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Issue Date: Vol. 53, No. 3, March 2013, Posted On: 3/11/2013

Spindle Liaisons Extend Mobile Payment Flexibility, Speed Adoption

Tim Sanford

SCOTTSDALE, AZ -- Spindle Inc. has announced an agreement with NCR Corp. (Duluth, GA) to resell NCR's Silver, a mobile point-of-sale system designed for small to midsize businesses.

Combining Spindle's mobile payment platform with NCR Silver will enable businesses to manage POS activities, including inventory management, sales data collection and analytics, from smartphones and tablets running under Apple's iOS operating system.

Under the pact, Spindle will offer NCR Silver through its distribution channel, along with the Spindle mobile commerce platform. This supports mobile payment and the administration of loyalty programs and rewards redemption, as well as merchant-specific alternative payment types.

Christian Nahas, vice-president and general manager of the NCR small and midsize business group, explained that "Spindle's mobile payments platform complements the NCR Silver architecture and provides Spindle's distribution channel with a compelling offering for meeting the needs of today's small businesses and their customers."

Spindle also is solidifying its relationship with mobile phone service providers. Last fall, Spindle was selected to provide the fundamental payment technology for SLiDE, a payment platform offered by a consortium that includes Anadyne Enterprises LLC (Delray Beach, FL) and Signature Card Services (Los Angeles). The consortium, Slide Safe LLC (Los Angeles), introduced its mobile payments product to selected MetroPCS Communications (Richardson, TX) distributors late last year.

Slide Safe recently signed a distribution agreement with All Cellular USA. Through this partnership, the consortium expects to introduce Spindle's mobile payments solution to All Cellular's 90 locations nationwide, including south Florida, central Florida, Philadelphia, Delaware, New Jersey, Detroit and Los Angeles.

Incorporating Spindle's proprietary robust mobile commerce platform, SLiDE enables small merchants and consumers to securely conduct transactions with their mobile phones. The technology supports card and check acceptance as well as mobile commerce services like loyalty and marketing activities. All Cellular USA will offer SLiDE as part of its MetroPCS Communications services.

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