The Windows based application enables mobile merchants and brick and mortar businesses a tool to instantly swipe, transact, and print receipts for credit and debit card transactions using the P-25M with virtually any office computer through a simple online download.
The RedFin "SideBar" is a POS program that communicates with the RedFin Network (PCI) Payment gateway where wireless, retail, Internet, Check, ACH and gift/loyalty card transactions are securely processed and exported into QuickBooks accounting software. The RedFin "Sidebar" provides instant access to view detailed transaction reporting using a resident software application, which installs on laptops and desktop computers within seconds, delivering a valuable solution for mobile and retail merchants of all sizes and industries with a utility to process swipe credit card transactions and print customer receipts using our P-25M, a durable pocket-sized peripheral.
Jeffrey Schultz commented that “our development of these 2 proprietary programs, to be offered for sale through our nationwide group of ISO’s and VAR's, offers the most complete one-stop source for transaction processing through a Payment Gateway. It allows for resellers to sell transaction processing without having to include traditional costly processing terminals at the point-of-sale. This product offering through the RedFin Network is the most cost competitive in the marketplace, for its product category, and will significantly add to our recurring revenue stream in 2009.”
About Secured Financial Network
Secured Financial Network, Inc. offers a full spectrum of secure and reliable processing for e-commerce, mobile and traditional business transactions. Through its wholly owned subsidiary Virtual Payment Solutions (www.virtualpaymentsolutions.com), the Company provides reliable and robust solutions to e-Commerce and mobile commerce using a proprietary Internet Payment Gateway known as the “RedFin Network,” (https://secure.redfinnet.com). RedFin is CISP and PCI/DDS compliant. For more information on the Company, visit www.securedfinancialnetwork.com
QuickBooks are registered trademarks of Intuit Inc. Windows is a registered trademark of Microsoft, Inc.
This press release contains statements, which may constitute ``forward-looking statements'' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
For Secured Financial Network, Inc.
Jeffrey Schultz, President &
CEO, 954-376-7406
or
For Investor Relations
Flagler
Communications, Inc.
Jamie Dryer, 561-837-8057
flagcom@bellsouth.net