FORT LAUDERDALE, Fla., Nov. 5, 2014, PAYTOO Corp., the industry’s mobile wallet standard hits the street and announced today the launch of its standalone multi-services payment center system, the PAYTOO Kiosk. Thanks to its strategic partners, PreCash, Inc., Cachet Financial Solutions Inc. and BANCWire®, PAYTOO® is now able to reach and offer all of its services to anyone.
The stand-alone multi services payment center is now available! After a year of development and integration of a fully compliant technology, the Kiosk is born.
Store customers will now be able to pay bills, top up cellphones, transfer money worldwide, create gift cards and virtual prepaid cards, purchase long distance calling cards with credit card and cash with payments to merchants soon to be available.
“We are excited to be a part of the PAYTOO’s Kiosk and offer our payout network to over 100 countries to assist those customers wanting to send money to their loved ones in an efficient and convenient manner“, says Glenn Ault, CEO of BANCwire®.
The PAYTOO® Kiosk will also provide a real-time, 60-second ID verification.
“Cachet is excited to partner with PAYTOO® to provide an imaging solution that allows the consumer to perform certain transactions by providing the ability to fulfill all KYC requirements and to open an account via the mobile application“, said Jeffrey Mack, President and CEO at Cachet. “Applicants can scan and validate their ID, and open a new account with just a few clicks, simplifying and expediting the account opening experience for the end user.”
PAYTOO® will first launch the Kiosk in the State of Florida, followed by a nationwide deployment shortly thereafter.
“The financial needs of consumers constantly change. PAYTOO® has been at the forefront of innovation and provides consumers with products that embrace that change. We are excited to partner with PAYTOO® and bring leading bill-pay solutions to their next generation Kiosk,” said Blair Jeffery, SVP Sales & Business Development for PreCash, Inc.
PAYTOO® re-iterates its intent to work on improving the daily life of the unbanked, and underserved by lessening their hardship caused by the lack of access to financial services otherwise readily available to those recognized by the financial system, by offering an added convenience to all customers with a unique product, the Kiosk.
“The Kiosk is the latest piece of our puzzle and will soon be deployed nationwide to give us a direct connection to the street providing access to PAYTOO’s products and services to the masses,” says Michel Poignant, CEO of PAYTOO Corp.
The Kiosk was formally introduced during the Money 20/20 event held at the Aria Hotel in Las Vegas, from November 2nd to November 5th, 2014.
About PAYTOO®: PAYTOO® is a brand of PAYTOO Corp., a US organization founded in 1999 which has offered mobile phone solutions, VoIP, prepaid cards, and secured e-commerce payment transaction solutions, as early as 2004. After five years of development, PAYTOO® launched the first mobile solution to combine telecommunications and payments into one single account. This global platform is called the PAYTOO Mobile Wallet™. This Mobile Wallet is an electronic account and a substitute or alternative to a bank account in which consumers securely store their money and get to spend it, however and wherever they want, without the need of a bank account or prepaid debit card. To learn more about the PAYTOO® secured account and the other mobile financial products offered by PAYTOO Corp., visit us at http://www.paytoo.com or follow us on Twitter @Paytoo.
About Cachet Financial Solutions, Inc.: Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money management and remote deposit capture solutions for PC, Mac and mobile. The company’s industry-leading solutions help clients to increase customer/member engagement, grow revenues and gain competitive advantage. Cachet’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Cachet’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers or members. For more information, visit www.cachetfinancial.com
About BANCwire®: BANCwire® is a service of Bancservices International LLC and a wholesale provider of a multifaceted, multidirectional, ubiquitous payment product fully compliant with all US regulations, offered on a white label basis to financial institutions. Its closed-loop international remittance platform offers secure international money transfers to over 100 countries worldwide, and through collaboration with a variety of organizations, including technology companies, mobile carriers, non-government organizations, and members of the public sector. Bancservices International, LLC has developed products and services that strengthen and expand the reach of retail financial services in both the US and developing countries. To learn more about the products and services offered by BANCwire®, visit us at http://www.bancwire.org.
About PreCash, Inc.: Founded in 1998, PreCash delivers comprehensive, fast, convenient and low-cost payments services for businesses and consumers alike. Its robust bill payment platform helps businesses such as retail services, retail goods, including grocers, financial institutions and virtual service providers generate revenue and build stronger bonds with customers through standard and expedited bill payment processing. Its consumer payment solution, the Evolve Money™ application, allows consumers to pay all of their bills from their smartphone, tablet or PC. To learn more, visit www.precash.com.
Media Contact: Deborah Accos, PAYTOO Corp., (954) 414-9623, email@example.com