MediSwipe Inc (PINK: MWIP) gained in the morning hours after the company announces over two million dollars in new merchant processing transactions.
The company along with wholly owned subsidiary 800 Commerce announced over two million dollars ($2,000,000) in merchant processing transactions on behalf of client Rx Pharmacies, wellness centers and retail merchants for the months of November and December. These numbers are not consolidated and do not include the 800 Commerce division.
The management said that they are extremely pleased to be maintaining the company’s status as a leading financial payment provider for the alternative wellness sector going into the New Year. Presently, the company is working with existing and new clients to migrate them over to the new mobile payment and commerce card system providing tracking of transactions, loyalty and rewards offered by their partners ar SparkBase and PayCloud.
The company has also entered into agreements in which they will be offering the sale of an exclusive line of nutraceuticals through MediSwipe via online storefronts and their health merchant network. The company also looks forward to a very prosperous year for its shareholders.
As a result, shares of the company surged 38.24% to $0.0047 in the early hours on 7.97 million shares.
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