Moneris Solutions Corp, a North Americam credit and debit card processors, and talech Inc, a tablet POS provider, have announced a strategic partnership and referral agreement.

As part of the partnership, talech's mobile point-of-sale product will be offered to merchants exclusively via Moneris bank channels. The product offers small to medium-sized businesses in the U.S. an mPOS solution that accepts payments and improves business management, according to a press release.

"Mobile is quickly emerging as the solution of choice for many merchants today as they look to increase their business efficiency and productivity," said Chris Lee, president of North American strategic partnerships and emerging markets at Moneris Solutions. "With nearly half of all POS solutions expected to be mobile in the next three years, our partnership with talech allows us to deliver to merchants a complete business management solution."

Moneris said this agreement with talech rounds out an already diverse portfolio of Moneris EMV-enabled products currently available via Moneris bank partners in the U.S. Moneris will offer talech as part of a bundled solution that includes software, hardware and merchant services, according to the announcement.

"At talech, we build intuitive and intelligent software for small to medium size business owners. With talech, Moneris merchants can know as much about their business as the big box stores do – the small data opportunity," said Irv Henderson, talech CEO.

Further details on merchant availability will be provided in summer 2016.