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Wipit releases omnichannel payment solution

8/6/2014

Pasadena, Calif. - Mobile payments company Wipit Inc has developed a new omni-channel payment technology designed to allow in-app barcode payments at retail point-of-sale. This technology compliments Wipit's existing network branded GPR card, in-app services, and e-commerce payment options from a prepaid cash mobile wallet.



Currently, Wipit's mobile wallet consumers can load accounts by adding cash at retail locations, setting up direct deposit, or using Quick Check, the company's instant remote mobile check deposit service. They can access these funds to pay for financial service transactions in Wipit's mobile wallet apps or swipe a network branded GPR card for payments and ATM withdrawals. Now these consumers will also be able to use their mobile wallet funds to make retail POS or web payments.



Online retailers, gaming companies and mobile e-commerce services can also leverage Wipit's e-commerce payment capabilities to reach consumers who may not have access to digital payments. Retail loyalty programs can be coupled with Wipit payments.



The technology is flexible. POS payment functionality, for example, can be implemented using a variety of different technologies, including in-app barcodes, closed-loop payment cards, or NFC.

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