The Green Sheet Online Edition
March 23, 2015 • Issue 15:03:02
Two-sided mobile solution for buyers, sellers
InvisiCorp Inc. is touting a new mobile payment solution that enables users to both make and accept payments. InvisiPay, a secure mobile payment platform, delivers a consistent user experience to merchants and customers while protecting consumer identity and cardholder data, InvisiCorp reported. The company added that its mobile website with quick response code reader supports all web-enabled mobile devices. A separate iOS app is also available.
Pay with InvisiPay
InvisiCorp pointed out that the service is free to consumers, who can select preferred payment methods during a one-step registration and identity authentication process. Once approved, consumers can pay with their iPhones at participating merchant locations while maintaining the highest levels of privacy. Consumers using their mobile devices can scan the InvisiCode on a restaurant bill and enter a PIN to check out, split a tab or add a tip. They can also select coupons, discounts, redeem rewards, and scroll through their payment history, the company added.
Instant purchases can be made inside of print ads, smart posters, digital signage, e-commerce shopping carts and infomercials by scanning InvisiCodes and then entering a PIN. The order will be placed and paid for in seconds, according to InvisiCorp. InvisiPay customers can also make bill payments with a single entry on their smart phones, using an InvisiCode imprinted on the bill or included in an email.
Accept payments with InvisiPay
InvisiPay's marketing network and loyalty features are designed to help small and midsized merchants extend their reach by automatically reminding nearby customers to patronize their establishments. Merchants can accept payments from anywhere without using special equipment by setting up a merchant account. InvisiPay can also be seamlessly integrated into POS solutions, InvisiCorp noted.
Magid Mina, founder and Chief Executive Officer of InvisiCorp, sees global adoption of mobile payments as an opportunity to solve problems that have existed in legacy payments schemes. "InvisiPay is a mobile payment platform that solves the speed, security, and universal usability problems inherent in virtually every payment method," he said.
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