Company Profile | January 3, 2001

U.S. Wireless Data Inc.

Source: U.S. Wireless Data Inc.
U.S. Wireless Data has set the industry standard for wireless payment processing. Our proprietary Synapsesm platform brings together three large, rapidly growing industries–transaction processing, wireless data transport and the Internet–to provide a universal gateway for all parties in a wireless point-of-sale (POS) transaction.

Synapse* enables unrestricted wireless transactions in untapped markets. It provides a much-needed solution for many categories of merchants, creating rich new revenue streams for merchant acquirers and card processors. Synapse enables merchants to process credit, debit, EBT, and other card transactions as fast as cash, without the inconvenience and cost of being tethered to a telephone line or an electrical outlet. Synapse enables wireless check authorizations as well.

Additional benefits pioneered by U.S. Wireless Data–including an unprecedented depth of online management reporting–are making Synapse indispensable in both mobile and fixed environments, for both wireless and wired merchants.

At the forefront of innovation in the wireless arena, U.S. Wireless Data maintains its leadership through the continuous development of cutting edge solutions for other transaction environments. As we cross new frontiers in the transport of wireless data, we will continue to provide services that bring vastly increased efficiencies and revenues to new industries and market segments where mobile, high-speed, and reliable data transactions are needed.

U.S. Wireless Data is led by a management team with a depth of experience in credit card processing, point-of-sale terminal manufacturing, wireless data and IT management. Founded in 1991, the company has been publicly held since 1993.