Penny Stock Millionaire

[Leo9]

MWIP Full Description MediSwipe Inc., formerly Cannabis Medical Solutions Inc., incorporated in February 1997, provides both online and wireless merchant payment solutions. The Company offers a range of secure transaction processing solutions using Internet point-of-sale (POS), e-commerce, social networks and mobile (wireless) terminals through its alliance partner network. The Company’s electronic payment processing range of services will enable clients to accept credit cards in stores or online, debit and automated teller machines (ATM) cards and automated clearance house (ACH) check drafts for payment whether a retail, service, mail-order or Internet merchant. The Company delivers services, such as merchant account activation, gateway connections, Web development and social network engines to a worldwide client base. The Commerce Online suite of e-commerce services include private label gateway, credit card acceptance, debit/ATM card acceptance, phone/mail order, Internet processing, gift and loyalty cards, check services, wireless/mobile, electronic benefits transfer (EBT), Web development and consulting, ACH, and equipment and supplies. Commerce Online owns 100% of its subsidiary, 800Commerce.com.
Through partnerships with Direct Technology Innovations, RedFin Net and Virtual Payment Processing, the Company has licensed and operates through a bank grade electronic vault-based payment processing system and payment card industry (PCI) compliant gateway. Commerce Online focuses on marketing its’ merchant processing and financial transaction services payment Gateway through its sister site www.800Commerce.com. The Commerce Online network will enable merchants to certify, secure and process credit card payments, ACH, Check 21, along with money transfers, bill payments and pay-by-check verification/guarantee services via Websites, retail stores, mail order, telephone order call centers, wireless terminals and hand held devices, including BlackBerry.
The Company competes with First Data Corporation, Total System Services, Global Payments, Authorize.net and Bank of America.
http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=MWIP.OB