Tech It Easy (TIE) and CHARGE Anywhere have reached a strategic partnership to distribute the latter’s mobile payment solutions in the British Virgin Islands (BVI), it has been announced. BVI-based TIE has confirmed that it is expanding its service to include mobile payment capabilities using CHARGE Anywhere’s mobile payment acceptance technology via smartphones anywhere business is conducted. Elford Parsons, owner of TIE, commented: ‘Our research has revealed that within the Virgin Islands, merchants are severely restricted in the processing of credit card payments. Because credit card validation terminals deployed have traditionally required a land based telephone line and electrical power to operate, merchants and retailers are restricted to accepting credit card payments exclusively within their premise. In the British Virgin Islands, where mobile penetration is well above the 100% mark and smartphones are quite prevalent, we are confident that the Virgin Islands is primed for the adoption of mobile payments’.
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