IFAN Financial, Inc. (IFAN) Lauds Facebook’s Plans to Enable E-Commerce Transactions on its Messenger App

IFAN Financial, a development-stage company with its sites on delivering the next generation of mobile payment transactions, is heralding Facebook’s announced plan to enable users to send or receive money over the social network’s Messenger app. IFAN Financial, anticipating the new Facebook feature to launch in the United States in the months ahead, feels it will ignite a broader consumer acceptance of mobile and computer transactions.

IFAN Financial President and CEO J. Christopher Mizer commented, “We’re excited to see a social networking leader like Facebook enter the dynamic mobile payments space. IFAN has long-recognized the growing synergies between social commerce and mobile technologies. We believe that Facebook’s participation in the mobile payments arena will likely accelerate consumer adoption of peer-to-peer money transfers via smartphone and ultimately add value to our platforms.”

IFAN’s technology is aiming at becoming a mobile payment solution that uses text messaging functions of mobile phones and smartphone apps. The company’s portfolio includes its iPIN Technologies device which at this time, is engaged in beta testing as a next-gen online payment technology giving consumers the ability to use their debit cards and corresponding PIN numbers to make secure cash transfers or online purchases with their cell phones, computers or tablets.

While many believe that as consumers become more confident in the security and convenience of mobile payment capabilities, IFAN will look to prospective applications and integration of its technologies that will accompany the roll-out of Facebook’s new feature.

Mr. Mizer further stated, “Facebook is a staple of modern communication and we look forward to the broader implications its peer-to-peer transfer services will have on the mobile payments industry. Our strategy is to take advantage of the anticipated momentum and explore potential opportunities to integrate the Messenger app functionality with our IFAN platforms, once fully operational.”

IFAN Financial, along with its wholly owned subsidiaries, design, develop, and distribute software that facilitates mobile payments. Included is the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer and peer-to-peer cash transfers.

For more information on the company, visit http://ifanfinancial.com

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