FT. LAUDERDALE, Fla., May 3, 2013 /PRNewswire-iReach/ -- PayToo Corp announced it has entered into a strategic alliance with Mobilepaid and AnywhereCommerce to deliver "PayTooSwipe®" a multifaceted mobile payment acceptance solution that can support a variety of payment presentation technologies. Available worldwide, this new mPOS app will transform any smartphone or tablet into a highly secure Multi-Acquiring, Multi-Technology Merchant device. Through this technology, merchants can accept payments made through traditional magnetic stripe, EMV chip, NFC platforms in addition to direct payments from a PayToo Mobile Wallet.
The unique partnership between PayToo, Mobilepaid, and AnywhereCommerce forms the foundation for servicing over 25 million small retailers and more than three billion unbanked consumers worldwide. PayToo adds its Global Mobile Wallet to the relationship, while Mobilepaid provides proprietary software technologies that transform any smartphone or tablet into a highly secure and convenient mPOS device, and AnywhereCommerce brings its secure mobile card-present payment accepting appliances.
"Our business is global, we understand the challenges small retailers face when trying to expand their businesses, especially where there are no banking networks or card acceptance" said Michel Poignant, CEO and Founder of PayToo Corp. "The combination of our respective solutions create a viable and completely accessible mobile payment application that will directly benefit merchants and consumers worldwide."
"Never miss a sale - in or out of the store, anywhere in the world" said Jean Pierre Gagnon, Chairman of Mobilepaid, "We are excited to partner with such a dynamic and entrepreneurial team in the mobile payment space. PayToo's Mobile Wallet solution is exactly what we are looking for to integrate into our mPOS solution. Under our multilevel agreement, we combine our proprietary technologies and processing experience with PayToo's innovative technology enabling a close co-operation."
"We are delighted to enter into this groundbreaking alliance with PayToo and Mobilepaid," said Mitchell Cobrin, CEO of AnywhereCommerce. "Our suite of patented hardware is a perfect fit for this global mPOS solution".
"The integration of PayToo Mobile Wallet payments into a complete suite of processing services is another milestone providing merchants and consumers with the best products and services. Mobilepaid is proud of our recent partnership with AnywhereCommerce, and we are now thrilled to team up with PayToo in creating mobile acceptance that brings real value to end-users." said David Vacher, President of Mobilepaid.
PayToo is the Brand of PayToo Corp, a US Corporation formed in 1999. Since 2005, PayToo has offered mobile phone solutions, VoIP, Prepaid Card and secure e-commerce payment transaction solutions. After five years of development, PayToo introduced PayToo Mobile Wallet, a global platform that is the first mobile wallet solution to combine telecommunications and mobile payments, all drawing from a single account. Today, PayToo has extended its merchant services offerings and has revolutionized the way merchants and user transact. PayToo is the first service to offer a Mobile Wallet with universal mobile capabilities. The International Association of Money Transfer Network selected PayToo as the 2011 winner of the Money Transfer Award for the Americas. For more information, please visit paytoo.com
Mobilepaid is a company headquartered in Singapore, specialized in secure mobile payment and mobile commerce solutions, having a proprietary EMV switch, offering attended and unattended POS applications, and operating worldwide. Its team of engineers and developers is uniquely positioned to assist with EMV migration, particularly in the unattended verticals where its Tokenization & Hashing proprietary solutions reduce the PCI scope.
Its flagship solution "Mobilepaid Wallet" is a white label platform that enables acquiring banks, mobile network operators and large sales organizations to enter the mobile payment vertical. It transforms any smartphone or tablet into a highly secure mPOS device for the acceptance of debit/credit/prepaid scheme cards worldwide. To learn more about Mobilepaid solutions, please visit mobilepaid.biz
AnywhereCommerce is a global payments technology engineering and solutions provider. The company offers a proprietary suite of hardware, software and gateway solutions for secure online and mobile card-present credit card, PIN debit, Chip and PIN- EMV and NFC transactions. Its universal platform supports iOS, Android, Blackberry and Windows Mobile devices. AnywhereCommerce provides white label and customized application services for retail line-busting as well as traditional field services. Its PCI- and EMV-approved devices and bank grade secure end–to-end ecosystem provides greater security, reliability, convenience and return on investment for consumers, merchants, networks, issuers and acquirers. In addition, AnywhereCommerce holds a number of patents, including one for the de facto audio-jack technology used in virtually all mobile payment transactions. To learn more about AnywhereCommerce solutions, please visit AnywhereCommerce.com
Media Contact: Eleane Gonzalez, PayToo Corp, (954)530-5846, [email protected]
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