Proximity Mobile Payments include payments made by a mobile device in person at a physical location (such as a store). Most proximity payments make the use of smartphones and some physical hardware (such as QR Code or NFC readers) at the merchant to enable communication and acceptance of mobile payments (linked to one or more credit cards).
Our patent-pending solution provides an proximity mobile payment solution for merchants and processors that requires NO hardware installation at the merchant (reducing rollout costs from hundreds of dollars per merchant to a few dollars).
In addition to providing merchants with a proximity mobile payment solution, we provide them access to platform that enables the deployment of a analytics, loyalty and promotions strategy using the same application - at a fixed monthly fee.
From a consumer perspective, we integrated loyalty, promotion and receipt management into a single easy to use application.