Imogo Developing New Mobile Virtual Payment Platform for RFID Smartphones
SEATTLE, Feb. 11, 2014 /PRNewswire/ -- Imogo Mobile Technologies Corp. (OTCBB: IMTC)
With Imogo's new mobile enhanced payment platform system currently under development, the need to carry cash or payments cards while shopping will end.
By using a Radio Frequency Identification (RFID) equipped smartphone, Imogo's new mobile virtual payment system will make it possible for customers to choose instantly which bank account or credit card they wish to use to make a payment. The system will also automatically redeem coupons or discounts during the transaction. By eliminating physical payment processing, transaction times when paying for products or services will be reduced dramatically. There are many RFID smartphones currently on the market and in use such as the Samsung Galaxy and Note Series as well as many others.
Through this mobile virtual payment platform solution Imogo will have the potential to become a significant party in the financial transaction service industry for businesses and consumers. The mobile payment solutions platform also will further enhance Imogo's product offerings. There are exceptional growth possibilities in many parts of the world where comprehensive banking infrastructures do not exist and Imogo plans to capitalize on this market need.
"By adding a mobile virtual payment solution to Imogo's suite of products, the company will provide an important new opportunity for customers and businesses to complete transactions quicker and easier," says Stewart Irvine, President of Imogo. "This could enable Imogo to penetrate new markets and provide an additional revenue stream for the company."
About Imogo Mobile Technologies Corp. (Imogo): www.imogo.com
Imogo is the first, only and best company with all-in-one secure mobile office services and solutions for the hottest trends in today's market: email, cloud computing, mobility, bring your own device (BYOD), smartphones and tablets.
Cautions About Forward-Looking Statements
This news release contains forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from the expectations expressed in the forward-looking statements. Forward-looking statements are based on information as of January 2014, and we do not undertake any duty to update any forward-looking statement or other information in these materials.
Contact for Imogo Mobile Technologies Corp.:
Stewart Irvine, President
SOURCE Imogo Mobile Technologies Corp.