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IndustryUpdate

Geeq Pay to demo extremely
low-fee micropayments

Blockchain-focused Geeq Corp. stated it is building a
demonstration of its "game-changing payment technol-
ogy," which operates through "tiny digital cash-like pay-
ments, enabling direct online transactions for fees as low
as $0.0001." In May, the company filed an application
via the Patent Cooperation Treaty, building on its earlier
United States Patent & Trademark Office filing, with the
aim of global protection. Geeq is inviting interested par-
ties to participate in its micropayment layer demo using
this technology. To sign up, see geeq.io/spotlight-go-micro.

iCleanse adds new customer engagement versions
iCleanse launched three new customer engagement ver-
sions of its patented Swift UV rapid disinfection station
for smartphones: Stand, Wall-Mount, and Table-Top.
Businesses place the Swift UV disinfection stations
where needed to showcase digital video or still image
content in tandem with fast and effective smartphone
ANNOUNCEMENTS disinfection. While users wait 15 seconds for Swift UV to
kill 99.99 percent of pathogens (including coronavirus,
Chargebacks911 celebrates 10th anniversary the common cold, and influenza) on their smartphones,
businesses can continuously display educational, brand-
Founded in 2011 in Tampa Bay, Fla., by Monica Eaton- ing or advertising video, or still image content with or
Cardone and Gary Cardone, Chargebacks911 is now without sound on high resolution 10-inch LCD display
celebrating its 10-year anniversary. The company prides screens to a uniquely engaged audience, according to
itself on having protected more than 10 billion online iCleanse.
transactions and recovered over $1 billion in falsely dis-
puted and/or stolen revenue. IRIS CRM gains SOC 2 Type 2 certification
IRIS CRM is now SOC 2 certified. The audit, completed
Chargebacks911 employs more than 400 fintech profes- by Assure Professional, certifies that IRIS CRM meets
sionals working in North America, Europe and Asia for the SOC 2 security standards established by the AICPA.
some 45,000 active merchants in 87 countries across 27 With a SOC 2 compliant CRM solution, merchant ser-
verticals. Also, it recently launched a new dispute man- vices providers will be able to meet more stringent
agement brand for financial institutions, Fi911. security requirements from potential partners, especially

DivideBuy releases guide for retailers banks, who often require SOC 2 compliance in addition
to PCI Level 1 Compliance, the company stated, adding
To help merchants make informed decisions about buy that this certification removes the time and cost associ-
now, pay later (BNPL) options, DivideBuy released a ated with the audit process for organizations that don’t
new ebook titled How to attract customers with interest free require additional systems audited; it also reduces the
credit: A retailer’s guide to offering credit with confidence. audit scope for organizations going through the certifi-
Interest free credit has experienced a boom over the last cation process.
12 months, with research showing 11.5 percent of bridge
millennials have used BNPL, with users seeing the solu- MOCA launches digital payment assistant
tion as an effective means of controlling their finances MOCA, a digital-first, next-generation card-based pay-
while being able to make purchases they desire, the ment platform provider, launched Mia, its online pay-
company noted. ment assistant browser extension. Mia can be download-
ed for Chrome, Firefox, Safari and Internet Explorer and
DivideBuy stated that when following the company’s is designed to make online purchases with MOCA Cards
best practice guidelines, merchants have seen a 43 per- easier and more convenient. Users can select an exist-
cent increase in big ticket item sales and a 34 percent ing card to make an online payment directly from the
increase in average basket value. browser, or users can create one-time use card numbers
through Mia and use those to make online payments
for the ultimate in online security, the company stated.

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