Mutual Merchant Services Forms Marketing Alliance With Zion Systems to Provide Wireless Processing Services to Christian Organiz
22 October 2008 - 10:00PM
Marketwired
Mutual Merchant Services (PINKSHEETS: MUTM) (German WKN# A0Q8CV)
today announced it has formed a strategic marketing alliance to
provide mobile market credit card processing services to Christian
organizations and to businesses nationwide with Zion Systems, LTD.
Zion Systems concentrates in the non-profit sector and is
dedicated to providing mobile payment capabilities and text
messaging campaigns. It is anticipated that Zion could bring tens
of millions of dollars per month in credit card processing volume
by early 2009, and could continue to grow from there as more and
more organizations are reached. Its founder and president, Luis
Moreno, chose Mutual Merchant Services to implement Zion Systems'
nationwide ministry outreach mobile donation program. Mr. Moreno is
the former head of Morris Cerullo World Evangelism, a Christian
ministry which is one of the largest in the world, reaching over
200 countries.
"Through Luis' extensive relationships, Mutual Merchant Services
will have tremendous business development opportunities throughout
the evangelical Christian community as well as in the secular
business world," said Gil Gillis, CEO of Mutual Merchant Services.
"This marketing alliance should translate into significant and
increasing amounts of credit card processing volume."
About Mutual Merchant Services
Mutual Merchant Services is a single source provider of
financial services, offering a variety of products and services to
merchants, financial institutions, and banks. Services offered
include credit and debit card acceptance, check guarantee, check
verification, check conversion, check 21, advance funding, ACH
check processing, prepaid and bill pay services. Mutual Merchant
Services also provides point of sale software, hardware, and
e-commerce products.
Forward-Looking Statements
This release includes "forward-looking statements" from the
Company that may or may not materialize and recipients are
cautioned not to place undue reliance upon them. These
forward-looking statements are subject to a number of known and
unknown risks and uncertainties outside of our control that could
cause actual operations or results to differ materially from those
anticipated. It is important to note that actual results could
differ materially from those in such "forward-looking statements"
and "forward-looking statements" are inherently subject to risks
and uncertainties. We assume no obligation to update any written or
oral forward-looking statement made by us or on our behalf as a
result of new information, future events or other factors.
For Investor Relations: Integrated Capital Partners, Inc. +
908-204-0004 Email Contact
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