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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