized businesses with affordable, convenient, and more customized alternatives to debit and credit card processing services currently offered by other major banks and payment processors.

Collective POS serves more than 10,000 companies across Canada, including retail stores, restaurants, hospitality services, mobile services, e-commerce merchants, mail order / telephone order businesses, professional firms / clinics / practitioners, B2B products / service providers, traders, and many other industries.

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