Cardis Partners With Award-Winning App Creator, PureSolo To Be The Processing Solution Of Choice
NEW YORK, March 31, 2015 /PRNewswire/ -- Cardis USA, a division of Cardis International, the award-winning developer of low-value payment processing solutions, announced today a partnership with award-winning app creator, PureSolo. Cardis' innovative small payments technology to be PureSolo's processing solution of choice.
Cardis offers PureSolo a unique processing solution specifically designed for digital content providers in entertainment, publishing and gaming industries. The solution enables digital content retailers, such as PureSolo, to significantly reduce processing costs and offer products at a more granular level. This approach not only gives retail customers what they want but also generates new revenue opportunities while reducing payments processing costs.
"Today's low-priced digital content is incompatible with the traditional way of charging purchases. A significant portion of the sales price is lost when a seller is charged 30 cents out of every dollar," said David Kaplan co-founder of PureSolo. "The savings awarded by Cardis will be invested in developing and delivering superior content to our consumers. We are excited to get this rolled out across our multiple apps."
Cardis' patented technology enables several small consumer transactions to be handled as one larger value transaction processed through a payment network. By spreading the processing cost of this single, larger value transaction over a number of small payments, the overall cost is significantly reduced, enabling online retailers with customers making repeat small purchases to reduce their processing costs by up to 70 percent.
"We are thrilled to have partnered with a company like PureSolo to introduce our newest solution that will raise the bar and set the standards for the rest of the content industry," said Jonathan Nierenberg, Chief Marketing Officer at Cardis International. "As we see revenues and margins erode in the music and content industry today, the Cardis small payments processing technology turns that business model around and provides significant incremental revenues to the artist or content provider while lowering merchant overhead."
"Rollout of the first app in the music industry is a milestone for Cardis" said Nebo Djurdjevic, Chief Operating Officer at Cardis International. "PureSolo is only our first foray into the music and content industry. We have other implementations underway and we look forward in taking a role in revolutionizing the industry. "
About Cardis
Cardis is an award-winning provider of low-value payment processing solutions. Since its inception, Cardis has set out to transform the small payment ecosystem for the better. The goal is to turn low value payments into small profitable payments for digital content providers, retailers and processors. Cardis' disruptive technology is poised to transform industries that will benefit from offering products at a more granular level. The small payment revolution is about to begin with innovations taking place in publishing, entertainment and gaming, to name a few. For more information please visit: http://cardis-international.com
About PureSolo
Based in New York and London, PureSolo (*Startups Top 100, BBC Click – Best Web Site 2011) is an app creation company specialising in music and vocal recording technology for a range of mobile devices. PureSolo remain the chosen app provider for global brands, TV networks and major label artists seeking a fresh and engaging way to connect with their target audience. PureSolo was founded by US-born David Kaplan, a former Partner at Goldman Sachs (working in the company's offices in New York, Tokyo and London), and John Thirkell, regarded as one of the UK's leading trumpet and flugelhorn players. During a career spanning 30 years, Thirkell has played with George Michael, Tina Turner, Paul McCartney, Cher, Pixie Lott and Jamiroquai. For more information please visit: https://puresolo.com/
SOURCE Cardis
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