CloudPay has
introduced a mobile payment solution that is currently revolutionizing the
mobile payments industry by providing an easy and cost-effective solution for
both retailers and consumers.
CloudPay reduces
merchant transaction fees by as much as 80% by accepting payments on any
smartphone or WiFi-enabled device. This new payment is a remarkable tool that
can save merchants a substantial amount in fees every year.
“By making use of
simple mobile technologies, we can make paying with mobile secure and easy for
consumers while lowering fees for merchants,” stated CEO of New Media Insight
Group, Michael Palethorpe. “Merchants processing $250,000 per month in credit
card transactions can save $5,000 in fees each month simply by transacting with
CloudPay. We are helping these merchants secure an extra $60,000 of net profit
on a yearly basis.”
With no monthly
fees, CloudPay comes with a free mobile and web app for merchants and
consumers; and it only takes minutes to set up.
“CloudPay is simply
the evolution of payments,” added Palethorpe. “It is simple for a consumer to
use, more cost-effective for the merchant. I believe in five years or less, we
will barely remember a time when people paid any other way.”
Curious merchants
can find out more about mCards, CloudPlay, and other New Media Insight Group
solutions at: http://www.newmediainsights.com
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