Global Technologies Investment, Inc. Announces the Creation of Payment by Cell, Inc.

Wellington, FL, August 10, 2007 --(PR.com)-- The software and systems development firm that specializes in the Mobile Payments Industry announced today that has partnered with an important group of independent consultants and industry leaders, to incorporate and operate a company called Payment By Cell, Inc.

Payment By Cell, Inc. will be responsible of developing business opportunities with banks, credit card companies, MSPs, ISOs, mortgage groups and governments, specially in the Latin-American region.

The business model is based on the participation and direct collaboration in the local operations, and in this way the investment of local partners is minimized, allowing the cash flow to focus on promotion and rapid generation of market share.

“MicroHUB and MoviPOS, are platforms developed by Global Technologies Investment, Inc., are patent pending and are designed to maximize the penetration of bankable individuals by leveraging the use of the cellular phone that is already in the hands of the population”, says Enrique Pallares, Board Member and co-founder of both companies. “…when using the platform in POS mode, the merchants that were not qualified or did not generate enough business to have a POS installed at their stores, will become eligible to receive credit card payments without the need of any investment or additional equipment, just using the cell phone that they have”, continues Pallares.

The company affirms that they have focused in the backend of infrastructure and their solution just plugs-in with the current bank or company core systems, making the process of integration seamless and without any important changes.

Global Technologies Investment, Inc. is very proud to have partnered with a professional group with those qualifications, multi-talented and strongly focused in results and business ethics.

Further information is available in the following web sites:

www.GlobalTechInv.com
www.PaymentByCell.com
www.GTICostaRica.com

Contact: Enrique Pallares at: Enrique.Pallares@PaymentByCell.com

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Global Technologies Investment, Inc.
Enrique Pallares
561-228-8545
www.globaltechinv.com
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