Mobile Wallet

May 22, 2011 by USA Post 

Mobile WalletMobile Wallet, SparkBase a leading processor of private label, loyalty and stored value programs, won the Technological Innovation Award “for Paycloud ® at the Electronic Transactions Association (ETA) 2011 Annual Meeting. Paycloud smartphone is a mobile wallet-enabled loyalty card programs and gift securely integrates with existing terminals merchant credit card. Paycloud was named the winner on Wednesday 11 May at the hall in front of thousands of attendees.

“We are very pleased to receive this highly coveted prize. For years, consumers have been forced to wear rubber bands full of gift cards and loyalty to save money on your favorite stores,” said Doug Hardman, CEO of SparkBase. “Paycloud offers an alternative that is perfect for those who depend on their smartphones for almost everything.”

Paycloud is a great victory for the traders as well, with low upfront costs and the ability to offer coupons and promotions to the local community, all on their smartphones. “The technology behind Paycloud is available today,” continued Hardman. “Right Over 50 million iPhone and Android smartphones in use now is compatible with the mobile wallet Paycloud. We’re not talking about a product for the future. We’re talking about 2011.”

Mobile transaction processing Paycloud portfolio is responsible for the current SparkBase loyalty and gift network. Millions of merchants of all sizes and credit card terminals Paycloud required to use gift cards and loyalty transactions outlets.

“Paycloud meets the needs of merchants and their customers to deliver a product that benefits all. We would like to thank the ETA for providing us with a platform to showcase Paycloud, along with presenting us with this distinction,” said Hardman. Paycloud trial run will be this summer.

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