eMerit to be snapped up by bank

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Irish B2B dealership and distributor Commercial Wireless is negotiating with two of the country’s banks to become distribution partners of its eMerit finance application.

eMerit, which allows a BlackBerry handset to be used as a remote credit card payment processing channel, was developed in conjunction with UK dealership TrackTech, which Commercial Wireless purchased last year. Commercial Wireless will  announce its new Irish banking partner at the end of this quarter.

Dublin-based Commercial Wireless is working on further software applications for customers, including electronic payment projects around near field communication (NFC) technology. The investment in software solutions is part of the company’s new drive to become a broad-based mobile solutions provider following realignment of executive positions last year.

Co-founder Ronan Murphy (pictured) has taken a more active role as chief operations officer, and managing director Derek McDonald  has become business development director.

Commercial Wireless has expanded its service offering to incorporate remote access technology, mobile applications, fleet tracking systems and other mobile technology solutions.

Said Murphy: “The business needed to go in a new direction, to become an all-solution mobile technology vendor as opposed to just a handset reseller and connector of O2 and Vodafone. We will be focussing on managed services and solutions.

“Ninety per cent of our business is in the corporate sector, so our offering will appeal to companies looking to be more efficient. We are working with 10 different levels of managed services. We will target the top 300 of our 700 corporate customers.”

Commercial Wireless estimates it will report revenues of around €12.5 million for 2008.

 

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