Press Release - Collective Point of Sale Solutions Launches Interactive Voice Response (IVR) Service

Collective P.O.S. has launched an Interactive Voice Response Service (IVR) for Canadian merchants.

Toronto, ON - January 8, 2007

Collective Point of Sale Solutions Ltd. (Collective P.O.S.), a leading Canadian provider of payment processing services and secure point of sale solutions has launched an Interactive Voice Response Service (IVR) for Canadian merchants. This service allows merchants to process credit card payments anywhere at anytime without the need for a point of sale terminal or dedicated phone line. IVR is an ideal solution for merchants who process a low monthly volume of credit cards or are frequently mobile.

”We are excited to offer a transaction processing solution that allows merchants to process credit card payments anywhere at anytime without the need for a point of sale terminal or dedicated phone line,” said Michael Back, President of Collective P.O.S.  “All a merchant requires is access to a touch tone phone to process credit card transactions 24 hours a day, 7 days a week.”

IVR is an ideal solution for merchants who process a low monthly volume of credit cards or are frequently mobile – on the road at trade shows, flea markets and other offsite events.  It can even serve as a reliable back-up payment system when the power goes out.

“There is strong demand in the marketplace for an IVR solution,” said Collective P.O.S.’ Back.  “This product targets an underserved segment of the market and continues to round out Collective P.O.S.’ suite of payment processing services and secure point of sale solutions for small and medium businesses across Canada.”

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About Collective Point of Sale Solutions Ltd.:
Collective Point of Sale Solutions Ltd. (Collective P.O.S.) is Canada’s choice for payment processing and merchant services. Founded in 2001 by President, Michael Back, the company’s mission is to provide entrepreneurs and owners of small to medium-sized businesses with affordable, convenient and more customized alternatives to the debit and credit card processing services currently offered by major banks and other payment processors.

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

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