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Fundtech Launches New Wireless Card Processing Terminals

Fundtech's Mobilescape VX Solution Allows Businesses to Accept Payments at the Service Site

NEW YORK, NY--(Marketwired - July 23, 2014) - Fundtech, a leader in payments solutions for banks and businesses, has launched Mobilescape VX, a device upgrade for its Mobilescape wireless card processing solution. The new hardware combines Verifone's VX 680 POS hardware with Fundtech's software, transaction processing, wireless service, and customer support.

The new handheld terminals include a color touch screen and an ARM11 processor, as well as compatibility with the web-based Mobilescape Manager platform. Mobilescape VX provides U.S. businesses with traveling sales personnel the capability to accept card payments from anywhere via a small, portable device that is compatible with the AT&T cellular network.

"With Mobilescape VX businesses can cost-effectively and securely equip their field personnel to take payments wherever and whenever service is delivered," adds Danne Buchanan, Executive Vice President, Merchant Services, Fundtech. "Our customers are able to accelerate the payments process and boost their bottom line."

Numerous Fundtech customers are using the device for secure mobile payments. The upgraded technology is available to all new customers as well as existing customers interested in the latest device. 

About Fundtech
Fundtech offers a comprehensive line of transaction banking solutions to banks and corporations of all sizes around the world. As a strategic supplier, Fundtech's customers benefit from lower operating costs and an enhanced end-user experience through integrated and feature-rich solutions. The firm's major product lines include: global and regional payments, corporate cash and liquidity management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, credit card gateway and mobile banking products. Fundtech offers its software through a traditional software license and a Software-as-a-Service (SaaS) contract. Thousands of financial institutions and companies worldwide rely on Fundtech's innovation to improve operational efficiency, increase revenues, and provide greater competitiveness through business-to-business services. Founded in 1993, Fundtech was acquired in 2011 by GTCR, a Chicago-based private equity firm. For more information please visit www.fundtech.com.

Press Contacts:
Patrick Kilhaney
Public Relations & Analyst Relations Manager
Fundtech
+1 201 215 6524
[email protected]

Kevin Maher
Cognito
+1 646 395 6304
[email protected]

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