Radiant Telecom has integrated its industry-leading Radiant Prepaid POS application with Comstar Interactive Corp.’s groundbreaking new CHARGE ANYwhere” wireless credit card processing solution, allowing merchants to sell a full suite of prepaid products using the latest cutting-edge wireless technology.
Delivery drivers, flea market attendants and taxi cab operators can now provide their customers with prepaid long distance, wireless, internet, dial tone and bankcard products without inventory risk or costs. All Radiant Prepaid Card products have no value until they are swiped through the CHARGE ANYwhere device and assigned a flexible value over the air. Radiant will offer the integrated solution to the marketplace through its extensive sales channel network.
“We are extremely excited about this relationship,” said Radiant s VP of Strategy, Apurve Mehra. “The ability to conveniently and cost effectively recharge Prepaid products from a wireless device will help further the transition to prepaid dominance in the American telecommunications marketplace. New technology is significantly reducing distribution costs associated with prepaid products. We have seen tremendous interest from credit card ISOs, taxicab and delivery businesses looking to capitalize on the prepaid explosion. Our clients are delighted with the increasing monthly residuals that seem to far surpass those of other merchant acquisition programs.”
“The CHARGE ANYwhere solution integrated with the Radiant Prepaid POS application will significantly reduce the costs of distributing prepaid products while simultaneously providing added convenience to consumers,” said J.D. Gardner, CEO of Comstar Interactive. “We look forward to working with Radiant to introduce this new technology in the marketplace.”
CHARGE ANYwhere is an easy-to-use, scalable wireless point-of-sale (POS) service that is feature-laden yet affordable. It allows businesses to make transactions in the field and also to manage them on-line, in real-time. CHARGE ANYwhere combines a wearable device a magnetic credit card reader incorporated with the popular BlackBerry”-class RIM 850/950 Wireless Handheld” with an innovative Web-based transaction database and reporting system and other wireless features such as check authorization, messaging and e-mail access in one low-cost package. It gives businesses a robust and economical comprehensive wireless solution to securely execute, authorize and manage payments by credit cards in real-time.
About Radiant Telecom
Radiant Telecom is one of the most vertically integrated firms in the prepaid telecommunications industry. “Necessity, Efficiency and Accessibility” are the basic principles that Radiant Holdings has based its suite of next generation telecommunications solutions on. Radiant provides wholesale long distance, prepaid platform, and stored value products and services to carriers and end consumers. Radiant provides prepaid products electronically to numerous POS and ATM devices and therefore provides Processors, ISO s and agents the opportunity to maximize their revenue for each location. Radiant s products offer both exceptional price and convenience. There are over 300,000 retailers selling Radiant s products within the U.S. every day. For more information on Radiant’s products and services, please go to [www.radiantholdings.com] or [www.radianttelecom.com].
About Comstar Interactive Corp.
Comstar Interactive Corp. is a New York City-based innovator of Web-enabled wireless and wireline solutions both for businesses and individuals whose primary investor is Tesla Capital of San Francisco. It delivers to customers secure, end-to-end solutions that combine cutting-edge software, hardware, middleware and gateway services with the superior nationwide coverage and reliability of the leading wireless data networks in the U.S. Comstar s comprehensive wireless product suite includes credit card processing, e-mail access and messaging solutions that are backed by a roster of trusted industry-leading partners. Comstar solutions are scalable, affordable feature-rich, easy-to-deploy and use and produce a quick and demonstrable return on investment. For more information on Comstar s products and services, please go to [www.comstarinteractive.com].