Miami, Jan. 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 Bahamas will promote and rollout CenPOS’ 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.

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