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IndustryUpdate
exhibitors at our 2013 show," said ETA Chief Executive Loop said it would soon begin shipping its dongle, the
Officer Jason Oxman. Transact 14 will he held April 8 to Loop Fob, to its pre-order customers and Kickstarter Inc.
10, 2014, at the Mandalay Bay Resort and Casino in Las fundraising backers.
Vegas.
MobileCause eliminates fees for charities
Partner info on working capital website
Fundraising facilitator and mobile marketer MobileCause
Working capital provider Fora Financial launched its launched a 0 percent transaction fee model for chari-
new partner website that provides information and table organizations. MobileCause said the elimination
tools for ISOs, payment processors and other types of of transaction fees allows charitable organizations to
companies. The company said www.forafinancial.com is raise more capital. Instead, MobileCause charges a fixed
designed to give Fora Financial's partners the insights, monthly fee for everyday mobile and online fundraising.
tips and other resources to help them better communi-
cate with their customers. POSGuys.com tackles customer engagement
iMobile3 makes wallet accessible to SMBs POS reseller POSGuys.com launched a blog designed to
discuss the application of POS and data capture solu-
Mobile payments app developer iMobile3 LLC reported tions in different environments. "Many customers have
that its mobile wallet, PassMarket, is available for small difficulty determining how they can use our equipment
and midsize merchants. PassMarket allows merchants to solve inefficiencies at their business," said Randy
to create "passes" (micro apps downloadable to smart- Cantrel, Sales Director at POSGuys.com. "Our staff has
phone users' mobile wallets) that are used to make pay- worked with countless businesses in virtually every
ments at the POS, communicate offers and other messag- industry, and so we want to share our solutions."
ing, and provide reporting to merchants.
New money transfer app named Sendly
Loop secures over $10 million in funding
Sweden-based voice over Internet protocol service pro-
Mobile POS firm Loop Inc. secured more than $10 mil- vider Rebtel launched Sendly, a money transfer service
lion in angel investment funding to further its growth. for prepaid phone users. The app, available for down-
load via iTunes and Google Play, allows users to send
money to prepaid mobile subscribers in over 50 coun-
tries, including China, India, Mexico, Nigeria and the
Philippines.
Retail Cloud Technologies opens shop
Retail Cloud Technologies LLC launched in Dallas
recently. The company said its cloud-based Teamwork
Retail mobile payment platform enables retailers to
control inventory, merchandising, replenishment, pur-
chasing, receiving, distribution, customer management,
order entry and stored-value services.
Boy Scouts use Sage to sell popcorn
POS vendor Sage North America reported it is provid-
ing mobile payment solutions for numerous Boy Scout
Councils. More than 180 Boy Scout Units – groups of
Cub Scout packs and Boy Scout troops – are using Sage
Mobile Payments for their year-round popcorn fundrais-
ers. The sale of popcorn helps Boy Scout chapters fund
local programs and activities.
Beta testing underway for worldcoin
Digital currency processor Scharmbeck Worldcoin
Financial Services started a beta test of an online plat-
form for the buying, trading and use of a new type of
cryptocurrency called worldcoin. The company said
worldcoin, which traded at $1.00 per cryptocoin on
Black Friday 2013, will be processed 20 times faster than
bitcoin on its new platform, which is slated for commer-
20
exhibitors at our 2013 show," said ETA Chief Executive Loop said it would soon begin shipping its dongle, the
Officer Jason Oxman. Transact 14 will he held April 8 to Loop Fob, to its pre-order customers and Kickstarter Inc.
10, 2014, at the Mandalay Bay Resort and Casino in Las fundraising backers.
Vegas.
MobileCause eliminates fees for charities
Partner info on working capital website
Fundraising facilitator and mobile marketer MobileCause
Working capital provider Fora Financial launched its launched a 0 percent transaction fee model for chari-
new partner website that provides information and table organizations. MobileCause said the elimination
tools for ISOs, payment processors and other types of of transaction fees allows charitable organizations to
companies. The company said www.forafinancial.com is raise more capital. Instead, MobileCause charges a fixed
designed to give Fora Financial's partners the insights, monthly fee for everyday mobile and online fundraising.
tips and other resources to help them better communi-
cate with their customers. POSGuys.com tackles customer engagement
iMobile3 makes wallet accessible to SMBs POS reseller POSGuys.com launched a blog designed to
discuss the application of POS and data capture solu-
Mobile payments app developer iMobile3 LLC reported tions in different environments. "Many customers have
that its mobile wallet, PassMarket, is available for small difficulty determining how they can use our equipment
and midsize merchants. PassMarket allows merchants to solve inefficiencies at their business," said Randy
to create "passes" (micro apps downloadable to smart- Cantrel, Sales Director at POSGuys.com. "Our staff has
phone users' mobile wallets) that are used to make pay- worked with countless businesses in virtually every
ments at the POS, communicate offers and other messag- industry, and so we want to share our solutions."
ing, and provide reporting to merchants.
New money transfer app named Sendly
Loop secures over $10 million in funding
Sweden-based voice over Internet protocol service pro-
Mobile POS firm Loop Inc. secured more than $10 mil- vider Rebtel launched Sendly, a money transfer service
lion in angel investment funding to further its growth. for prepaid phone users. The app, available for down-
load via iTunes and Google Play, allows users to send
money to prepaid mobile subscribers in over 50 coun-
tries, including China, India, Mexico, Nigeria and the
Philippines.
Retail Cloud Technologies opens shop
Retail Cloud Technologies LLC launched in Dallas
recently. The company said its cloud-based Teamwork
Retail mobile payment platform enables retailers to
control inventory, merchandising, replenishment, pur-
chasing, receiving, distribution, customer management,
order entry and stored-value services.
Boy Scouts use Sage to sell popcorn
POS vendor Sage North America reported it is provid-
ing mobile payment solutions for numerous Boy Scout
Councils. More than 180 Boy Scout Units – groups of
Cub Scout packs and Boy Scout troops – are using Sage
Mobile Payments for their year-round popcorn fundrais-
ers. The sale of popcorn helps Boy Scout chapters fund
local programs and activities.
Beta testing underway for worldcoin
Digital currency processor Scharmbeck Worldcoin
Financial Services started a beta test of an online plat-
form for the buying, trading and use of a new type of
cryptocurrency called worldcoin. The company said
worldcoin, which traded at $1.00 per cryptocoin on
Black Friday 2013, will be processed 20 times faster than
bitcoin on its new platform, which is slated for commer-
20