Welcome!

Server Monitoring Authors: Carmen Gonzalez, AppDynamics Blog, Yeshim Deniz, Liz McMillan, Pat Romanski

News Feed Item

Cred-Ex Announces Mobile Payment Services are Now Available Through iPhone, BlackBerry and Other Web Enabled Smart Phones

SECAUCUS, N.J., March 11 /PRNewswire/ -- Today, Cred-Ex launched a new service that brings the Company's payment processing tools to mobile devices. This service is called the "Cred-Ex m-Commerce Payment Solution." The technology includes a set of APIs (application programming interfaces) for brick and mortar merchants, e-commerce merchants and mobile developers. This tool will allow them to provide payment options to their customers within mobile websites, mobile applications and at point of sale of brick and mortar stores. The new service also allows for integration of the Cred-Ex Pay Vault platform. This feature allows customers to make purchases from their mobile devices using their revolving credit information stored within their Cred-Ex vault accounts.

Stephane Touboul, Emerging Payments Technologies CEO says: "We are very proud of our Cred-Ex mobile payment application. M-Commerce is undoubtedly the next trend in payment. The Cred-Ex m-Commerce solution technology allows consumers to feel safe and secure using their mobile device to make purchases at their favorite retail stores without cash, debit or credit cards."

"We anticipate that our participating merchants will see a lift in ticket size and an increase in sales because of the ease of use for the consumers, and that thanks to this new tool, our banking partners will acquire more account holders and see an increase in charge volume," he adds.

For Customers: Mobile Shopping Made Easy

Customers using Cred-Ex's new Mobile Payments Solution (MPS) will first sign-up on the Cred-Ex web site, www.cred-ex.com. After this initial authentication process which includes credit approval and mobile phone registration, they will be able to make all future purchases from their registered device without having to sign in again. This includes the Cred-Ex Pay Vault functionality. Existing Cred-Ex account holder will only need to register their mobile device once, using their control panel on the Cred-Ex web site.

As the mobile Cred-Ex web site shows, mobile shoppers only need to take four steps to complete their purchase using the new technology. First, the customer clicks on the "Cred-Ex Widget" on their iPhone or BlackBerry, or simply goes to www.Cred-Ex.com from their web enable smart phone. This will direct them to Cred-Ex's mobile interface. From there, the customer will be asked to enter their registered e-mail, last 4 digit of SSN, the store-provided reference number and to click on "Submit". After the payment is authorized, the customer will then be provided with an approval code and an e-mail confirmation relating to their purchase.

Customers can download the Cred-Ex iPhone App directly from the Apple web site in the iTunes App store, or by clicking on the following link: http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=356684313&mt=8

For Developers: No Extra Work Required

Developers and merchants already using Cred-Ex's patented alternative payment solution on their websites won't need to do any additional development work - the service will automatically detect when customers are shopping from a mobile device and will switch over to the new mobile optimized payment interface.

In other words, that means developers can continue to use Cred-Ex's flexible APIs they've already been using to build their applications and they don't need to go back and re-code anything to make the apps mobile-compatible.

Customers can now shop at brick and mortar locations of all participating Cred-Ex merchants with their web enabled phones, Android, BlackBerry, iPhone, Palm OS, Windows Mobile, Symbian, and Java devices.

About Cred-Ex

Cred-Ex (www.cred-ex.com) is the main brand of Emerging Payments Technologies, Inc. that has been a leader in alternative billing for over 10 years. Emerging Payments Technologies, Inc. began developing the Cred-Ex platform and brand in 2004 to lead the trend in online billing, e-Commerce, and now m-Commerce. Express Verifiable Authorization is the corner stone of the Cred-Ex process. Patented in 2007 (Patent # US 7,177,837,B2), it allows Cred-Ex to identify applicants and make instantaneous credit decision in less than 5 seconds. Cred-Ex senior management has built several major companies and are recognized leaders in the US and Europe in the alternative payments industry.

Contact Information:

Business Development; Eric Gelb, Sr. VP Business Development, [email protected], 201-865-7600 ext 102.

Technical Support and Integration; Steve Leyden, Integration Specialist, [email protected], 201-865-7600 ext 107

Developers: contact Cred-Ex at [email protected]

SOURCE Cred-Ex

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...