01.08.2007 12:00:00
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Simplefy to Offer First Data(R) POS Value Exchange(SM) Point-of-Sale Solution
Simplefy, Inc. announced today
that it has entered into an agreement with First
Data Corp. (NYSE:FDC) to begin offering the First Data®
POS Value ExchangeSM solution. The company’s
new product offering will be unveiled at the ASD/AMD trade show (the
nation’s largest variety merchandise trade
show) at the Sands Expo Center in Las Vegas, Nevada August 12, 2007.
The First Data POS Value Exchange replaces a cash register and
traditional point-of-sale terminal with a computer-based system that
delivers a complete store management solution with greater information
security, speed of transactions and more flexible payment options for
customers.
POS Value Exchange leverages three companies' core competencies: 1)
First Data's payment processing power for virtually all forms of
payment, from credit and debit to gift cards and checks; 2) Microsoft
Dynamics™ - Point of Sale 2.0 software from
Microsoft designed to manage inventory, track sales and improve customer
management; and 3) a rugged, retail-specific point of sale hardware
solution from HP. Specialty retailers will find that the system's
touch-screen display and ability to accept virtually all forms of
payment will improve customer service and speed up transaction time.
Retailers also will be able to track purchase behaviors and identify
buying trends to improve inventory management and save valuable time.
"First Data is excited to have Simplefy on board offering our POS Value
Exchange solution to their customer base," said Christina Ahlstrom, vice
president of Product and Business Development at First Data Commercial
Services. "This single solution enables small merchants to have the
power to manage their inventory, understand and track customer buying
behavior and offer an enhanced consumer experience by accepting
virtually all forms of payment - from credit, debit and gift cards to
checks."
"Simplefy is looking forward to offering the
First Data POS Value Exchange to our merchant clients; it’s
a world class Point-of-Sale solution. We see a strong demand in the
marketplace for an easy to use and cost effective POS system," said
Julie Borges, Executive Vice President at Simplefy, Inc.
About First Data Corporation
First Data Corp. (NYSE:FDC) is a leading provider of electronic commerce
and payment solutions for businesses worldwide. Serving over 5 million
merchant locations, 1,900 card issuers and their customers, First Data
powers the global economy by making it easy, fast and secure for people
and businesses around the world to buy goods and services using
virtually any form of payment. The company's portfolio of services and
solutions includes merchant transaction processing services; credit,
debit, private-label, gift, payroll and other prepaid card offerings;
fraud protection and authentication solutions; receivables management
solutions; electronic check acceptance services through TeleCheck; as
well as Internet commerce and mobile payment solutions. The company's
STAR Network offers PIN-secured debit acceptance at 2 million ATM and
retail locations. For more information, visit www.firstdata.com.
About Simplefy, Inc.
Simplefy is global provider of Point of Sale solutions. Simplefy
currently has 1.5 billion dollars in credit card processing under
management. Other services include wireless & hardwired credit card
terminals and eCommerce solutions. www.Simplefy.com.
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