Miami, FL (PRWEB) January 28, 2015<\/p>\n
CenPOS announced today that it has signed a mutually exclusive processing agreement and acquiring services with Bank of The Bahamas. The agreement covers the entire Commonwealth of The Bahamas and whereby Bank of The Bahamas will promote and rollout CenPOS\u2019 suite of services to the business community throughout the country. These services include Mobile processing, Electronic Bill Presentment and Payment, integrated payment solutions, shopping carts, Point-to-Point encryption, tokenization, recurring billing, and Mobile Wallet. The CenPOS technology solution gives Bank of The Bahamas a significant competitive advantage in the Commonwealth as it covers a myriad of businesses ranging from the smallest to the largest billers in the country. Mobile Payments, ecommerce and Electronic Bill Presentment and Payment being the key drivers of this effort; thus, enabling the bank to easily provide payment acceptance services to merchants in the outer islands while mitigating risk and reducing merchant account acquisition costs.
\n\u201cThe Commonwealth of The Bahamas has one of the largest business communities in the Caribbean region in part due to the fact that The Bahamas is one of the most popular tourist destinations in the Caribbean. Therefore, it made strategic sense for CenPOS to cultivate a business relationship with a local acquirer that shared in our vision and was willing to embrace a technological change to create a difference in the market place,\u201d commented Jorge Fernandez Chairman and Co-Founder of CenPOS. \u201cWe wanted to partner with a local Bahamian Bank that understood the local business needs and was willing to create their own blue ocean strategy through the adoption of CenPOS\u2019s technology offering, ultimately making the competition irrelevant in the market place,\u201d added Fernandez.
\n\u201cBank of The Bahamas is proud to partner with CenPOS to continue to be the leader in delivering cutting edge technological banking solutions to our customer,\u201d stated Renee Davis, Acting Chief Operating Officer of Bank of The Bahamas.
\nAbout CenPOS
\nCenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS\u2019 secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant\u2019s banking relationships. For additional information please call 877.630.7960.
\nAbout Bank of The Bahamas
\nBOB is a modern, full service bank with 13 branches in seven islands (Nassau, Grand Bahama, Andros, Cat Island Exuma, San Salvador and Inagua) and a long history of firsts in the local Banking Industry. The Bank caters to retail clients from all walks of life providing personal loans and mortgages as well as savings and chequing accounts, term deposits, money transfers, online banking and prepaid cards. Simultaneously, BOB\u2019s Corporate and Commercial Department facilitates the financing and cash flow needs of the premier business establishments throughout the country. Since 2000 BOB\u2019s Private Banking and Trust arm has also provided wealth services (estate planning, trust and corporate services) to local and international clients.<\/p>\n
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For sales and software integrations, contact Christine Speedy, authorized CenPOS global reseller. 954-942-0483<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Miami, FL (PRWEB) January 28, 2015 CenPOS announced today that it has signed a mutually exclusive processing agreement and acquiring services with Bank of The Bahamas. The agreement covers the entire Commonwealth of The Bahamas and whereby Bank of The … Continue reading