YESpay International has announced that it's planning to enable smartphone based mobile payments at many of its selected merchants that participate in its web and mobile YESpay-Wallet card payment program, allowing customers to pay for web, mobile and in-store purchases with select smartphones.
YESpay is expected to launch its YESpay-Wallet Mobile App for select BlackBerry and iPhone smartphones as well as the iPod touch. Dr Chandra Patni, CEO at YESpay International said, “Customers of participating YESpay-Wallet merchants will have access to one of the most extensive global mobile payment program that enables the fastest way to pay on the web, on the mobile and in-store. This global program over the next 18 months could include over 3,000 YESpay merchants”.
YESpay regularly processes millions of cardholder payments for its merchants and predicts mobile payment will attract customers and merchants alike looking to experience the speed, ease and convenience of paying with their mobile phone.
Mobile payment is an up and coming market with several new smartphones including near field communication (NFC) technology which provides the platform for mobile payments to take place. We expect to see many more announcements about NFC over the coming year.
The YESpay-Wallet Mobile App is currently under development and the company is looking to release it soon, but no specific date has been released.
The YESpay-Wallet Mobile App will allow customers to manage their credit cards, check card balances, reload their virtual Cards with any major credit/debit card, check their Retailer Discount Coupons and Promotions status and find a nearby YESpay Merchant store with the store locator feature. In addition, using the mobile app customers will be able to pay with their smartphone by selecting one of their credit/debit or Virtual Cards in their electronic wallet, holding their mobile device in front of a scanner on the countertop and scan the card Mobile App’s on-screen barcode to make a purchase.
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