Welcome!

News Feed Item

PayWith introduces the revolutionary mCard

Launch of simple, secure mobile payment solution a game-changer for payments industry

VANCOUVER, March 13, 2014 /PRNewswire/ - A new method of mobile payment has arrived that will change how merchants and shoppers interact.  PayWith Inc., a Vancouver-based company, has launched an innovative new smartphone app that simply and securely enables in-store transactions with mobile devices.

(Photo: http://photos.prnewswire.com/prnh/20140313/MM82607-a)

(Photo: http://photos.prnewswire.com/prnh/20140313/MM82607LOGO-b)

PayWith has signed a North American licence agreement with a leading global payment network that allows PayWith to provide merchants and consumers with a highly secure and convenient smartphone-based payment, loyalty rewards, and commission sales solution.

Over the last two years, PayWith created a new technology platform and developed the revolutionary mCard.  Led by CEO David Strebinger and a consortium of leading businessmen and entrepreneurs, PayWith has invested over $10-million dollars to bring this mobile payments solution to market.

"The mCard is a really simple way for shoppers to securely purchase goods and services using nothing more than their phone.  Merchants who sign up to use this PayWith technology will be able to offer a convenient and secure mobile payment platform and open a new door to marketing directly to their customers - with no new hardware or software required," says Strebinger.

With this license agreement, millions of merchants in North America who are able to process credit cards can choose to accept mCards and engage with their customers on a whole new level using the PayWith platform.

PayWith's suite of services includes mobile payment, loyalty rewards programs, customer acquisition campaigns, mobile gift cards, a range of social media marketing, fund-raising for non-profits and associations, as well as customer tracking and analytics for merchants. PayWith does not share data relating to the consumer's purchase of a mCard with any third party.

"PayWith is out to solve the problem of mass merchant adoption of mobile payments.  The largest barrier to entry PayWith sees with other mobile-based payment and loyalty rewards solutions on the market revolves around the merchant needing new hardware and software and the added fees, expenses and training required by merchants to participate.  Using PayWith, merchants do not have any technical, financial or security related barriers to overcome," says Strebinger.

The easy-to-use, secure mCard combined with the PayWith platform opens the door for merchants to connect with current and future customers in ways never before possible. This gives shoppers a real incentive and a compelling alternative to cash and plastic cards. 

As mobile technology continues to shape the shopping experience, the value of the payments industry is set to increase dramatically.  In North America, the mobile payments industry is projected by Forrester to be a multi-trillion dollar industry in less than three years.  Canada is primed for payment transformation like no other country in the world with the highest existing per capita use of mobile payment technology.  With 80 per cent of Canadians now owning smartphones, PayWith estimates 90 per cent will be able to engage in mobile payments by 2016.

"PayWith has successfully developed the first-ever platform for secure mobile payments combined with mobile marketing," adds Strebinger.  "With a North American licencing agreement in place, PayWith is uniquely positioned to take advantage of the transformation in payments and marketing which is well underway.  The introduction of the mCard will help transform how merchants and shoppers interact by making the "mobile wallet" a reality, available to anyone with a smartphone."    

About PayWith Worldwide
PayWith Worldwide (www.PayWith.com) provides merchants an ultra simple solution for transacting mobile payments, running rewards and loyalty campaigns and selling branded gift cards without any new hardware or software.  PayWith is focused on merchant profitability and quantifiable exposure. At the core of the PayWith platform for merchants is a "Pay Per Result" marketing system that tracks the ROI of every marketing campaign. Consumers "Pay With" branded mCards using their mobile phones and merchants receive relevant customer data and analytics that helps drive more customers spending more money more often.

SOURCE PayWith Worldwide Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Column Technologies exhibited at SYS-CON's @DevOpsSummit at Cloud Expo, which took place at the Javits Center in New York City, NY, in June 2016. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principals and help our customers meet today’s DevOps and Dig...
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ca...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
In his session at 20th Cloud Expo, Chris Carter, CEO of Approyo, will discuss the basic set up and solution for an SAP solution in the cloud and what it means to the viability of your company. Chris Carter is CEO of Approyo. He works with business around the globe, to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork's) and SAP HANA. At Approyo, we support firms who are looking for knowledge to grow through current business process, where even...