ACCUPOS AND CYNERGY DATA AIM MERCHANT SERVICES AT SMB RETAILERS

Wireless News — May 1, 2008

AccuPOS, a provider of Point of Sale (POS), inventory management and time clock software for the retail and hospitality industries, announced it has teamed up with electronic payment processing company Cynergy Data for its Merchant Services. AccuPOS said the development partnership means small businesses now have the opportunity for low-cost merchant services, allowing them to compete with large businesses.

Using AccuPOS Point of Sale, along with Cynergy Data s LUCY Gateway integrated payment processing system, small businesses can boost sales to current customers, and reach new customers by taking payments via credit, debit and gift cards that were too costly for them to justify in the past.

Zion Shina, CEO of AccuPOS, Inc., commented, Our AccuPOS Merchant Service enables small businesses to act as big businesses by allowing them to buy merchant services the way large businesses do and to get the best discount rate possible. Other leading Point of Sale software controls such services without giving small businesses a choice. Voted best by Inc Magazine, AccuPOS Merchant Services Interchange Plus is a way to pass the low cost from credit card companies to small business retailers with an up front low margin. This low margin is equivalent to only a few dollars for every $10,000 processed. The per-transaction fee varies by type of credit card processed.

"The LUCY Gateway-AccuPOS relationship is more than ideal and enables retailers to take advantage of leading-edge Point of Sale technology to boost sales and gain customers," said Don Hartley, national sales director for LUCY Gateway. "It is the future of customer-to-business and business-to-customer partnerships."

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